Business Context and Reporting Period
This Form 6-K filing by SMX (Security Matters) Public Limited Company, dated December 15, 2025, serves as an update to previously filed financial statements. The filing addresses the fiscal year ended December 31, 2024, and the interim period ended June 30, 2025. The primary purpose is to restate historical financial data to reflect three reverse stock splits that became effective on August 7, 2025 (1:7), October 23, 2025 (1:10.89958), and November 18, 2025 (1:8).
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It references the existence of audited consolidated financial statements for the year ended December 31, 2024, and unaudited interim condensed consolidated financial statements for the six months ended June 30, 2025, which are attached as Exhibit 99.1. All figures within those exhibits have been adjusted for the reverse stock splits.
Material Changes
The material change disclosed in this filing is the retroactive adjustment of share counts and per-share metrics in prior financial reports due to the three reverse stock splits. No operational or financial performance changes are described in the cover text; the changes are strictly accounting adjustments to align with the new capital structure.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, specific risk factors, or details on contingencies. The document is limited to the administrative update of financial statement exhibits to reflect the stock splits.
Investor Verification Checklist
- Verify the adjusted share count and per-share metrics in Exhibit 99.1 against the original filings.
- Confirm the effective dates of the three reverse stock splits (August 7, October 23, and November 18, 2025).
- Review the full audited financial statements for the year ended December 31, 2024, and the unaudited statements for the six months ended June 30, 2025, to assess actual financial performance.
- Check for any subsequent filings that may provide updated operational guidance or risk disclosures not included in this restatement.