Why Silver Highlights the Discipline SMX Was Built For

Rhea-AI Summary

Kroger is reissuing Private Selection Harvest Apple as a limited-edition, in-store-only fall collection available starting September 8 while supplies last. The line returns popular flavors from last year plus new items such as Spiced Apple Cider, Caramel Apple Popcorn and Caramel Apple Blondie, alongside snacks, bakery items, beverages and Bloom Haus bouquets. Customers can shop the collection in Kroger family stores and use Kroger Pickup or Delivery for other items; digital coupons and the Boost membership offer additional savings.

Key Figures

New notes principal: $5.0 million New notes face value: $6.25 million Total notes proceeds: $16.5 million +5 more

8 metrics

New notes principal $5.0 million Aggregate principal of new convertible promissory notes (Dec 11, 2025 6-K)

New notes face value $6.25 million Face value after 20% original issue discount (Dec 11, 2025 6-K)

Total notes proceeds $16.5 million Total expected gross proceeds under convertible notes (Dec 11, 2025 6-K)

Equity line facility $100 million Equity line of credit referenced in Dec 11, 2025 6-K

Reverse split ratios 1:7, 1:10.89958, 1:8 Three reverse stock splits effective Aug 7, Oct 23, Nov 18, 2025

Post-split shares 1,050,572 shares Outstanding after 8:1 reverse split effective Nov 18, 2025

Authorized plan shares 10,785,000 shares Amended 2022 Incentive Equity Plan (Nov 25, 2025 6-K)

Glove market size $13.8 billion Global latex and rubber gloves market value in 2024

Market Reality Check

Price: $24.17 Vol: Volume 1,135,729 is about...

low vol

$24.17 Last Close

Volume Volume 1,135,729 is about 0.48x the 20-day average, indicating relatively muted trading interest ahead of this news. low

Technical Price at $24.35 is far below the 200-day MA of $1,382.86, showing a deeply broken longer-term trend.

Peers on Argus

Peers show mixed moves: PMAX up 4.04%, NISN up 12.46%, while LICN, SFHG, and SGR...

Peers show mixed moves: PMAX up 4.04%, NISN up 12.46%, while LICN, SFHG, and SGRP are down. This dispersion points to stock-specific dynamics for SMX rather than a unified sector trade.

Historical Context

5 past events · Latest: Jan 14 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 14	Market expansion	Positive	+1.5%	Extended rubber traceability platform into global latex and glove market.
Jan 13	Product application	Positive	-9.5%	Applied molecular tracking technology specifically to silver supply chains.
Jan 12	Media feature	Positive	+14.7%	MSN.com feature on precious metals traceability technology.
Jan 12	Strategy positioning	Positive	+14.7%	Outlined identity‑first, verification‑driven supply‑chain integrity strategy.
Jan 9	Regulation thesis	Positive	-17.9%	Framed regulation as demand driver for provable supply chains.

Pattern Detected

Recent SMX news has often been positive in tone but produced volatile and sometimes opposing price reactions, with both strong rallies and sharp selloffs following upbeat positioning announcements.

Recent Company History

Over the last week, SMX highlighted its material‑embedded traceability across multiple domains. On Jan 9, it framed regulation as a tailwind for verifiable supply chains, followed by messaging on an "identity‑first" integrity approach on Jan 12, which coincided with a 14.71% gain. That day also saw MSN coverage of its precious‑metals tracking. On Jan 13, applying molecular tracking to silver preceded a -9.54% move, and on Jan 14 expansion into the latex and glove market saw a more modest 1.54% rise. The current article sits against this backdrop of narrative‑driven volatility.

Market Pulse Summary

This announcement comes as SMX emphasizes disciplined, material‑embedded traceability across metals ...

Analysis

This announcement comes as SMX emphasizes disciplined, material‑embedded traceability across metals and industrial supply chains, including recent silver and glove‑market initiatives. Historically, similar narrative and positioning updates produced volatile but mixed price reactions, with moves of +14.71% and -17.93% around prior news. Investors may track how these themes intersect with the company’s capital structure—shaped by multiple reverse splits, convertible notes, and expanded equity plans—and whether new commercial milestones or concrete deployments accompany continued branding messages.

Key Terms

reverse stock split, convertible promissory notes, original issue discount, equity line of credit, +2 more

6 terms

reverse stock split financial

"announced a reverse stock split at an 8:1 ratio, effective upon the opening"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

convertible promissory notes financial

"agreed to new convertible promissory notes with an aggregate principal amount"

A convertible promissory note is a loan a company takes that can later be turned into shares instead of being paid back in cash; think of lending money now in exchange for a voucher that can become ownership later. Investors care because it mixes credit risk and potential ownership upside—it can protect lenders if a company struggles while also diluting existing shareholders when converted, affecting future share value and investor returns.

original issue discount financial

"notes with an aggregate principal amount of $5.0 million and a 20% original issue discount"

Original issue discount (OID) is the difference between a debt security’s face value and the lower price at which it is first sold, treated as additional interest that accrues over the life of the instrument. For investors it matters because OID raises the effective yield and changes taxable income and the holding’s cost basis over time — think of buying a $100 voucher for $90 and recognizing the $10 gain as earned interest as the voucher approaches maturity.

equity line of credit financial

"separate from a $100 million equity line of credit."

