TechMediaBreaks – SMX (Security Matters) PLC (NASDAQ: SMX) Closes on $2.9M Public Offering

SMX (Security Matters) (NASDAQ: SMX), a company that integrates chemistry, physics and computer science to give materials memory and create a culture of transparency and trust across multiple industries, has closed on an underwritten public offering. The offering was comprised of 12,124,666 ordinary shares offered at $0.24 per share; the offering included prefunded warrants if the purchase of the shares would cause the beneficial ownership of a purchaser in the offering to exceed 4.99% of the ordinary shares. The value of the offering is an estimated $2.9 million before deducting standard underwriting discounts and offering expenses. EF Hutton LLC acted as the sole book running manager for the offering.

To view the full press release, visit https://ibn.fm/g5htI

About SMX (Security Matters) Public Limited Company

SMX offers players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy. As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, the company’s platform becomes increasingly attractive. For more information, visit the company website at www.SMX.tech.

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