SMX Strengthens Balance Sheet and Eliminates Corporate-Level Convertible Indebtedness

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

[{"type":"text","content":"Full conversion of convertible notes reduces long-term liabilities, removes potential equity overhang, and helps position SMX to advance project development and circular-materials strategy","length":188,"tagName":"p"},{"type":"text","content":"NEW YORK, NY / ACCESS Newswire / January 8, 2026 / SMX (Security Matters) PLC (NASDAQ:SMX; SMXWW), a global pioneer in material-embedded identity and digital traceability, today announced that all $20,625,000 face amount of convertible notes that it sold in December 2025 have been fully converted in accordance with their terms, into an aggregate of 1,230,698 ordinary shares of the Company.","length":392,"tagName":"p"},{"type":"text","content":"This full conversion of the notes materially reduces SMX's long-term liabilities, eliminates potential equity overhang associated with convertible instruments, removes restrictions on the Company's ability to raise capital in the future, and strengthens the Company's financial position as it advances project development across its circular-materials platform.","length":373,"tagName":"p"},{"type":"text","content":"With this milestone, SMX enters its next phase of growth with no corporate-level convertible indebtedness and improved financial flexibility.","length":141,"tagName":"p"},{"type":"text","content":"The Company believes that this is a meaningful balance-sheet inflection point for SMX, as eliminating its convertible debt enhances clarity for investors, reduces structural risk, and allows management to remain focused on executing the Company's technology roadmap and commercial programs without this financing overhang.","length":326,"tagName":"p"},{"type":"text","content":"Advancing Material-Embedded Identity at Scale","length":45,"tagName":"p"},{"type":"text","content":"SMX's platform is built on molecular-level markers embedded directly into physical materials during manufacturing. These invisible markers create a persistent, tamper-resistant identity that remains with the material throughout its lifecycle-manufacturing, distribution, use, recovery, and reuse.","length":300,"tagName":"p"},{"type":"text","content":"Unlike external labels, barcodes, or documentation systems that can be removed or lost, SMX's technology has been developed to allow materials themselves to carry verifiable data, enabling:","length":193,"tagNa...

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