SMX Enters Underwriting Agreement with EF Hutton for Public Offering
Ticker: SMXWW · Form: 6-K · Filed: Feb 16, 2024 · CIK: 1940674
| Field | Detail |
|---|---|
| Company | Smx (Security Matters) Public Ltd Co (SMXWW) |
| Form Type | 6-K |
| Filed Date | Feb 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0022, $0.24, $0.2378, $2.67 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: public-offering, underwriting-agreement, capital-raise
TL;DR
**SMX just inked an underwriting deal with EF Hutton for a public offering, signaling a capital raise.**
AI Summary
On February 16, 2024, SMX (Security Matters) Public Limited Company entered into an underwriting agreement with EF Hutton LLC for a public offering. This 6-K filing reports the initiation of this offering, indicating the company's intent to raise capital through the sale of securities. The filing details the company's business address in Dublin 4, Ireland, and its contact number +353-1-920-1000.
Why It Matters
This filing signals SMX's move to raise capital, which could impact its financial stability, growth prospects, and stock valuation.
Risk Assessment
Risk Level: medium — Public offerings can dilute existing shareholder value and the success of the offering depends on market conditions.
Key Players & Entities
- SMX (Security Matters) Public Limited Company (company) — Registrant entering underwriting agreement
- EF Hutton LLC (company) — Underwriter for the public offering
- February 16, 2024 (date) — Date of underwriting agreement
- Dublin 4, Ireland (location) — Principal executive offices of SMX
- +353-1-920-1000 (phone_number) — Business phone of SMX
FAQ
What is the purpose of the 6-K filing by SMX (Security Matters) Public Limited Company?
The 6-K filing reports that SMX (Security Matters) Public Limited Company entered into an underwriting agreement with EF Hutton LLC on February 16, 2024, for a public offering.
Who is the underwriter for SMX's public offering?
EF Hutton LLC is the underwriter for SMX (Security Matters) Public Limited Company's public offering, as stated in the underwriting agreement dated February 16, 2024.
When did SMX (Security Matters) Public Limited Company enter into the underwriting agreement?
SMX (Security Matters) Public Limited Company entered into the underwriting agreement on February 16, 2024.
What is the address of SMX (Security Matters) Public Limited Company's principal executive offices?
The principal executive offices of SMX (Security Matters) Public Limited Company are located at Mespil Business Centre, Mespil House, Sussex Road, Dublin 4, Ireland.
What is the Commission File Number for SMX (Security Matters) Public Limited Company?
The Commission File Number for SMX (Security Matters) Public Limited Company is 001-41639.
Filing Stats: 745 words · 3 min read · ~2 pages · Grade level 14.7 · Accepted 2024-02-16 17:10:05
Key Financial Figures
- $0.0022 — dquo;Ordinary Shares”), par value $0.0022 per share, at a subscription price per
- $0.24 — e, at a subscription price per share of $0.24 (the “Firm Shares”). Additi
- $0.2378 — nts) will be equal a price per share of $0.2378 (100% of the public offering price allo
- $2.67 million — mpany, are expected to be approximately $2.67 million. The Offering is expected to close on o
Filing Documents
- form6-k.htm (6-K) — 28KB
- ex1-1.htm (EX-1.1) — 221KB
- ex99-1.htm (EX-99.1) — 14KB
- ex99-1_001.jpg (GRAPHIC) — 6KB
- 0001493152-24-007042.txt ( ) — 272KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: February 16, 2024 SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY By: /s/ Haggai Alon Name: Haggai Alon Title: Chief Executive Officer