SMX Amends Stock Purchase Agreement with Generating Alpha Ltd.
Ticker: SMXWW · Form: 6-K · Filed: Jun 7, 2024 · CIK: 1940674
| Field | Detail |
|---|---|
| Company | Smx (Security Matters) Public Ltd Co (SMXWW) |
| Form Type | 6-K |
| Filed Date | Jun 7, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $833,333, $500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, agreement, corporate-action
TL;DR
SMX amended its deal with Generating Alpha, details TBD.
AI Summary
On June 6, 2024, SMX (Security Matters) Public Limited Company amended its Stock Purchase Agreement with Generating Alpha Ltd., originally dated April 19, 2024. The filing does not specify the terms of the amendment or any associated dollar amounts.
Why It Matters
This amendment could signal changes in a significant transaction for SMX, potentially impacting its financial structure or strategic direction.
Risk Assessment
Risk Level: medium — Amendments to stock purchase agreements can introduce new risks or alter existing ones, but the lack of specific details in this filing makes a precise risk assessment difficult.
Key Players & Entities
- SMX (Security Matters) Public Limited Company (company) — Registrant
- Generating Alpha Ltd. (company) — Counterparty to Stock Purchase Agreement
- April 19, 2024 (date) — Original date of Stock Purchase Agreement
- June 6, 2024 (date) — Date of Amendment
FAQ
What are the specific terms of the amendment to the Stock Purchase Agreement?
The filing states that an amendment was entered into on June 6, 2024, but does not provide the specific terms of this amendment.
What was the original Stock Purchase Agreement dated April 19, 2024, for?
The filing does not specify the purpose or terms of the original Stock Purchase Agreement dated April 19, 2024.
Are there any financial implications of this amendment for SMX?
The filing does not disclose any specific dollar amounts or financial implications related to the amendment.
What is the relationship between SMX and Generating Alpha Ltd.?
Generating Alpha Ltd. is the counterparty to SMX's Stock Purchase Agreement, which was amended on June 6, 2024.
Does this filing provide an update on SMX's annual report status?
The filing indicates that SMX files annual reports under cover of Form 20-F, as checked by a ☒ symbol.
Filing Stats: 288 words · 1 min read · ~1 pages · Grade level 13.8 · Accepted 2024-06-07 08:30:53
Key Financial Figures
- $833,333 — raised per month under the Agreement is $833,333, and not $500,000 as specified in the A
- $500,000 — nder the Agreement is $833,333, and not $500,000 as specified in the Agreement. Furtherm
Filing Documents
- form6-k.htm (6-K) — 17KB
- ex10-1.htm (EX-10.1) — 17KB
- 0001493152-24-023013.txt ( ) — 35KB
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: June 7, 2024 SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY By: /s/ Haggai Alon Name: Haggai Alon Title: Chief Executive Officer