Summary by Moomoo AI
SMX (Security Matters) Public Limited Company held its adjourned Extraordinary General Meeting on June 11, 2024, where shareholders voted on two key proposals. The first proposal, which aimed to consolidate the Company's ordinary shares to achieve a post-consolidation price per share of up to $10.00, received majority approval with 13,326,955 votes for, 1,034,104 against, and 11,263 abstentions. The second proposal, allowing for an adjournment of the General Meeting to solicit additional proxies if necessary, also passed with 13,568,273 votes for, 628,376 against, and 175,673 abstentions. A total of 14,372,322 ordinary shares were voted at the meeting. The exact consolidation ratio and the date when shares will begin trading on a consolidation-adjusted basis have not been determined. The Company will report the finalized consolidation ratio in a future Form 6-K filing, and the consolidation will take effect once new ISIN and CUSIP numbers are assigned to the Company's ordinary shares.