Layout shell — figures are placeholder, not publishable
SMX
$16.26 +0.06%SMX (Security Matters) Public Ltd Co
Sector: Industrials Industry: Specialty Business Services Country: Australia Exchange: NASDAQ
Mkt Cap & EV
17.7M / -0.2M
Float & OS
890.0K / 1.09M
Est. Net Cash/Sh
16.41
Inst Own
0.2%
Security Matters Limited engages in the development and commercialization of track and trace technologies for various industries in Australia. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance. The company's technology comprises a chemical-based hidden barcode system, as well as a reader to identify these codes; and a blockchain record to store and protect ownership data. It serves brand owners and manufacturers. The company was incorporated in 2018 and is based in Melbourne, Australia.
Overall Risk
High
Offering Ability
High
Overhead Supply
High
Historical
High
Cash Need
Medium
Major developments
Derived from filed eventsHistorical O/S & potential dilution
1y: N/A 5y: N/A
03/31/2016 peak 1.09M Current O/S
Cash position
The company has 6.4 months of cash left based on quarterly cash burn of -$12.68M and estimated current cash of $26.9M.
Dilution structure
Convertible Note 8
September 2025 Convertible Note Registered
EDGAR ↗
Conversion Price 23,349.784
Convertible Date 2025-09-11
Issue Date 2025-09-11
Known Owners Secure Net, Target Capital
Last Update Date 2025-12-15
Maturity Date 2026-09-11
Price Protection Variable Rate
Remaining Principal Amount 0
Remaining Shares to be Issued When Converted 0
Total Principal Amount 6,000,000
Total Shares Issued When Converted 256.96
Underwriter/Placement Agent N/A
December 2025 Convertible Note Registered
EDGAR ↗
Conversion Price 3,739.893
Convertible Date 2025-12-01
Issue Date 2025-12-01
Known Owners Target Capital
Last Update Date 2026-01-08
Maturity Date N/A
Price Protection Variable Rate
Remaining Principal Amount 0
Remaining Shares to be Issued When Converted 0
Total Principal Amount 20,625,000
Total Shares Issued When Converted 5,515.265
Underwriter/Placement Agent N/A
July 2024 Convertible Note Registered
EDGAR ↗
Conversion Price 167,115,863.266
Convertible Date 2024-07-10
Issue Date 2024-07-10
Known Owners PMB Partners
Last Update Date 2024-07-22
Maturity Date 2024-12-31
Price Protection Customary Anti-Dilution
Remaining Principal Amount 800,000
Remaining Shares to be Issued When Converted 0.004
Total Principal Amount 800,000
Total Shares Issued When Converted 0.004
Underwriter/Placement Agent N/A
September 2023 Convertible Note Registered
EDGAR ↗
Conversion Price 1,945,706,122.315
Convertible Date 2023-09-06
Issue Date 2023-09-06
Known Owners Generating Alpha
Last Update Date 2024-05-08
Maturity Date 2024-09-06
Price Protection Customary Anti-Dilution
Remaining Principal Amount 0
Remaining Shares to be Issued When Converted 0
Total Principal Amount 4,290,000
Total Shares Issued When Converted 0
Underwriter/Placement Agent EF Hutton
April 2024 Convertible Note Registered
EDGAR ↗
Conversion Price 286,484,337.028
Convertible Date 2024-04-11
Issue Date 2024-04-11
Known Owners Generating Alpha
Last Update Date 2024-09-26
Maturity Date 2025-04-11
Price Protection Customary Anti-Dilution
Remaining Principal Amount 0
Remaining Shares to be Issued When Converted 0
Total Principal Amount 2,250,000
Total Shares Issued When Converted 0.009
Underwriter/Placement Agent N/A
July 2024 Convertible Note 2 Registered
EDGAR ↗
Conversion Price 2,624,710.747
Convertible Date 2024-07-26
Issue Date 2024-07-26
Known Owners Generating Alpha
