SMX (Security Matters) plc has amended and expanded its existing equity purchase facility, increasing its total potential funding capacity to approximately $116.5 million. The financing structure is designed to avoid common dilution pitfalls, with share issuances priced at a discount to the prevailing VWAP and not tied to punitive conversion formulas. Additionally, SMX added a $5 million convertible promissory note, allowing share conversion based on a negotiated VWAP rather than toxic reset provisions. These changes provide SMX with greater flexibility and control over capital access, enabling the company to support deployment milestones without distorting market behavior.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SMX (Security Matters) plc published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1121806) on December 29, 2025, and is solely responsible for the information contained therein.