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 the transactions related to $2.2 million private placement. The company filed required forms with the U.S. Securities and Exchange Commission (“SEC”) on April 11, 2024. The forms noted that SMX had completed transactions related to the purchase agreement including issuing and selling to an institutional investor a promissory note and warrants for gross proceeds of approximately $2.2 million, before deducting fees and other offering expenses payable by the company. SMX anticipates using the funds from the agreement to repay amounts owed by the company, as well as for working capital and general corporate purposes. EF Hutton served as the placement agent on the private placement.
To view more information, visit https://ibn.fm/IlQmt
About SMX (Security Matters) Public Limited Company
SMX offers players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy. As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, the company’s platform becomes increasingly attractive. For more information, visit the company website at www.SMX.tech.
About Web3MediaWire
Web3MediaWire (“W3MW”) is a specialized communications platform with a focus on the next generation of internet technologies. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, W3MW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, W3MW brings its clients unparalleled recognition and brand awareness. W3MW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from Web3MediaWire, text “Web3” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.Web3MediaWire.com
Please see full terms of use and disclaimers on the Web3MediaWire website applicable to all content provided by W3MW, wherever published or re-published: https://www.Web3MediaWire.com/Disclaimer
Web3MediaWire
Los Angeles, CA
www.Web3MediaWire.com
310.299.1717 Office
Editor@Web3MediaWire.com
Web3MediaWire is powered by IBN