Last Update Date 2025-04-06
Maturity Date 2025-07-26
Price Protection Variable Rate
Remaining Principal Amount 0
Remaining Shares to be Issued When Converted 0
Total Principal Amount 1,921,211
Total Shares Issued When Converted 0.73
Underwriter/Placement Agent Dawson James
May 2025 Convertible Note Registered
EDGAR ↗
Conversion Price 178,702.609
Convertible Date 2025-05-08
Issue Date 2025-05-08
Known Owners Secure Net, Target Capital
Last Update Date 2025-07-30
Maturity Date 2026-05-08
Price Protection Variable Rate
Remaining Principal Amount 0
Remaining Shares to be Issued When Converted 0
Total Principal Amount 6,875,000
Total Shares Issued When Converted 38.473
Underwriter/Placement Agent Dawson James
August 2025 Convertible Note Registered
EDGAR ↗
Conversion Price 29,245.247
Convertible Date 2025-08-03
Issue Date 2025-08-03
Known Owners Secure Net, Target Capital
Last Update Date 2025-09-11
Maturity Date 2026-08-03
Price Protection Variable Rate
Remaining Principal Amount 0
Remaining Shares to be Issued When Converted 0
Total Principal Amount 7,500,000
Total Shares Issued When Converted 256.458
Underwriter/Placement Agent Aegis
Equity Line 3
December 2025 Target Capital SPA Registered
EDGAR ↗
Agreement End Date N/A
Agreement Start Date 2025-12-01
Last Update Date 2026-07-29
Remaining Equity Line Capacity 199,476,841
Total Equity Line Capacity 250,000,000
April 2024 Generating Alpha SPA Registered
EDGAR ↗
Agreement End Date 2027-04-22
Agreement Start Date 2024-04-22
Last Update Date 2024-04-22
Remaining Equity Line Capacity 30,000,000
Total Equity Line Capacity 30,000,000
March 2023 YA II SPA Terminated
EDGAR ↗
Agreement End Date 2026-03-07
Agreement Start Date 2023-03-07
Last Update Date 2024-05-08
Remaining Equity Line Capacity 21,500,000
Total Equity Line Capacity 25,000,000
S-1 Offering 2
June 2023 S-1 Offering Priced
EDGAR ↗
Anticipated Deal Size 10,000,000
Exercise Price 0.24
Final Deal Size 3,200,000
Final Pricing 0.24
Final Shares Offered 13,333,333
Final Warrant Coverage 2
Last Update Date 2023-06-23
S-1 Filing Date 2023-06-07
Status Priced
Underwriter/Placement Agent EF Hutton
Warrant Coverage 2
January 2024 S-1 Offering Priced
EDGAR ↗
Anticipated Deal Size 2,850,000
Exercise Price N/A
Final Deal Size 2,910,000
Final Pricing 0.24
Final Shares Offered 12,125,000
Final Warrant Coverage 0
Last Update Date 2024-02-16
S-1 Filing Date 2024-01-30
Status Priced
Underwriter/Placement Agent EF Hutton
Warrant Coverage 0
Shelf 2
March 2026 Shelf Registered
EDGAR ↗
Baby Shelf Restriction No
Current Raisable Amount 250,000,000
Effect Date 2026-04-03
Expiration Date 2029-04-03
Float 1,078,637
Highest 60 Day Close 20.3
IB6 Float Value 21,896,331
Last Banker N/A
Last Update Date 2026-08-14
Outstanding Shares 1,088,608
Total Amount Raised 0
Total Amt. Raised Last 12 Mo. under IB6 N/A
Total Shelf Capacity 250,000,000
February 2025 Shelf Registered
EDGAR ↗
Baby Shelf Restriction No
Current Raisable Amount 45,000,000
Effect Date 2025-02-28
Expiration Date 2028-02-28
Float 1,078,637
Highest 60 Day Close 20.3
IB6 Float Value 21,896,331
Last Banker N/A
Last Update Date 2026-08-14
Outstanding Shares 1,088,608
Total Amount Raised 0
Total Amt. Raised Last 12 Mo. under IB6 N/A
Total Shelf Capacity 45,000,000
Warrant 14
September 2024 Series A Warrants Registered
EDGAR ↗
Exercisable Date 2024-09-12
Exercise Price 15,915,796.502
Expiration Date 2030-03-12
Issue Date 2024-09-12
Known Owners Bigger Capital, District 2, Altium, Iroquois, Anson, L1, Intracoastal, Boothbay, Meteora, SHN Financial, Sabby
