Business Context and Reporting Period
This Form 6-K filing by SMX (Security Matters) Public Limited Company is dated November 14, 2025. 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 November 18, 2025.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate actions regarding share structure rather than financial performance.
Material Changes
- Reverse Stock Split: An 8:1 reverse stock split was executed, reducing outstanding shares from 8,404,581 to 1,050,572.
- Share Par Value: The nominal value per share increased from approximately $0.00000000000312817946 to $0.00000000002502543568.
- Trading Details: New CUSIP number is G8267K 307 and the new ISIN code is IE000UPDVNX9.
- Fractional Shares: No fractional shares were issued; fractional entitlements were aggregated and sold at prevailing market prices.
- Adjustments: All outstanding options, warrants, and convertible securities were proportionately adjusted.
Guidance, Outlook, and Risks
The filing does not contain management commentary on future financial guidance, outlook, or specific risk factors beyond the mechanics of the stock split. The action was authorized by shareholders on May 2, 2025, allowing the Board of Directors to consolidate shares without further shareholder approval.
Investor Verification Checklist
- Verify the new CUSIP (G8267K 307) and ISIN (IE000UPDVNX9) for trading purposes.
- Confirm the adjusted number of shares held post-split (1 share for every 8 previously held).
- Check the status of any outstanding warrants (symbol SMXWW) to ensure proportional adjustment.
- Review the Amended Constitution (Exhibit 1.1) for updated par value details.