NetworkNewsBreaks – SMX (Security Matters) PLC (NASDAQ: SMX) Submits SEC Filing Noting Completion of Securities Purchase Agreement
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 completed a previously announced Securities Purchase Agreement. The company filed notification with the U.S. Securities and Exchange Commission that it has issued and sold to an institutional investor a promissory note with a fixed conversion price of $1.6378 along with warrants, resulting in gross proceeds for the company of an estimated $2.5 million, before standard deductions, fees and expenses. According to the filing, SMX anticipates using the funds from the…







