SMX (Security Matters) Public Limited Company filed a Form 6-K on November 4, 2026, disclosing that its ordinary shares will begin trading on a post-reverse stock split basis on the Nasdaq Capital Market under the symbol "SMX" upon the opening of business on November 9, 2026.

Key Highlights

  • Split ratio: The Board of Directors fixed the ratio at 2.8:1, combining every 2.8 ordinary shares into one ordinary share.
  • Share count reduced: Outstanding shares will decrease from approximately 2.5 million to 897,717.
  • New par value: Each post-split ordinary share will carry a nominal value of $0.0000000156408973 per share, up from $0.00000000558603475 per share.
  • New CUSIP and ISIN: The Company's ordinary shares will carry new CUSIP number G8267K505 and new ISIN code IE000YMEYEO8.
  • Warrants unaffected by CUSIP change: Company warrants listed on the Nasdaq Capital Market under symbol SMXWW will retain their existing CUSIP number, but will be proportionately adjusted in accordance with their respective terms.
  • No fractional shares: Fractional entitlements will be aggregated and, to the extent possible, sold at prevailing market prices.
  • Shareholder approval not required: Shareholders approved an amendment on May 2, 2025 allowing the Board to consolidate shares without further shareholder vote.

SMX Board-Directed Reverse Split Takes Effect November 9, 2026

According to the filing, SMX (Security Matters) Public Limited Company, listed on NASDAQ:SMX, announced that its ordinary shares will begin trading on a post-reverse stock split basis on the Nasdaq Capital Market upon the opening of business on November 9, 2026. The Board of Directors set the consolidation ratio at 2.8:1, meaning every 2.8 existing ordinary shares are automatically combined into one new ordinary share. The filing states that all outstanding ordinary shares are affected by the split.

The company disclosed that the reverse stock split will reduce the total number of outstanding ordinary shares from approximately 2.5 million to 897,717. The nominal value per share adjusts from $0.00000000558603475 to $0.0000000156408973 per share. No fractional shares will be issued; instead, the company disclosed it will aggregate fractional entitlements and, to the extent possible, sell them at prevailing market prices at the time.

The filing further noted that all outstanding options, warrants, and other applicable convertible securities will be proportionately adjusted in accordance with their respective terms. The company also amended its Public Limited Company Constitution, specifically the Memorandum of Association, to reflect the par value adjustment. The amended constitution is attached as Exhibit 1.1, and a press release dated November 4, 2026, titled "SMX Announces Effective Date of Reverse Stock Split," is attached as Exhibit 99.1. The report was signed by Chief Executive Officer Haggai Alon.

What Was Disclosed

SMX (Security Matters) Public Limited Company reported the terms and effective date of a 2.8:1 reverse stock split, reducing outstanding ordinary shares to 897,717, with post-split trading on the Nasdaq Capital Market beginning November 9, 2026 under the existing symbol "SMX."