Welcome to our dedicated page for SMX SEC MATTERS PLC news (Ticker: SMXWW), a resource for investors and traders seeking the latest updates and insights on SMX SEC MATTERS PLC stock.
SMX SEC MATTERS PLC (SMXWW) delivers molecular-based authentication systems that enhance global supply chain transparency. This news hub provides investors and industry professionals with essential updates about the company’s traceability innovations, strategic partnerships, and market developments.
Access timely reports on SMX’s technology deployments across critical sectors including metals manufacturing, natural rubber production, and ethical sourcing initiatives. Our curated collection features earnings announcements, patent milestones, and operational updates that demonstrate SMX’s role in advancing material science and digital verification standards.
Key content categories include product enhancement disclosures, cross-industry collaboration news, and quality assurance protocol developments. All materials are vetted for relevance to stakeholders monitoring authentication technologies and circular economy solutions.
Bookmark this page for streamlined access to SMX’s verified corporate communications. Regularly updated content ensures informed decision-making about this pioneer in molecular-level supply chain security.
SMX (Security Matters) plc (NASDAQ: SMX; SMXWW) announced on April 25, 2023, that it has instructed its Irish legal counsel, Arthur Cox LLP, to consider issuing a notice under regulation 23 of its articles of association. This notice will require shareholders to provide information regarding their beneficial ownership of shares beyond the disclosures mandated by Irish law for individuals owning 3% or more of the Company's shares.
The move is part of SMX's strategy as it navigates complex challenges in achieving carbon neutrality and adaptation to new regulatory standards. The Company is leveraging its technology platform to assist businesses in transitioning to a low-carbon economy. However, the press release contains forward-looking statements that highlight several risks, including regulatory changes, potential difficulties in maintaining its Nasdaq listing, and the need for additional capital to support business operations.
On April 24, 2023, SMX (Security Matters) plc (NASDAQ: SMX; SMXWW) announced that Mr. Joshua Skule, former FBI Executive Assistant Director, will join its ad hoc International Legal Prosecuting Task Force. His role will focus on investigating irregular trading patterns, including spoofing and potential illegal market manipulation of SMX shares. Skule will also liaise with international law enforcement agencies such as INTERPOL and Irish authorities to explore legal actions if warranted.
Skule's extensive background in intelligence and law enforcement is expected to enhance the Task Force's effectiveness. SMX aims to combat abusive trading tactics while focusing on providing technology solutions for a low-carbon economy, addressing regulatory challenges in the industry.
On April 17, 2023, SMX announced the release of its first analyst report from Frost & Sullivan since its NASDAQ debut. The report outlines three key investment opportunities: creating generic authentication formats, developing a new digital marketplace for various raw materials, and establishing industry standards for digital asset tracking. Frost & Sullivan provides a price target of $6.50 per share for SMX, which is based on recent M&A transactions. The report emphasizes SMX's blockchain technology that enhances supply chain visibility and recognizes the growing circular economy market, with a potential valuation of $20 billion by 2023, growing at a rate of 9.1%. SMX's approach spans multiple sectors, including agriculture and luxury goods, aimed at aiding businesses in transitioning to a low-carbon economy.
On April 10, 2023, SMX (NASDAQ: SMX; SMXWW) announced the formation of an International Legal Prosecuting Task Force to investigate potential market manipulation affecting its share price. The task force will analyze trading patterns and prosecute any parties involved. Comprised of legal experts from Arthur Cox (Ireland) and Afik Law (Israel), along with the Christian Levine Law Group and Warshaw Burstein, LLP, the team focuses on stock fraud cases. SMX aims to protect shareholder equity and may consider various actions based on the investigation's outcome, including legal proceedings and issuing a special dividend. The company reassured investors of its commitment to combat illegal trading activities and maintain shareholder value.
On April 5, 2023, SMX (NASDAQ: SMX, SMXWW) issued a shareholder advisory to address concerns about potential illegal short selling and recommend best practices for safeguarding investor shares. The company urges shareholders to maintain their SMX ordinary shares in a Type 1 Cash Account to prevent brokers from lending these shares for short selling, which could negatively impact share prices. SMX's senior management is also aligning with these practices. The advisory emphasizes the company's commitment to long-term shareholder value amid increasing challenges related to carbon neutrality and compliance with regulations.
On April 4, 2023, SMX (NASDAQ: SMX; SMXWW) announced the retention of John Tabacco from CEOBLOC to combat illegal naked short selling and abusive trading practices. SMX aims to utilize Mr. Tabacco's expertise as part of a broader strategy to address high-volume selling pressures affecting the company's stock values. These efforts are anticipated to enhance stock market representation for its retail shareholders. The company focuses on creating a circular economy and aiding businesses in transitioning to low-carbon operations. Forward-looking statements in the PR caution that actual results could differ significantly due to various risks.
SMX (Security Matters) PLC (NASDAQ: SMX; SMXWW) announced successful steel marking at a European facility for ethical sourcing and recycling. This technology survived all manufacturing processes, including melting and galvanization. SMX is engaging in commercial discussions with major US steel manufacturers, aiming to set a new industry standard. The technology contributes to a sustainable steel production process, reducing energy use and carbon emissions. SMX's innovations facilitate the transition from a linear to a circular economy while enabling traceability and recycling capabilities within the supply chain.
SMX (Security Matters) Public Limited Company (NASDAQ: SMX; SMXWW) has announced the appointment of seven leaders to its Advisory Board, enhancing its strategic direction following its recent Nasdaq listing on March 8, 2023. The new board members bring extensive experience from various sectors, including business, military, and security. This move aims to bolster SMX's mission of digitizing physical objects on the blockchain, facilitating participation in a sustainable circular economy. Notably, an Opening Bell Ceremony is set for March 14, 2023, to celebrate the company's market entry.
SMX, a pioneer in digitizing physical objects on blockchain, celebrated its IPO on Nasdaq, which took place on March 8, 2023. The company specializes in creating a sustainable circular economy through their B2B platforms that authenticate and trace materials across various industries. On March 14, 2023, SMX's CEO, Haggai Alon, along with Chairman Ophir Sternberg from Lionheart III Corp, rang the Nasdaq Opening Bell. The SMX technology, successfully utilized by the Israeli Government for over a decade, helps businesses track and recycle materials, further promoting environmental sustainability.
