SMX (Security Matters) Public Limited Company has announced that its ordinary shares are scheduled to begin trading on a split-adjusted basis on November 9, 2026. The shares will continue to trade under the existing Nasdaq ticker symbol “SMX”.
SMX’s Board of Directors set the reverse stock split ratio at 2.8:1. Under the arrangement, every 2.8 ordinary shares will be combined into one ordinary share.
The company said the number of outstanding ordinary shares is expected to change from approximately 2.5 million to 897,717. The new ordinary shares will have a nominal value of $0.0000000156408973 per share, compared with $0.00000000558603475 per share before the split.
Following the split, SMX’s ordinary shares will carry the CUSIP number G8267K505 and the ISIN code IE000YMEYEO8.
Outstanding options, warrants and other applicable convertible securities will be adjusted proportionately in line with their respective terms. SMX’s warrants listed on the Nasdaq Capital Market under the symbol SMXWW will retain their existing CUSIP number.
SMX will not issue fractional shares in connection with the reverse stock split. Where shareholders receive fractional entitlements, the company plans to combine those interests and, where possible, sell the resulting fractional ordinary shares at prevailing market prices at that time.
Continental Stock Transfer & Trust Company is serving as the exchange agent. Shareholders of record who hold paper stock certificates will receive instructions about exchanging them. Questions can be directed to Continental Stock Transfer at (212) 509-4000.
Holders whose shares are recorded electronically or through a bank, broker or other nominee do not need to take action. The adjustment is expected to appear in their accounts on or after November 10, 2026. Beneficial holders may contact their bank, broker or nominee for further information.
SMX said a new shareholder vote was not required. Shareholders had approved a proposal on May 2, 2025, permitting the Board of Directors to consolidate or divide the company’s share classes.
SMX describes its business as providing marking, tracking, measuring and digital platform technology to companies across the value chain. The company says its activities address carbon neutrality and governmental and regional regulations and standards, with the stated aim of supporting a transition to a low-carbon economy.
SMX said its forward-looking statements involve judgments, risks and uncertainties. The risks identified by the company include maintaining its Nasdaq listing, executing its business plans, developing and commercialising its products or services, and achieving or sustaining profitability.
Other risks cited by SMX include the possible need to raise additional capital, competitive and economic conditions, regulatory changes, reliance on third-party suppliers and manufacturers, intellectual property protection, and the effects of the COVID-19 pandemic. The company also referred to risks and uncertainties described in its filings with the Securities and Exchange Commission.
SMX’s ordinary shares are scheduled to begin trading on an adjusted basis on November 9, 2026, under the ticker “SMX”.
The reverse stock split ratio is 2.8:1.
Outstanding ordinary shares are expected to change from approximately 2.5 million to 897,717.
The new ordinary-share identifiers are CUSIP G8267K505 and ISIN IE000YMEYEO8.
Fractional shares will not be issued, while options, warrants and other applicable convertible securities will be adjusted under their respective terms.
SMX announced that its ordinary shares will begin trading on an adjusted basis after a 2.8:1 reverse stock split. The adjusted trading is scheduled to begin on November 9, 2026 under the existing ticker symbol “SMX”.
SMX announced the effective date on November 4, 2026. The reverse stock split is scheduled to take effect for trading purposes on November 9, 2026.
SMX’s Board of Directors fixed the reverse stock split ratio at 2.8:1. Every 2.8 ordinary shares will be automatically combined into one ordinary share.
SMX said the reverse stock split will reduce the number of outstanding ordinary shares from approximately 2.5 million to 897,717. The source does not state that this represents a change in the company’s underlying business operations.
SMX said its outstanding options, warrants and other applicable convertible securities will be proportionately adjusted in accordance with their respective terms. The company’s warrants listed on the Nasdaq Capital Market under the symbol SMXWW will retain their existing CUSIP number.
SMX will not issue fractional shares. It will aggregate fractional entitlements and, to the extent possible, sell the aggregated fractional ordinary shares at prevailing market prices at that time.
Shareholders whose SMX shares are held in book-entry form or through a bank, broker or other nominee are not required to take any action. The effect of the reverse stock split should be reflected in their accounts on or after November 10, 2026; beneficial holders can contact their bank, broker or nominee for more information.
Continental Stock Transfer & Trust Company is acting as exchange agent and will send instructions to SMX shareholders of record who hold stock certificates. Continental Stock Transfer can be contacted with questions at (212) 509-4000.
SMX said shareholder approval was not required for the reverse stock split because shareholders had approved a proposal on May 2, 2025 allowing the Board of Directors to consolidate and/or divide the company’s share classes as it sees fit.
SMX’s ordinary shares trade on Nasdaq under the ticker symbol “SMX”. The company’s warrants trade on the Nasdaq Capital Market under the symbol SMXWW.
SMX said the new CUSIP number for its ordinary shares will be G8267K505 and the new ISIN code will be IE000YMEYEO8. The company’s warrants under the symbol SMXWW will retain their existing CUSIP number.
SMX provides marking, tracking, measuring and digital platform technology to businesses along the value chain. The company says its technology is intended to help businesses transition to a low-carbon economy while addressing carbon neutrality and governmental and regional regulations and standards.
SMX said forward-looking statements involve judgments, risks and uncertainties, including the company’s ability to maintain its Nasdaq listing, execute its business plan, develop and commercialise its products or services, and achieve or sustain profitability. It also identified risks involving the need for additional capital, competition, suppliers and manufacturers, intellectual property, regulation and other economic and business factors.