SMX Has Entered 2026 Fully Financed Through the End of First Quarter 2027

SMX (NASDAQ:SMX) said it has entered 2026 fully financed through the end of Q1 2027, following the full conversion of its convertible notes on Jan 8, 2026.

Rhea-AI Summary

SMX (NASDAQ:SMX) said it has entered 2026 fully financed through the end of Q1 2027, following the full conversion of its convertible notes on Jan 8, 2026. The conversion reduced the company's long-term liabilities and removed potential convertible-equity overhang, which the company says strengthens its financial position as it advances project development.

SMX is investing in rollout of molecular marking and material verification technologies, expanding pilot partnerships internationally, and extending its platform beyond plastics to create a verified physical-to-digital Plastic Cycle Token framework for auditable material lifecycle data.

Positive

• Entered 2026 fully financed through end of Q1 2027
• Convertible notes fully converted on Jan 8, 2026, reducing long-term liabilities
• Expanded international partnerships and pilot programs in 2025
• Platform extended beyond plastics to multi-material verification

Negative

• None.

Argus Jan 22 session

-0.69% close to close Open Argus

Details

News Market Reaction – SMX

In the Jan 22 session, SMX declined 0.69%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement stresses that SMX entered 2026 with funding in place through the end of Q1 2027 an...

Analysis

This announcement stresses that SMX entered 2026 with funding in place through the end of Q1 2027 and that its December 2025 convertible notes, totaling $20,625,000 in face value, have been fully converted into 1,230,698 ordinary shares, removing that debt. The company links this cleaner balance sheet to its molecular verification and Plastic Cycle Token roadmap. In context of prior reverse splits and significant distance from the $16,266.5343 52-week high, investors may focus on execution and real-world adoption metrics.

Key Figures

Convertible notes face value: $20,625,000 Shares issued on conversion: 1,230,698 ordinary shares Current share price: $20.16 +5 more

Convertible notes face value

$20,625,000

Face amount of convertible notes issued December 2025, fully converted per 6-K on 2026-01-08

Shares issued on conversion

1,230,698 ordinary shares

Shares issued upon full conversion of December 2025 convertible notes

Current share price

$20.16

Price before impact of Jan 22, 2026 financing update

Price change 24h

-9.23%

Move ahead of/around financing and balance sheet update

52-week high

$16,266.5343

Pre-news 52-week high level vs current $20.16

52-week low

$3.12

Pre-news 52-week low; current price above this level

Today’s volume

686,892 shares

Compared with 20-day average volume of 2,464,513 shares

Reverse split ratio

8:1

Reverse stock split effective November 18, 2025

Historical Context

5 past events · Latest: Jan 20

5 events

1. Jan 20

   Crypto treasury step

   24h Move

   -8.1%

   Opening Kraken account framed as institutional treasury infrastructure for PCT.

2. Jan 16

   Platform positioning

   24h Move

   +1.2%

   Described material-level verification as core infrastructure amid tightening regulations.

3. Jan 16

   Gold verification pitch

   24h Move

   +1.2%

   Promoted molecular identity for gold to prevent counterfeit-driven market disruption.

4. Jan 16

   Treasury framework

   24h Move

   +1.2%

   Announced board-approved treasury framework supporting Plastic Cycle Token roadmap.

5. Jan 16

   Kraken account setup

   24h Move

   +1.2%

   Detailed Kraken account as infrastructure for verification-driven digital value units.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

convertible notes, equity overhang, molecular identifiers, circular economy, +1 more

5 terms

convertible notes financial

"On Jan 8, SMX announced its convertible notes have been fully converted..."

Convertible notes are a type of short-term loan that a company receives from investors, which can later be turned into company shares instead of being paid back in cash. They matter to investors because they offer a way to support a company early on while giving the potential to own a stake in its success if the company grows and later raises more funding.

equity overhang financial

"eliminates potential equity overhang associated with convertible instruments..."

Equity overhang is the presence of a large number of shares that exist on paper or can be created in the future—such as stock options, convertible bonds, or reserved shares—that may be sold or converted into common stock and increase the total share count. Investors watch it because those extra shares can reduce each owner’s slice of the company and put downward pressure on the stock price, like adding more people to a pie-splitting table and shrinking each person’s piece.

molecular identifiers technical

"by embedding invisible molecular identifiers directly into materials..."