An equity line of credit is a loan that allows homeowners to borrow money against the value of their property, similar to having a flexible credit card secured by their home. It matters to investors because it provides a way for property owners to access cash for various needs, which can influence real estate markets and overall economic activity. This type of credit offers ongoing borrowing capacity, making it a valuable financial tool for those with significant property equity.

restricted stock units financial

"granted 6,935,000 restricted stock units and 3,850,000 stock options"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

stock options financial

"restricted stock units and 3,850,000 stock options to executive officers"

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

AI-generated analysis. Not financial advice.

NEW YORK CITY, NEW YORK / ACCESS Newswire / January 15, 2026 / Infrastructure technologies are unforgiving by nature. They demand patience, sequencing, and alignment with systems that move deliberately and penalize disruption. When deployment is rushed or incentives favor speed over stability, failure is rarely subtle. It shows up quickly and publicly.

This disconnect is common. Many technologies are engineered for durability but introduced into environments optimized for acceleration. The resulting friction is not a flaw in the technology itself, but in the mismatch between how it is built and how it is deployed.

SMX (NASDAQ:SMX) operates differently. Its molecular identity platform is designed from the outset to function under inspection, enforcement, and repeated verification. That design choice becomes especially visible when applied to materials like silver, where oversight is constant and tolerance for error is minimal.

This alignment is intentional, not incidental.

Why Regulated Materials Expose Weak Systems

SMX embeds molecular-level identity directly into physical materials, allowing verification to remain intact as assets move through processing, custody transfers, and reuse. This approach only works when systems are introduced carefully and maintained over time.

Silver makes those requirements unavoidable. As a heavily regulated, custody-sensitive material, it quickly reveals weaknesses in provenance and chain-of-custody systems. Gaps are not hypothetical. They are enforced realities.

National platforms, industrial sorting frameworks, and cross-border trade systems subject silver to continuous validation. Identity technologies introduced into these environments must operate consistently, not episodically. Demonstrations are irrelevant. Persistence is the test.

This is why infrastructure adoption unfolds gradually but decisively. Early deployments inform standards. Repeated use refines systems. Verification that survives ongoing scrutiny becomes embedded rather than optional.

What Silver Reveals About Platform Scale

SMX's technology is horizontal by design, capable of spanning multiple materials and industries. Silver sharpens that value proposition. While enforcement around plastics and textiles is accelerating, silver already exists inside a mature regulatory framework.

Applying the same identity logic across polymers, fibers, and precious metals demonstrates that SMX is not built for a single compliance cycle. It is built for regulated trade itself. The core requirement is universal: proof must endure regardless of material, jurisdiction, or handling.

Expansion under this model does not depend on customization. It depends on consistency. Each deployment reinforces the same verification architecture. Whether the material is recycled plastic, textile fiber, or refined silver, the logic holds. As applications accumulate, adoption friction declines. Silver, because of its sensitivity, accelerates credibility across less regulated categories.

Consistency Under Pressure Is the Signal

In regulated environments, credibility emerges from symmetry. Technology, process, and behavior must align when scrutiny intensifies.

SMX's platform removes ambiguity by embedding proof directly into materials. Verification does not rely on reporting layers that weaken under audit. This consistency is especially valuable in silver supply chains, where custody rules, refinery standards, and cross-border movement leave no room for improvisation.

Performance in these conditions signals reliability everywhere else. That signal compounds. National programs, industrial integrations, and regulated marketplaces commit resources only to systems that demonstrate durability over time. Once embedded, infrastructure becomes difficult to replace.

The result is a platform designed to persist. Technology scales because it fits the environments it serves. Business reach expands as enforcement intensifies across materials and markets.

This is not a race for speed. It is a test of suitability. Infrastructure that survives scrutiny earns the ability to compound.

SMX was built with that reality in mind.

Contact: jeremy@360bespoke.com

SOURCE: SMX (Security Matters) Public Limited

View the original press release on ACCESS Newswire

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FAQ

When does Kroger's Private Selection Harvest Apple line become available in stores?

The Harvest Apple collection is available in Kroger family stores beginning September 8, while supplies last.

Which new items are included in Kroger's Harvest Apple 2024 lineup?

New items include Spiced Apple Cider, Caramel Apple Popcorn, and Caramel Apple Blondie among other seasonal products.

Is Kroger's Private Selection Harvest Apple collection available online or only in stores?

The Harvest Apple limited edition is sold in stores only; other Kroger products remain available via Pickup and Delivery.

Can shoppers save on Kroger purchases when buying Harvest Apple products?

Shoppers can use weekly digital coupons on Kroger.com or the Kroger app and consider the Boost by Kroger membership trial for extra delivery and fuel savings.

Will Kroger offer Harvest Apple bakery and floral items as part of the collection?

Yes; the line includes bakery items like Spiced Apple Pie Cookies and Spiced Apple Crisp Granola Clusters plus Bloom Haus bouquets in four fall styles.

Where can customers find Harvest Apple recipe ideas from Kroger?

Kroger offers Harvest Apple recipe suggestions—such as popcorn and pretzel snack mix and apple cider pot roast—accessible in stores and via its digital channels.