Last Update Date 2024-09-11
Price Protection Full Ratchet, Reset, Proportional Adjustment
Remaining Warrants Outstanding 0.672
Total Warrants Issued 0.672
Underwriter/Placement agent Aegis, ClearThink
July 2024 Warrant Registered
EDGAR ↗
Exercisable Date 2024-07-26
Exercise Price 99,158,204.807
Expiration Date 2030-01-26
Issue Date 2024-07-26
Known Owners Generating Alpha
Last Update Date 2024-07-26
Price Protection Full Ratchet
Remaining Warrants Outstanding 0.013
Total Warrants Issued 0.013
Underwriter/Placement agent Dawson James
April 2024 Warrants Registered
EDGAR ↗
Exercisable Date 2024-04-11
Exercise Price 187,408,503.583
Expiration Date 2029-10-11
Issue Date 2024-04-11
Known Owners Generating Alpha
Last Update Date 2024-04-12
Price Protection Full Ratchet
Remaining Warrants Outstanding 0.009
Total Warrants Issued 0.009
Underwriter/Placement agent N/A
January 2024 Warrants Not Registered
Exercisable Date 2024-01-12
Exercise Price 1,396,611,143.011
Expiration Date 2029-01-12
Issue Date 2024-01-12
Known Owners N/A
Last Update Date 2024-05-08
Price Protection Customary Anti-Dilution
Remaining Warrants Outstanding 0.004
Total Warrants Issued 0.004
Underwriter/Placement agent N/A
March 2023 Public SPAC Warrants Not Registered
Exercisable Date 2023-04-07
Exercise Price 302,002,238,616.919
Expiration Date 2028-03-08
Issue Date 2023-03-08
Known Owners N/A
Last Update Date 2024-05-08
Price Protection Undisclosed/Unverified
Remaining Warrants Outstanding 0
Total Warrants Issued 0
Underwriter/Placement agent N/A
March 2023 Sponsor SPAC Warrants Not Registered
Exercisable Date 2023-04-07
Exercise Price 302,002,238,616.919
Expiration Date 2028-03-08
Issue Date 2023-03-08
Known Owners N/A
Last Update Date 2024-05-08
Price Protection Undisclosed/Unverified
Remaining Warrants Outstanding 0
Total Warrants Issued 0
Underwriter/Placement agent N/A
February 2024 Warrants Not Registered
Exercisable Date 2024-02-02
Exercise Price 2,387,370.368
Expiration Date 2029-02-02
Issue Date 2024-02-02
Known Owners YA II
Last Update Date 2024-05-08
Price Protection Customary Anti-Dilution
Remaining Warrants Outstanding 0
Total Warrants Issued 0
Underwriter/Placement agent N/A
June 2023 Series A Warrants Registered
EDGAR ↗
Exercisable Date 2023-06-27
Exercise Price 0
Expiration Date 2028-06-27
Issue Date 2023-06-27
Known Owners N/A
Last Update Date 2024-05-08
Price Protection Alternate Cashless
Remaining Warrants Outstanding 0
Total Warrants Issued 0
Underwriter/Placement agent EF Hutton
June 2023 Series B Warrants Registered
EDGAR ↗
Exercisable Date 2023-06-27
Exercise Price 1,372,737,448.259
Expiration Date 2028-06-27
Issue Date 2023-06-27
Known Owners N/A
Last Update Date 2024-05-08
Price Protection Customary Anti-Dilution
Remaining Warrants Outstanding 0
Total Warrants Issued 0
Underwriter/Placement agent EF Hutton
September 2023 Series A Warrants Registered
EDGAR ↗
Exercisable Date 2023-09-06
Exercise Price 0
Expiration Date 2028-09-06
Issue Date 2023-09-06
Known Owners Generating Alpha
Last Update Date 2024-05-08
Price Protection Customary Anti-Dilution
Remaining Warrants Outstanding 0
Total Warrants Issued 0.004
Underwriter/Placement agent EF Hutton
September 2023 Series B Warrants Registered
EDGAR ↗
Exercisable Date 2023-09-06
Exercise Price 1,955,016,864.294
Expiration Date 2028-09-06
Issue Date 2023-09-06
Known Owners Generating Alpha
Last Update Date 2024-05-08
Price Protection Customary Anti-Dilution
Remaining Warrants Outstanding 0
