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SMX (Security Matters) PLC provides a unique solution to address both authentication and track and trace challenges, ensuring the integrity of the supply chain and offering quality assurance and brand accountability to producers. The company's technology functions as a track and trace system using markers, readers, and algorithms to identify embedded sub-molecular particles for tracking various components through the production process or along a supply chain to the end producer.
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SMX (Security Matters) PLC announces the successful implementation of its marking technology to track and report the ethical sourcing of ores and ensure traceability of steel products. The technology was embedded in steel slabs, detected throughout the production process, and confirmed to maintain material properties. SMX's unique solution offers non-destructive tracing, authentication, and validation of marked steel, enabling complete traceability and authenticity.
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SMX (Security Matters) PLC appoints Ms. Ofira Bar as Chief Financial Officer to enhance core capabilities for commercial and financial success. The company aims to foster a circular and closed-loop economy through digitization of physical objects.
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SMX (Security Matters) PLC announces a partnership with NAFRA and BSEF to use its technology for tracking and tracing plastics in recycling plants. The project aims to improve efficiency and sustainability in plastics recycling.
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SMX (Security Matters) PLC successfully closed a public offering of 12,124,666 ordinary shares, generating approximately $2.9 million in gross proceeds. The offering included pre-funded warrants at $0.2378 per share to prevent exceeding 4.99% ownership. EF Hutton LLC managed the offering, with the SEC declaring the registration statement effective on February 15, 2024.
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SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW) announced a public offering of 12,125,000 ordinary shares at $0.24 per share, generating around $2.91 million in gross proceeds. The offering is managed by EF Hutton LLC, with legal counsel from Ruskin Moscou Faltischek, P.C. and Lucosky Brookman LLP. The registration statement was declared effective by the SEC on February 15, 2024.
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SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW) is attending the February 6-8, 2024 Première Vision event in Paris, France. The company aims to transform the fashion industry by providing technological solutions to enhance sustainability, combat counterfeiting, and verify recycled content. CEO Haggai Alon leads a team that offers turn-key solutions to authenticate products and track their distribution using a unique marker and blockchain technology. SMX's mission is to support the fashion industry's transition to circular business models, combat environmental impact, and provide solutions for brand protection and counterfeiting.
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SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW) received a delinquency notification letter from Nasdaq due to non-compliance with the bid price rule. The company is working to regain compliance within the 180-day period.
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SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW) has announced a $5 million contract with R&I Trading of New York to deploy cutting-edge technology for supply chain transparency in the FMCG sector, aiming to set new standards in brand protection, authentication, and ethical sourcing.
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SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW) appoints Jean-Philippe Bailly as Chief Operating Officer for the SMX Fashion Sustainability Competence Centre, showcasing the company's dedication to global expansion and expertise in the fashion sustainability sector.
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SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW) has announced the planned launch of a groundbreaking plastic cycle token, scheduled for release in Q2 2024. This initiative aims to capitalize on billions of dollars in recyclable plastics credits in a newly created market, addressing the limitations of the current carbon credit system and the EU's ongoing efforts to increase plastic recycling. SMX's technology enables physical traceability, supporting this Plastic Cycle Token model, and is expected to incentivize genuine plastic recycling.
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FAQ
What is the current stock price of SMX SEC MATTERS PLC (SMXWW)?
The current stock price of SMX SEC MATTERS PLC (SMXWW) is $0.02 as of March 3, 2025.
What does SMX (Security Matters) PLC specialize in?
SMX provides a solution to address both authentication and track and trace challenges, ensuring supply chain integrity and offering quality assurance to producers.
How does SMX's technology work?
SMX utilizes markers, readers, and algorithms to identify sub-molecular particles embedded in goods, allowing for tracking components through the production process or along a supply chain.
What is the significance of SMX's technology?
SMX's technology provides a means to track and trace goods, ensuring authenticity, quality assurance, and brand accountability for producers.
What problem does SMX aim to solve?
SMX addresses authentication and track and trace challenges in supply chains to enhance transparency, integrity, and accountability in production processes.
How does SMX benefit producers?
Producers using SMX's technology can uphold supply chain integrity, provide quality assurance, and maintain brand accountability in their operations.
SMX SEC MATTERS PLC