Molecular identifiers are unique labels or codes used to unambiguously describe a specific chemical or biological molecule—think of them as the barcode, serial number, or fingerprint for a compound or genetic sequence. For investors, clear molecular identification matters because it ties patents, regulatory filings, clinical data and manufacturing records to the exact substance being developed or sold, reducing ambiguity around rights, safety, approval status and commercial value.

circular economy technical

"Plastic Cycle Token as a practical foundation for the circular economy."

A circular economy is a way of designing and using products so that materials are reused, repaired, or recycled rather than discarded as waste. It mimics natural systems where resources are continually reused, reducing environmental impact and conserving resources. For investors, it represents an opportunity to support sustainable businesses that focus on efficiency and long-term resource management.

tokenization financial

"advancing its verification and tokenization strategy."

Tokenization is the process of converting real-world assets or rights into digital tokens stored on a computer network. This allows assets, such as property or investments, to be divided into smaller parts, making them easier to buy, sell, or transfer electronically. For investors, tokenization can increase access to a wider range of investments and make transactions faster and more efficient.

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NEW YORK, NY / ACCESS Newswire / January 22, 2026 / SMX (NASDAQ:SMX) has entered 2026 fully financed through the end of first quarter 2027, giving the Company the flexibility to stay focused on execution, expanding its platform, and continuing to develop its Plastic Cycle Token as a practical foundation for the circular economy. The Company is investing in the rollout of its molecular marking and material verification technologies, strengthening its digital platform, and driving real-world adoption across global supply chains where transparency, proof, and regulatory alignment are no longer optional.

On Jan 8, SMX announced its convertible notes have been fully converted in accordance with their terms. This full conversion of the notes materially reduces SMX's long-term liabilities, eliminates potential equity overhang associated with convertible instruments and strengthens the Company's financial position as it advances project development across its circular-materials platform.

As governments tighten requirements around origination, carbon, recycling, and materials disclosure, companies are being asked to prove what their data represents, not just report it. SMX addresses this challenge by embedding invisible molecular identifiers directly into materials, creating a durable record that travels with a product from manufacturing through reuse, recycling, and end-of-life.

That physical-to-digital connection is the foundation of SMX's Plastic Cycle Token strategy. The token framework is designed to capture verified material lifecycle events and convert them into reliable, auditable data. This allows sustainability outcomes to be measured based on evidence rather than estimates, giving stakeholders a clearer way to demonstrate compliance, manage risk, and create value from circular activity.

In 2025, SMX made steady progress toward establishing verification as core infrastructure. The Company expanded internationally through partnerships and pilot programs, validating its technology across different regions, industries, and materials. These efforts showed that molecular-level identity can survive industrial processing and still deliver accurate tracking without disrupting existing operations.

SMX also extended its platform beyond plastics, reinforcing its evolution into a multi-material verification company with applications across manufacturing, recycling, and regulated supply chains. This broader scope supports the Company's long-term goal of creating a unified verification layer that works for regulators, enterprises, and sustainability-focused markets alike.

With funding secured and key partnerships in place, SMX enters 2026 focused on disciplined growth, refining its platform, and advancing its verification and tokenization strategy. As sustainability expectations shift from ambition to accountability, the Company believes demand for trusted, verifiable material data will continue to grow, placing SMX at the center of that transition.

Contact: Jeremy Murphy/ jeremy@360bespoke.com

SOURCE: SMX (Security Matters) Public Limited

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does SMX (SMX) mean by being "fully financed through end of Q1 2027"?

SMX says it has secured funding to cover operations and planned investments through March 31, 2027, enabling continued execution and platform rollout.

When were SMX convertible notes fully converted and what is the effect on SMX (SMX)?

The convertible notes were fully converted on Jan 8, 2026, which the company says reduces long-term liabilities and removes potential convertible equity overhang.

How is SMX advancing its verification technology in 2026?

SMX plans to invest in molecular marking, material verification technologies, and its digital platform to drive real-world adoption across supply chains.

What is the Plastic Cycle Token and how does it affect SMX (SMX) strategy?

The Plastic Cycle Token framework converts verified material lifecycle events into auditable data, forming the company’s physical-to-digital verification backbone.

Did SMX report financial results or revenue figures in this announcement (SMX)?

No specific revenue, earnings, or other financial results were disclosed in this announcement.

Will SMX (SMX) apply its technology beyond plastics?

Yes; SMX says it has extended its platform beyond plastics toward multi-material verification across manufacturing and recycling.