Business Context and Reporting Period
This Form 6-K filing by SMX (Security Matters) Public Limited Company is dated February 12, 2026. The report announces the effective date of a reverse stock split and the commencement of trading on the Nasdaq Capital Market under the symbol "SMX" on a post-split basis starting February 17, 2026.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate actions regarding share structure and does not contain financial performance data.
Material Changes
- Reverse Stock Split: The Board of Directors implemented a 4.8828125:1 reverse stock split. Every 4.8828125 ordinary shares are consolidated into one ordinary share.
- Share Count Reduction: The number of outstanding shares is reduced from approximately 10 million to 2 million.
- Par Value Adjustment: The nominal value per share increased from $0.00000000002502543568 to $0.00000000012219451015625.
- Trading Details: New CUSIP number is G8267K 406 and the new ISIN code is IE000B5COQZ5.
- Fractional Shares: No fractional shares will be issued. Aggregated fractional entitlements will be sold at prevailing market prices.
- Adjustments: All outstanding options, warrants, and convertible securities (including SMXWW) will be proportionately adjusted.
Guidance, Outlook, and Risks
The filing does not provide financial guidance, management commentary on future performance, or specific risk factors beyond the mechanics of the stock split. The primary contingency noted is the handling of fractional shares through aggregation and sale.
Investor Verification Checklist
- Verify the new CUSIP (G8267K 406) and ISIN (IE000B5COQZ5) in brokerage accounts.
- Confirm the adjusted number of shares held post-split (pre-split shares divided by 4.8828125).
- Check for any cash proceeds from the sale of aggregated fractional shares.
- Review the adjustment terms for any held options or warrants (SMXWW).
- Confirm trading commencement on the Nasdaq Capital Market on February 17, 2026.