Welcome to our dedicated page for SMX (Security Matters) Public Company news (Ticker: SMX), a resource for investors and traders seeking the latest updates and insights on SMX (Security Matters) Public Company stock.
SMX (Security Matters) PLC (NASDAQ: SMX; SMXWW) is a leading publicly traded company specializing in the digitization of physical objects to ensure supply chain integrity and provide quality assurance and brand accountability across various industries. Utilizing a pioneering technology that includes a marker, reader, and algorithm, SMX can embed sub-molecular particles into materials. This allows for the tracking and tracing of components throughout the production process, ensuring transparency and reliability from origin to end product.
SMX's technology is at the forefront of helping businesses transition to more sustainable practices, with a particular focus on low-carbon economies. The company offers solutions that span a wide range of sectors, including fashion, automotive, precious metals, and more. By adding unique markers to raw materials, SMX's system can verify the authenticity and traceability of products, significantly reducing issues related to counterfeiting and ensuring compliance with environmental and sustainability goals.
Recent projects highlight SMX's groundbreaking work:
- In January 2024, SMX received a delinquency notification from NASDAQ, which the company is actively addressing to regain compliance within the specified period.
- In February 2024, SMX announced its participation at the Première Vision event in Paris, emphasizing their commitment to sustainable transformation in the fashion industry by providing technology that verifies the origin and recycled content of materials.
- SMX secured a partnership with NAFRA and BSEF to implement a chemical-based 'barcode' system to track and trace plastics, aiding recycling efforts and supporting environmental sustainability.
- The completion of a project marking 21 tons of natural rubber from tree to tire, demonstrating full traceability and authenticity, showcases SMX’s capabilities in the automotive supply chain.
- SMX has also marked 2.2 tons of silver within SMI's operations, ensuring authenticity and traceability for precious metals used in minting and bullion.
SMX's technology not only supports industrial efficiency but also aligns with globally recognized ESG standards, offering a unique, non-destructive method to verify material composition and history. The company's ongoing partnerships and strategic initiatives reflect its dedication to innovation, sustainability, and market leadership.
SMX received a delinquency notification from Nasdaq on December 11, 2024, due to non-compliance with listing requirements. The company's ordinary shares traded below $1.00 for 30 consecutive business days from October 8 to December 9, 2024. Unlike standard cases where companies get 180 days to comply, SMX is ineligible for this grace period due to multiple reverse stock splits over the past two years with a cumulative ratio exceeding 250:1. To prevent trading suspension, SMX plans to request a hearing before a Hearings Panel, which will temporarily maintain the listing of both ordinary shares and public warrants on Nasdaq Capital Market until a final decision is reached.
SMX and Ybyra Capital announced a merger deal combining SMX's molecular marking technology with Ybyra's $1 billion infrastructure and commodities portfolio in Brazil. The merger aims to revolutionize supply chain accountability and traceability in Brazil's vast commodity markets.
The combined entity will leverage SMX's technology to track commodities from source through global supply chains, addressing important markets including soybeans ($47.2B), raw sugar ($11.5B), bovine meat ($11B), and coffee ($8.86B). Ybyra contributes with fertilizer holdings, port operations, and real estate assets across Brazil.
The deal positions the combined company to meet growing global demands for sustainable and traceable commodities, particularly under new EU regulations. The merged entity's asset base is valued at over $600 million, while SMX currently trades at a market cap of $4.16 million.
SMX and Ybyra Capital have signed a non-binding Heads of Agreement for a potential merger, aiming to combine SMX's digital traceability technologies with Ybyra's asset base in South America. The merger, targeting completion in first half 2025, involves Ybyra contributing fertilizer holdings and real estate assets to a new Irish company owned by SMX, with Ybyra shareholders receiving SMX shares in exchange.
The combined entity aims to integrate SMX's marking, tracking, and certification capabilities with Ybyra's logistics and commodity infrastructure, focusing on products like coffee, tea, metals, palm oil, and natural rubber. The merger seeks to capitalize on South America-Asia trade opportunities, enhancing supply chain transparency and accountability.
The agreement requires further due diligence, regulatory and shareholder approvals, and definitive merger documents, with no assurance of completion.
TrueGold, a subsidiary of SMX (NASDAQ:SMX), has introduced a revolutionary molecular-marking technology for the gold industry that creates a fully traceable supply chain from mining to recycling. The technology, accredited as a Gold Bar Security Feature by the London Bullion Market Association (LBMA), enables gold to be marked at the molecular level and traced both tangibly and digitally. Through partnerships with Ava Global for secure logistics and Fingo for digital verification, the system can verify gold's origin, quantify recycled content percentage, and maintain blockchain-recorded traceability throughout the production chain, applicable to both bullion and luxury goods.
