Business Context and Reporting Period
This Form 6-K filing by SMX (Security Matters) Public Limited Company covers the month of February 2025, with a specific announcement date of February 14, 2025. The Company is a foreign private issuer headquartered in Dublin, Ireland, with securities listed on the Nasdaq Capital Market.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a regulatory compliance announcement and does not contain financial statements or operational metrics.
Material Changes
The primary material change reported is the resolution of prior listing deficiencies. The Nasdaq Listing Panel determined that the Company has regained compliance with:
- Listing Rule 5550(a)(2) (the "Bid Price Rule").
- Listing Rule 5620(a) (the "Annual Shareholder Meeting Rule").
Consequently, the Panel considers these matters moot, and the Company's ordinary shares and public warrants (Nasdaq: SMXWW) are no longer subject to delisting.
Guidance, Outlook, and Risks
The filing contains forward-looking statements regarding the Company's future ability to maintain its listing on the Nasdaq Capital Market. Management notes that actual results could differ from projections due to numerous factors. The Company assumes no obligation to update these statements except as required by law. No specific financial guidance or operational outlook is provided in this document.
Investor Verification Checklist
- Verify the current trading status of SMX ordinary shares and public warrants (SMXWW) on Nasdaq to confirm the delisting threat has been lifted.
- Review the Company's most recent Form 20-F or quarterly reports for actual financial performance data, as this filing contains none.
- Monitor future compliance with Nasdaq Listing Rules to ensure the regained status is maintained.
- Consult the risk factors disclosed in the Company's other SEC filings regarding the uncertainty of maintaining the listing in the future.