SMX Amends Incentive Plan, Increases Share Authorization
Ticker: SMXWW · Form: 6-K · Filed: Sep 11, 2025 · CIK: 1940674
| Field | Detail |
|---|---|
| Company | Smx (Security Matters) Public Ltd Co (SMXWW) |
| Form Type | 6-K |
| Filed Date | Sep 11, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $0 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-plan, amendment, shares
TL;DR
SMX boosted its share pool for employee stock options, filing an 8-K.
AI Summary
SMX (Security Matters) Public Ltd Co announced on September 11, 2025, that it has further amended its 2022 Incentive Equity Plan. The amendment increases the number of authorized Ordinary Shares available under the plan from approximately 7.8 million.
Why It Matters
This amendment allows the company to grant more equity awards, potentially incentivizing employees and management, which could impact future stock dilution.
Risk Assessment
Risk Level: low — This filing is a routine amendment to an existing equity incentive plan, not indicating immediate financial distress or significant operational changes.
Key Numbers
- 7.8 million — Ordinary Shares (Previous authorization limit under the Incentive Plan)
Key Players & Entities
- SMX (Security Matters) Public Ltd Co (company) — Registrant
- 2022 Incentive Equity Plan (plan) — Subject of amendment
- 7.8 million (dollar_amount) — Previous share authorization limit
FAQ
What is the exact new number of authorized Ordinary Shares under the Incentive Plan?
The filing states the number of authorized Ordinary Shares was increased from approximately 7.8 million, but does not specify the exact new total.
When was the 2022 Incentive Equity Plan originally adopted?
The filing refers to the '2022 Incentive Equity Plan', implying it was adopted in 2022.
What is the purpose of increasing the authorized shares under the Incentive Plan?
The purpose is to allow the company to grant more equity awards to employees and management.
What is the filing date of this 6-K report?
The filing date is September 11, 2025.
What is the company's principal executive office address?
The company's principal executive office is located at Mespil Business Centre, Mespil House, Sussex Road, Dublin 4, Ireland.
Filing Stats: 311 words · 1 min read · ~1 pages · Grade level 15.4 · Accepted 2025-09-11 07:19:56
Key Financial Figures
- $0 — d 10,958,624 ordinary shares, par value $0.000000000000287, issued and outstanding
Filing Documents
- form6-k.htm (6-K) — 16KB
- 0001641172-25-027090.txt ( ) — 17KB
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 10, 2025 SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY By: /s/ Haggai Alon Name: Haggai Alon Title: Chief Executive Officer