SMX Announces Effective Date of Reverse Stock Split
SMX (Security Matters) will effect a 2.8:1 reverse stock split, with shares trading on an adjusted basis beginning November 9, 2026 under the existing ticker SMX. Outstanding ordinary shares will fall from approximately 2.5 million to 897,717, and options, warrants (including Nasdaq-listed SMXWW), and convertibles will be proportionately adjusted.
Key figures
- Effective date
- 2026-11-09
- Reverse split ratio
- 2.8:1
- Shares outstanding after
- 897717
- Shares outstanding before
- approximately 2.5 million
AI analysis
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