SMX Public Ltd Co Completes Securities Purchase Agreement
Ticker: SMXWW · Form: 6-K · Filed: Jul 9, 2024 · CIK: 1940674
| Field | Detail |
|---|---|
| Company | Smx (Security Matters) Public Ltd Co (SMXWW) |
| Form Type | 6-K |
| Filed Date | Jul 9, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $615,000, b, $750,000, $615,000, $24,657, $0.13 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financing, securities-offering
TL;DR
SMX just closed a securities deal on July 8th, details to follow.
AI Summary
On July 8, 2024, SMX (Security Matters) Public Limited Company completed transactions under a Securities Purchase Agreement, issuing new securities. The company is incorporated in Ireland and its principal executive offices are located in Dublin.
Why It Matters
This filing indicates a capital raise or restructuring event for SMX, which could impact its financial position and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a securities transaction, which can carry inherent risks related to financing and market reception.
Key Players & Entities
- SMX (Security Matters) Public Limited Company (company) — Registrant
- July 8, 2024 (date) — Effective Date of transactions
- Securities Purchase Agreement (document) — Agreement under which transactions were consummated
- Dublin, Ireland (location) — Location of principal executive offices
FAQ
What specific securities were issued by SMX under the Securities Purchase Agreement?
The filing states that the Company issued and sold securities, but does not specify the type of securities in this excerpt.
What were the terms of the Securities Purchase Agreement?
The filing mentions the consummation of transactions pursuant to a Securities Purchase Agreement but does not detail the terms within this excerpt.
What is the significance of the 'Effective Date' being July 8, 2024?
The Effective Date signifies the date on which SMX (Security Matters) Public Limited Company consummated the transactions outlined in the Securities Purchase Agreement.
Does SMX file annual reports under Form 20-F or Form 40-F?
SMX indicates it files annual reports under Form 20-F.
What was the previous name of SMX (Security Matters) Public Limited Company?
The company was formerly known as Empatan Public Ltd Co, with a name change effective August 1, 2022.
Filing Stats: 1,134 words · 5 min read · ~4 pages · Grade level 14.5 · Accepted 2024-07-09 07:12:31
Key Financial Figures
- $615,000, b — ross proceeds to SMX of approximately US$615,000, before deducting fees and other offering
- $750,000 — The Note is in the principal amount of $750,000 (the “Principal Amount”). T
- $615,000 — pursuant to the Note is approximately US$615,000 after an original issue discount. The m
- $24,657 — yable. Interest is a one-time charge of $24,657.53, which was applied on the issuance d
- $0.13 — Shares, at a fixed conversion price of $0.13 per share, subject to customary adjustm
- $1,000 — a “Fail to Deliver Fee” of $1,000 per day, pursuant to the terms of the N
- $0.10 — inary Shares, has an exercise price of $0.10 per share, subject to customary adjustm
- $110,000 — rsion and settlement of an aggregate of $110,000 and AUD859,500 of liabilities owed to t
- $0.0022 — lders at an exercise price per share of $0.0022. As a part of the exchange and conversi
Filing Documents
- form6-k.htm (6-K) — 31KB
- ex4-1.htm (EX-4.1) — 94KB
- ex4-2.htm (EX-4.2) — 95KB
- ex10-1.htm (EX-10.1) — 73KB
- ex10-2.htm (EX-10.2) — 67KB
- ex10-3.htm (EX-10.3) — 45KB
- ex10-4.htm (EX-10.4) — 48KB
- ex99-1.htm (EX-99.1) — 19KB
- ex99-1_001.jpg (GRAPHIC) — 7KB
- ex99-1_002.jpg (GRAPHIC) — 2KB
- ex99-1_003.jpg (GRAPHIC) — 2KB
- ex99-1_004.jpg (GRAPHIC) — 13KB
- 0001493152-24-026567.txt ( ) — 508KB
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: July 9, 2024 SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY By: /s/ Haggai Alon Name: Haggai Alon Title: Chief Executive Officer