share_log

424B3: Prospectus

SEC ·  Sep 11 16:32
Summary by Moomoo AI
SMX (Security Matters) Public Limited Company has filed a prospectus supplement to update and supplement their prospectus dated July 1, 2024, with the issuance of up to 200,000 ordinary shares to Generating Alpha, Ltd. This filing includes the attachment of a Report on Form 6-K submitted to the SEC on September 10, 2024. The company has also detailed a series of financial agreements and transactions, including a promissory note financing agreement with an institutional investor for gross proceeds of US$194,500, and a series of agreements with PMB Partners, LP involving share issuance, note exchange, and a share exchange agreement. Additionally, the company has amended its 2022 Incentive Equity Plan to increase the number of authorized ordinary shares and granted equity to executives, directors, consultants, and advisors...Show More
SMX (Security Matters) Public Limited Company has filed a prospectus supplement to update and supplement their prospectus dated July 1, 2024, with the issuance of up to 200,000 ordinary shares to Generating Alpha, Ltd. This filing includes the attachment of a Report on Form 6-K submitted to the SEC on September 10, 2024. The company has also detailed a series of financial agreements and transactions, including a promissory note financing agreement with an institutional investor for gross proceeds of US$194,500, and a series of agreements with PMB Partners, LP involving share issuance, note exchange, and a share exchange agreement. Additionally, the company has amended its 2022 Incentive Equity Plan to increase the number of authorized ordinary shares and granted equity to executives, directors, consultants, and advisors. Furthermore, SMX has entered into a contract with R&I Trading of New York to provide supply chain management services to a NATO member state, which is currently in dispute. The company believes the termination of the contract by R&I Trading is unlawful and intends to defend against any claims vigorously.
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