SMX Ltd. and Ybyrá Capital Inch Closer to Finalizing Transformative Partnership
SMX (NASDAQ:SMX) has provided an update on its proposed business combination with Ybyrá Capital S.A. through a 6-K filing on January 23, 2025. The update follows the December 2024 Heads of Agreement between the companies and outlines progress toward finalizing a transformative partnership.
An independent third-party analysis is currently evaluating Ybyrá's assets, valued at over $1 billion. The partnership aims to combine SMX's molecular marking technology with Ybyrá's infrastructure, including port operations and fertilizer holdings, to enhance sustainability and traceability in Brazil's commodity exports.
The deal completion remains subject to regulatory and shareholder approvals, with signatures expected during the first half of 2025. The partnership focuses on creating new revenue streams in Brazilian commodities, including soybeans, coffee, and beef exports.
SMX (NASDAQ:SMX) ha fornito un aggiornamento sulla sua proposta di integrazione aziendale con Ybyrá Capital S.A. attraverso un deposito 6-K il 23 gennaio 2025. L'aggiornamento segue il Heads of Agreement di dicembre 2024 tra le aziende e delinea i progressi verso la finalizzazione di una partnership trasformativa.
Un'analisi indipendente di terze parti sta attualmente valutando gli asset di Ybyrá, valutati oltre 1 miliardo di dollari. La partnership mira a combinare la tecnologia di marcatura molecolare di SMX con l'infrastruttura di Ybyrá, comprese le operazioni portuali e le partecipazioni nei fertilizzanti, per migliorare la sostenibilità e la tracciabilità nelle esportazioni di materie prime del Brasile.
Il completamento dell'accordo rimane soggetto all'approvazione normativa e degli azionisti, con le firme previste durante la prima metà del 2025. La partnership si concentra sulla creazione di nuove fonti di reddito nelle materie prime brasiliane, tra cui soia, caffè e carne bovina.
SMX (NASDAQ:SMX) ha proporcionado una actualización sobre su propuesta de combinación empresarial con Ybyrá Capital S.A. a través de un expediente 6-K el 23 de enero de 2025. La actualización sigue al Heads of Agreement de diciembre de 2024 entre las empresas y describe los avances hacia la finalización de una asociación transformadora.
Un análisis independiente de terceros está evaluando actualmente los activos de Ybyrá, valorados en más de 1.000 millones de dólares. La asociación tiene como objetivo combinar la tecnología de marcaje molecular de SMX con la infraestructura de Ybyrá, incluidas las operaciones portuarias y las tenencias de fertilizantes, para mejorar la sostenibilidad y la trazabilidad en las exportaciones de productos básicos de Brasil.
La finalización del acuerdo sigue sujeta a la aprobación regulatoria y de los accionistas, con firmas esperadas durante la primera mitad de 2025. La asociación se centra en crear nuevas fuentes de ingresos en las materias primas brasileñas, incluidos soja, café y exportaciones de carne de res.
SMX (NASDAQ:SMX)는 2025년 1월 23일 6-K 양식을 통해 Ybyrá Capital S.A.와의 제안된 사업 결합에 대한 업데이트를 제공했습니다. 이번 업데이트는 2024년 12월 두 회사 간의 합의서 체결 이후 진행된 사항을 설명하며, 변화적인 파트너십을 최종화하는 방향으로의 진전을 보여줍니다.
현재 독립적인 제3자 분석이 Ybyrá의 자산을 10억 달러 이상으로 평가하고 있습니다. 이 파트너십은 SMX의 분자 마킹 기술과 Ybyrá의 인프라, 항만 운영 및 비료 보유를 결합하여 브라질의 원자재 수출에서 지속 가능성과 추적 가능성을 향상시키는 것을 목표로 하고 있습니다.
거래 완료는 규제 및 주주 승인에 따라 달라지며, 서명은 2025년 상반기에 예상됩니다. 이 파트너십은 대두, 커피 및 소고기 수출을 포함하여 브라질 원자재에서 새로운 수익원을 창출하는 데 중점을 두고 있습니다.
