Doron Afik Amends SMX Ownership Filing

TL;DR

Ex-SMX director Doron Afik filed an ownership update, could be a big deal.

AI Summary

Doron Afik, previously a director, has filed an amendment (No. 1) to Schedule 13D on June 4, 2024, regarding his ownership in SMX (Security Matters) PLC. The filing indicates a change in reporting, potentially related to his previous director role which ended on April 29, 2024. The specific details of the ownership change or the reason for the amendment are not fully elaborated in the provided text.

Why It Matters

This filing amendment by a former director could signal shifts in significant shareholder positions or strategic intentions for SMX (Security Matters) PLC.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings, especially from former insiders, can indicate significant changes in control or strategy, warranting closer attention.

Key Players & Entities

• Doron Afik (person) — Filing person and former director
• SMX (Security Matters) PLC (company) — Issuer of securities
• April 29, 2024 (date) — Date of event requiring filing / end of director role
• June 4, 2024 (date) — Filing date of amendment

FAQ

Key Financial Figures

• $0.0022 — of Issuer) Ordinary Shares, par value $0.0022 per share (Title of Class of Securiti
• $564,795 — rsquo;s December 31, 2023 conversion of $564,795 of principal and interest owned to him

Filing Documents

• formsc13da.htm (SC 13D/A) — 61KB
• ex10-1.htm (EX-10.1) — 19KB
• ex10-2.htm (EX-10.2) — 24KB
• 0001493152-24-022490.txt ( ) — 105KB

(a) below)

Item 5(a) below). Item 1. Security and Issuer This report on Schedule 13D (this “Report”) relates to the issued and outstanding ordinary shares, par value $0.0022 per share (the “Ordinary Shares”), of SMX (Security Matters) PLC, an Ireland public limited company (the “Company”). The principal executive offices of the Company are located at Mespil Business Centre, Mespil House, Sussex Road, Dublin 4, D04 T4A6 Ireland. This Amendment No. 1 amends and supplements the statement on Schedule 13D filed with the SEC on June 4, 2024 related to Ordinary Shares acquired by the Reporting Person as of December 31, 2023; with respect to the Ordinary Shares of the Company, as provided herein. Item 2. Identity and Background This Report is being filed pursuant to Rule 13d-1 under the Securities Exchange Act of 1934, as amended, by Doron Afik (the “Reporting Person”). The Reporting Person’s principal occupation is attorney, and the Reporting Person, through Afik & Co. Attorneys & Notary, provides certain legal services to the Company from time to time. The During the past five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). During the past five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction where as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws. The Reporting person is a citizen of Israel. Item 3. Source and Amount of Funds or Other Consideration Pursuant to a Conversion and Exchange Rights Agreement dated April 17, 2024 (the “Agreement”), on Apri

above

Item 3 above. The Reporting Person acquired the securities described in this Schedule 13D for investment purposes and intends to review such investment in the Company on a continuing basis. Any actions the Reporting Person might undertake may be made at any time and from time to time without prior notice and will be dependent upon the Reporting Person’s review of numerous factors, including, but not limited to: an ongoing evaluation of the Company’s business, financial condition, operations and prospects; price levels of the Ordinary Shares; general market, industry and economic conditions; the relative attractiveness of alternative business and investment opportunities; and other future developments. then held, in the open market or in privately negotiated transactions, including as payment for additional services rendered to the Company from time to time. In addition, subject to the provisions of the foregoing, through his role as counsel to the Company or otherwise, the Reporting Person may engage in discussions with management, the Company’s board of directors, and stockholders of the Company and other relevant parties or encourage, cause or seek to cause the Company or such persons to consider or explore extraordinary corporate transactions, such as: a merger, reorganization or take-private transaction that could result in the de-listing or de-registration of the Ordinary Shares; sales or acquisitions of assets or businesses; changes to the capitalization or dividend policy of the Company; or other material changes to the Company’s business or corporate structure, including changes in management or the composition of the Company’s board of directors. Other than as described above, the Reporting Person does not currently have any plans or proposals that relate to, or would resul

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: June 4, 2024 /s/ Doron Afik Name: Doron Afik

View Full Filing

View this SC 13D/A filing on SEC EDGAR