SMX Announces Effective Date of Reverse Stock Split

About this update from Smx (security Matters) Public Limited Company

[{"type":"text","content":"NEW YORK, NY / ACCESS Newswire / February 12, 2026 / SMX (Security Matters) Public Limited Company (NASDAQ:SMX)(NASDAQ:SMXWW) (the "Company"), today announced that the reverse stock split of the Company's ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on February 17, 2026 under the existing ticker symbol "SMX". The new CUSIP number of the Company's ordinary shares will be G8267K406 and the new ISIN code will be IE000B5COQZ5.","length":506,"tagName":"p"},{"type":"text","content":"On May 2, 2025, the Company's Shareholders approved a proposal to amend the Company's constitution to allow the Company's Board of Director's to consolidate and/or divide all or any of the Company's classes of shares as the Board of Directors sees fit. As such, Shareholder approval was not required to effect the reverse stock split.","length":354,"tagName":"p"},{"type":"text","content":"The Company's Board of Directors' fixed the split ratio at 4.8828125:1, every 4.8828125 ordinary shares of the Company with a nominal value of $0.00000000002502543568 per share will be automatically combined into one (1) ordinary share with a nominal value of $0.00000000012219451015625 per share. This will reduce the number of outstanding ordinary shares of the Company from approximately 10 million to approximately 2 million.","length":437,"tagName":"p"},{"type":"text","content":"Outstanding Company options, warrants and other applicable convertible securities, including the Company's warrants listed on the Nasdaq Capital Market under the symbol SMXWW which will retain its existing CUSIP number, will be proportionately adjusted in accordance with their respective terms. No fractional shares will be issued in connection with the reverse stock split. Instead, the Company will aggregate the fractional entitlements of shareholders who otherwise would be entitled to receive fractional shares because they hold a number of ordinary shares not evenly divisible by 4.8828125 ordinary shares pursuant to the reverse stock split or they hold less than the number of ordinary shares which should be consolidated into one ordinary share pursuant to the reverse stock split and, to the extent possible, sell such aggregated fractional ordinary shares on the basis of prevailing market...

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