SMX (NASDAQ:SMX) a fourni une mise à jour concernant sa proposition de combinaison d'entreprises avec Ybyrá Capital S.A. via un dépôt 6-K le 23 janvier 2025. Cette mise à jour fait suite au Heads of Agreement de décembre 2024 entre les entreprises et décrit les progrès réalisés vers la finalisation d'un partenariat transformateur.
Une analyse indépendante de tierce partie évalue actuellement les actifs de Ybyrá, dont la valeur est estimée à plus de 1 milliard de dollars. Le partenariat vise à combiner la technologie de marquage moléculaire de SMX avec l'infrastructure de Ybyrá, y compris les opérations portuaires et les avoirs en engrais, pour améliorer la durabilité et la traçabilité des exportations de matières premières du Brésil.
La finalisation de l'accord reste soumise à des approbations réglementaires et des actionnaires, les signatures étant attendues au cours de la première moitié de 2025. Le partenariat se concentre sur la création de nouvelles sources de revenus dans les matières premières brésiliennes, y compris les exportations de soja, de café et de viande bovine.
SMX (NASDAQ:SMX) hat am 23. Januar 2025 ein Update zu seiner vorgeschlagenen Unternehmensvereinigung mit Ybyrá Capital S.A. über eine 6-K-Einreichung bereitgestellt. Das Update folgt dem Heads of Agreement zwischen den Unternehmen im Dezember 2024 und beschreibt die Fortschritte zur Finalisierung einer transformierenden Partnerschaft.
Eine unabhängige Drittanalyse bewertet derzeit die Vermögenswerte von Ybyrá, die auf über 1 Milliarde Dollar geschätzt werden. Die Partnerschaft zielt darauf ab, die molekulare Markierungstechnologie von SMX mit der Infrastruktur von Ybyrá, einschließlich Hafenbetrieben und Düngerbeständen, zu kombinieren, um die Nachhaltigkeit und Rückverfolgbarkeit der Rohstoffexporte Brasiliens zu verbessern.
Der Abschluss des Deals steht weiterhin unter dem Vorbehalt regulatorischer und Aktionärgenehmigungen, mit Unterschriften, die in der ersten Hälfte von 2025 erwartet werden. Die Partnerschaft konzentriert sich darauf, neue Einnahmequellen im brasilianischen Rohstoffmarkt zu schaffen, einschließlich Soja, Kaffee und Rindfleischexporten.
- Partnership with Ybyrá Capital provides access to assets valued over $1 billion
- Expansion into Brazilian commodity markets creates new revenue opportunities
- Integration with Ybyrá's existing infrastructure enhances market penetration
- Deal completion remains uncertain pending regulatory and shareholder approvals
- Current agreement is non-binding
Insights
The proposed business combination between SMX and Ybyrá Capital represents a potentially transformative deal that warrants careful investor attention. The strategic rationale is compelling - combining SMX's molecular marking technology with Ybyrá's substantial infrastructure assets (valued at over
Several key aspects make this deal particularly noteworthy:
- The integration with Ybyrá's port operations and fertilizer holdings could provide SMX with immediate scale and infrastructure in Brazil's massive commodity export market
- The deal structure suggests a reverse merger scenario, which could significantly enhance SMX's balance sheet and market presence
- The focus on Brazil's commodity exports (soybeans, coffee, beef) opens up substantial revenue opportunities, as these sectors increasingly require advanced traceability solutions
However, investors should consider several critical factors:
- The non-binding nature of the current agreement means there's still execution risk
- Cross-border transactions typically face complex regulatory hurdles, particularly in Brazil
- Integration challenges could be significant given the different operational scales and geographic locations
The planned completion in H1 2025 provides a reasonable timeline for due diligence and regulatory approvals. The engagement of independent third-party validation for Ybyrá's assets adds credibility to the valuation process and suggests a methodical approach to deal structuring.
