SMX Announces Private Placement Transaction

TL;DR

SMX just did a private placement deal, more details coming soon.

AI Summary

On September 11, 2024, SMX (Security Matters) Public Limited Company announced a private placement transaction. The company entered into a Securities Purchase Agreement to facilitate this placement, with details of the transaction to be further disclosed.

Why It Matters

This private placement could provide SMX with additional capital, potentially impacting its operational capacity and future growth strategies.

Risk Assessment

Risk Level: medium — Private placements can indicate a need for capital, and the terms and impact on existing shareholders are not yet fully disclosed.

Key Players & Entities

• SMX (Security Matters) Public Limited Company (company) — The company entering into the private placement.
• September 11, 2024 (date) — Date of the private placement transaction.
• Securities Purchase Agreement (document) — The agreement governing the private placement.

FAQ

Key Financial Figures

• $5.350 m — rdquo;) for aggregate gross proceeds of $5.350 million, before deducting fees to the pla
• $1 — are per warrant at an exercise price of $1.00, and one (1) Series B Common Warrant
• $1.00 — blic offering price per Common Unit was $1.00 (or $0.9999 for each Pre-Funded Unit, w
• $0.9999 — ing price per Common Unit was $1.00 (or $0.9999 for each Pre-Funded Unit, which is equa
• $0.0001 — the offering minus an exercise price of $0.0001 per Pre-Funded Warrant). The Pre-Funded
• $0.00001 — rice of each Series B Common Warrant is $0.00001 per Ordinary Share. The number of Ordin
• $1,072,000 — asers. Of the gross proceeds, 20%, or $1,072,000, will be held in escrow and payable to
• $5.350 Million — ic Limited Company Announces Pricing of $5.350 Million Private Placement” 99.9 Closi

Filing Documents

• form6-k.htm (6-K) — 29KB
• ex99-1.htm (EX-99.1) — 109KB
• ex99-2.htm (EX-99.2) — 313KB
• ex99-3.htm (EX-99.3) — 201KB
• ex99-4.htm (EX-99.4) — 181KB
• ex99-5.htm (EX-99.5) — 161KB
• ex99-6.htm (EX-99.6) — 142KB
• ex99-7.htm (EX-99.7) — 33KB
• ex99-8.htm (EX-99.8) — 20KB
• ex99-9.htm (EX-99.9) — 26KB
• ex99-1_001.jpg (GRAPHIC) — 5KB
• ex99-1_002.jpg (GRAPHIC) — 2KB
• ex99-8_001.jpg (GRAPHIC) — 2KB
• ex99-9_001.jpg (GRAPHIC) — 4KB
• ex99-9_002.jpg (GRAPHIC) — 1KB
• 0001493152-24-036291.txt ( ) — 1236KB

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: September 16, 2024 SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY By: /s/ Haggai Alon Name: Haggai Alon Title: Chief Executive Officer 3

View Full Filing

View this 6-K filing on SEC EDGAR