SMX and Sthaler (FinGo ID) have announced a collaboration mandate to develop a centralized reporting platform for the artisanal and small-scale mining (ASM) sector. The partnership aims to combine SMX's physical material tracking technology with FinGo's biometric Human Identity-as-a-Service platform to ensure transparency and ethical sourcing in the gold supply chain.
The initiative focuses on addressing key challenges including ethical sourcing of precious metals, child labor prevention, chemical use monitoring, and location identification of mining operations. The platform is expected to offer enhanced transparency, improved governance, real-time digital auditing, secure payment systems, and end-to-end traceability. This collaboration operates on a three-month review cycle and aims to transition from manual to digital reporting systems.
Los Angeles County's lawsuit against major brands like Coca-Cola and PepsiCo over plastic pollution highlights the contrast between punitive measures and technological solutions. The PR argues that instead of fines and penalties, SMX's technology offers a better approach through digital traceability solutions and the Plastic Cycle Token (PCT). SMX's system creates digital twins of materials, enabling tracking from source to recycling, while providing a blockchain-based market mechanism that incentivizes sustainable practices. The PR suggests that regulatory bodies should focus on partnering with companies and fostering technological innovation rather than imposing punitive measures.
SMX is revolutionizing sustainability tracking with digital technology that enables companies to embed proprietary markers into materials, ensuring product traceability from origin to end use. This innovation comes as California's Responsible Textile Recovery Act and EU regulations demand greater accountability in waste management and recycling processes by 2025.
The company's technology addresses key challenges in textile recovery, packaging sustainability, and plastic recycling through its Plastic Cycle Token (PCT), which creates a verifiable trading system for recycled materials. SMX's solutions enable transparent tracking across industries, from fashion to agriculture, helping companies meet stringent sustainability requirements and avoid penalties.
SMX (NASDAQ:SMX) offers a revolutionary solution to the first-mile challenge in global supply chain commodities. As the EU implements stricter sustainability regulations by 2025, SMX's technology enables companies to trace products back to their origins, ensuring compliance and transparency. The company's invisible chemical marker, embedded at the molecular level, can track materials from source to shelf without affecting quality.
SMX's technology integrates with blockchain, creating a digital twin for each marked product, providing irrefutable proof of sustainable sourcing. This solution is particularly important for industries like cocoa, where traceability remains a challenge. By solving the first-mile issue, SMX is future-proofing global supply chains and supporting the transition to a more sustainable, transparent economy.
SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW) announces a collaboration mandate with Sthaler , which markets FinGo, to develop a centralized reporting platform for authenticating and ensuring transparency in supply chains for Natural Rubber, Commodities, Food, and Mining industries. This platform aims to address ESG compliance and reporting requirements, including ethical sourcing, child labor prevention, and EU Deforestation Regulation (EUDR) compliance.
SMX's technology enables marking and tracking of physical materials, while FinGo's Human Identity-as-a-Service (HIDaaS) platform verifies individuals involved in the supply chain. The collaboration is expected to offer enhanced transparency, improved ESG reporting, real-time digital auditing, secure payment systems, and end-to-end traceability. This initiative marks a shift from manual to digital reporting, potentially reducing compliance costs and reputational risks while enhancing productivity across supply chain operations.
SMX (Security Matters) (NASDAQ:SMX) offers a cutting-edge solution to sustainable manufacturing and packaging challenges. The company's technology enables sustainable manufacturing and packaging, addressing global plastic pollution and climate change concerns. SMX's Plastics Cycle Token represents a quantifiable amount of recycled plastic, ensuring measurable contributions to sustainability.
Unlike carbon credits, which have faced criticism for ineffectiveness, SMX's token guarantees actual, quantifiable reduction in plastic waste. The technology also brings traceability and accountability to industries such as automotive, gold, pharmaceuticals, and electronic waste management. SMX's approach combines physical material marking with digital tracking, providing a reliable method for ensuring transparency throughout supply chains.
As businesses shift away from carbon credits, SMX's technology offers a verifiable method for reducing environmental footprint. The company's shares have risen 21% since the start of the month, reflecting growing investor interest in its value proposition.
FAQ
What is the current stock price of SMX (Security Matters) Public Company (SMX)?
What is the market cap of SMX (Security Matters) Public Company (SMX)?
What does SMX (Security Matters) PLC specialize in?
How does SMX's technology work?
What industries does SMX serve?
What recent achievements has SMX accomplished?
What is SMX's role in the circular economy?
What partnerships has SMX entered into recently?
How does SMX support sustainability?
What are the key benefits of SMX's technology?
How is SMX addressing its NASDAQ compliance issue?