This potential merger represents a strategic pivot into one of the world's most significant commodity markets. Brazil's position as a global leader in agricultural exports creates an immediate addressable market for SMX's technology. The country exported over
The strategic value proposition is multifaceted:
- Ybyrá's established infrastructure provides immediate market access and operational capabilities
- Brazil's growing emphasis on sustainable trade aligns with SMX's technology focus
- The combined entity could become a dominant player in commodity traceability solutions
The timing is particularly advantageous given Brazil's push toward digitalization in agriculture and increasing global demands for supply chain transparency. However, success will depend on navigating Brazil's complex regulatory environment and effectively integrating operations across cultural and geographic boundaries.
MIAMI, FL / ACCESS Newswire / January 27, 2025 / SMX Ltd. (NASDAQ:SMX), a pioneer in digitizing physical objects for a circular economy, provides an update on its proposed business combination with Ybyrá Capital S.A. In a 6-K filing on January 23, 2025, SMX reaffirms the progress made since the December 2024 Heads of Agreement between SMX and Ybyrá, a prominent player in South America's commodities and real estate sectors. This update highlights progress toward finalizing a transformative deal that could significantly expand SMX's footprint in emerging markets.
SMX Logo
The non-binding Heads of Agreement outlines the roadmap for due diligence, regulatory compliance, and shareholder approvals. SMX emphasized its commitment to ensuring transparency throughout the process, working closely with Ybyrá to align the transaction with U.S., Brazilian, and Nasdaq regulatory standards. An independent third-party analysis is underway to validate Ybyrá's assets, which exceed
The planned partnership intends to maximize and leverage company strengths , including combining SMX's ability to integrate its groundbreaking molecular marking technology with Ybyrá's extensive infrastructure, including port operations and fertilizer holdings, to address global challenges in sustainability and traceability. By doing so, the collaboration intends to unlock new revenue streams, particularly in Brazil's commodity exports, which include soybeans, coffee, beef, and more.
While the timeline for deal completion remains subject to regulatory and shareholder approvals, the 6-K filing signals significant progress. SMX notes that both companies remain committed to turning this agreement into a milestone for sustainable trade and supply chain accountability. A final agreement, including provisions discussed among the negotiating parties, has the potential to set new standards for value creation and operational excellence in global trade, positioning both companies-and Brazil-for a stronger, more sustainable future.
While no assurances can be made as to the actual closing date of the transaction, assuming that both companies satisfy all customary and specific closing conditions, signatures from authorized company designees are expected to occur during the first half of 2025. A copy of the 6-K, in its entirety, can be read by clicking here.
About SMX (Security Matters) Public Limited Company
As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.
Forward-Looking Statements
The information in this press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "will," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company's fight against abusive and possibly illegal trading tactics against the Company's stock; successful launch and implementation of SMX's joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in SMX's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX's ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX's ability to successfully and efficiently integrate future expansion plans and opportunities; SMX's ability to grow its business in a cost-effective manner; SMX's product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX's business model; developments and projections relating to SMX's competitors and industry; and SMX's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company's shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX's business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX's filings from time to time with the Securities and Exchange Commission.
Additional Disclaimers and Disclosures: This is sponsored content. Hawk Point Media Group, LLC. (HPM) has been compensated, or expects to be, to produce and distribute digital content for SMX Ltd. It should be expressly understood that HPM is not operated by a licensed broker, a dealer, or a registered investment adviser. It should also be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. HPM reports/releases are commercial advertisements and are for general information purposes ONLY. The information made available by HPM is not intended to be, nor does it constitute, investment advice or recommendations. The contributors do NOT buy and sell securities covered before or after any particular article, report and/or publication. HPM holds ZERO shares and has never owned stock in SMX Ltd.. While HPM does not own or market shares, it is prudent to expect that those hiring HPM including that company's owners, employees, and affiliates, may sell some or even all of the SMX Ltd. shares that they own, if any, during and/or after this engagement period. Always do your own due diligence prior to investing in any publicly traded company. For a full disclaimer and disclosure statement, click HERE.
Media contact for this article:
ken@hawkpointmedia.com
Contact Information
Ken Ellis
ken@hawkpointmedia.com
SOURCE: SMX (Security Matters)
View the original press release on ACCESS Newswire
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