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SMX Regains Nasdaq Compliance: Key Insights from 6-K Report

$SMX
Form 6-K
Filed on: 2025-02-14
Source
SMX Regains Nasdaq Compliance: Key Insights from 6-K Report

Here are the key insights and information extracted from the provided financial report (Form 6-K) of SMX (Security Matters) Public Limited Company:

  1. Company Overview:
  • Name: SMX (Security Matters) Public Limited Company
  • Location: Mespil Business Centre, Mespil House, Sussex Road, Dublin 4, Ireland
  • Contact: Tel: +353-1-920-1000
  1. Filing Details:
  • Filing Type: 6-K (Report of Foreign Private Issuer)
  • Commission File Number: 001-41639
  • Report Date: February 14, 2025
  1. Compliance Status:
  • The Nasdaq Listing Panel has determined that the Company has regained compliance with:
    • Listing Rule 5550(a)(2) (Bid Price Rule)
    • Listing Rule 5620(a) (Annual Shareholder Meeting Rule)
  • As a result, the Company’s ordinary shares and public warrants (symbol: SMXWW) are no longer subject to delisting.
  1. Forward-Looking Statements:
  • The report contains forward-looking statements regarding the Company's future performance and compliance with listing standards.
  • Actual results may differ from projected outcomes due to various factors, and the Company does not assume an obligation to update these statements unless required by law.
  1. Signatory Information:
  • The report is signed by:
    • Name: Haggai Alon
    • Title: Chief Executive Officer

This summary highlights the most critical aspects of the report, including the company’s regained compliance with Nasdaq regulations, which is a significant update for investors and stakeholders.