Total Warrants Issued 0
Underwriter/Placement agent EF Hutton
December 2023 Warrants Registered
EDGAR ↗
Exercisable Date 2024-01-30
Exercise Price 1,372,737,448.259
Expiration Date 2028-12-07
Issue Date 2023-12-07
Known Owners Konus, L1, Lind Global
Last Update Date 2024-05-08
Price Protection Customary Anti-Dilution
Remaining Warrants Outstanding 0
Total Warrants Issued 0
Underwriter/Placement agent N/A
September 2024 Series B Warrants Registered
EDGAR ↗
Exercisable Date 2024-09-12
Exercise Price 0
Expiration Date N/A
Issue Date 2024-09-12
Known Owners Bigger Capital, District 2, Altium, Iroquois, Anson, L1, Intracoastal, Boothbay, Meteora, SHN Financial, Sabby
Last Update Date 2025-05-16
Price Protection Reset
Remaining Warrants Outstanding 0
Total Warrants Issued 0.336
Underwriter/Placement agent Aegis, ClearThink
September 2024 Pre-Funded Warrants (1 cost) Registered
EDGAR ↗
Exercisable Date 2024-09-12
Exercise Price 159,157.429
Expiration Date N/A
Issue Date 2024-09-12
Known Owners Bigger Capital, District 2, Altium, Iroquois, Anson, L1, Intracoastal, Boothbay, Meteora, SHN Financial, Sabby
Last Update Date 2024-09-26
Price Protection Customary Anti-Dilution
Remaining Warrants Outstanding 0
Total Warrants Issued 0.238
Underwriter/Placement agent N/A
Completed offerings
| Date | Type | Method | Bank | Amount | Price | Shares |
|---|---|---|---|---|---|---|
| 2026-7-29 0:00 | Used ATM/Equity Line | S-1 | Target Capital | 39.39M | N/A | N/A |
| 2026-2-17 0:00 | Used ATM/Equity Line | S-1 | Target Capital | 2.23M | $56.77 | 39.3K |
| 2026-2-6 13:15 | Used ATM/Equity Line | S-1 | Target Capital | 8.90M | $12.98 | 685.5K |
| 2025-12-1 0:00 | Private Placement, Convertible Note | N/A | RBW | 14.38M | N/A | N/A |
| 2025-8-5 7:00 | Private Placement, Convertible Note | N/A | Aegis | 3.00M | $0.8 | 3.75M |
| 2025-5-8 9:16 | Private Placement, Convertible Note | N/A | Dawson James | 1.38M | $0.32 | 4.30M |
| 2024-12-28 0:00 | Debt | N/A | N/A | 1.40M | N/A | N/A |
| 2024-9-11 16:02 | Private Placement | N/A | Aegis, ClearThink | 5.35M | $1 | 5.35M |
| 2024-7-26 0:00 | Private Placement, Convertible Note | N/A | Dawson James | 1.15M | $6.1 | 188.5K |
| 2024-4-11 0:00 | Private Placement, Convertible Note | N/A | N/A | 2.25M | $0.24 | 9.38M |
| 2024-2-16 7:00 | Underwritten | F-1 | EF Hutton | 2.91M | $0.24 | 12.13M |
| 2023-12-6 0:00 | Warrant Exercise | N/A | N/A | 697.0K | $1.15 | 606.1K |
| 2023-9-6 0:00 | Private Placement, Convertible Note | N/A | EF Hutton | 4.29M | $1.64 | 2.62M |
| 2023-6-23 9:00 | Underwritten | F-1 | EF Hutton | 3.20M | $0.24 | 13.33M |
Split history
1:2.285 Reverse split
27 May 2026
EDGAR ↗ 1:20 Reverse split
11 May 2026
EDGAR ↗ 1:8 Reverse split
14 Nov 2025
EDGAR ↗ 1:7 Reverse split
5 Aug 2025
EDGAR ↗ 1:75 Reverse split
16 Jun 2025
EDGAR ↗ 4.1:1 Forward split
12 Jun 2025
EDGAR ↗ 1:20 Reverse split
15 Jan 2025
EDGAR ↗ 28.5:1 Forward split
13 Jan 2025
EDGAR ↗ 1:7 Reverse split
15 Jul 2024
EDGAR ↗ 1:8 Reverse split
21 Aug 2023
EDGAR ↗ 1:22 Reverse split
7 Jul 2023
EDGAR ↗ Registered classes
SMX Active
Ordinary Shares, with a nominal value of $0.0022 per share
SMXWW Active
Warrants, each exercisable for one Ordinary Share at an exercise price of $253.00 per share
Exercise price $253.00
Anything unsourced reads N/A. Not a recommendation — see the disclaimer, and how dilution works.
Track the count, not the chart.
Share-count histories, the offerings behind each step and the split record — as each company clears verification against its filings.