SMX Amends Equity Deal to Add $5M Convertible Note and Remove Crypto Purchase Requirement

Reuters12-10
SMX Amends Equity Deal to Add $5M Convertible Note and Remove Crypto Purchase Requirement

SMX (Security Matters) plc announced an amendment to its equity purchase agreement, increasing the convertible note component by $5 million for total proceeds of up to $116.5 million. The amendment also removes the company's obligation to acquire cryptocurrency with part of the proceeds, provided its shares remain above $10. The issuance and sale of the new convertible note are expected to close before the end of 2025.

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: 1116158) on December 09, 2025, and is solely responsible for the information contained therein.
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