Exhibit
99.1
SMX
Strengthens Balance Sheet and Eliminates Corporate-Level Convertible Indebtedness
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
New
York – 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.
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.
With
this milestone, SMX enters its next phase of growth with no corporate-level convertible indebtedness and improved financial flexibility.
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.
Advancing
Material-Embedded Identity at Scale
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.
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:
| ● | Authentication
and origin verification |
| ● | Regulatory
and sustainability compliance |
| ● | Lifecycle
traceability and accountability |
| ● | Circular
recovery and reuse pathways |
The
Company believes that this approach is increasingly relevant as global industries face tightening environmental regulations, carbon-neutrality
mandates, and supply-chain transparency requirements.
Large
and Expanding Market Opportunity
SMX
operates at the intersection of advanced materials, digital traceability, and sustainability infrastructure, addressing markets measured
in the tens of billions of dollars globally.
Across
plastics, rubber, and other industrial materials, the Company believes that regulatory pressure and corporate sustainability commitments
are accelerating demand for technologies that can verify material origin, composition, and lifecycle outcomes. SMX’s platform is
designed to serve manufacturers, brand owners, recyclers, and regulators seeking verifiable, data-anchored solutions rather than aspirational
reporting.
By
pairing embedded molecular identity with a digital platform, SMX enables materials to become data-bearing assets, supporting new commercial
models tied to circularity, compliance, and resource efficiency.
SMX
is positioned to advance:
| ● | Ongoing
and planned project deployments |
| ● | Expansion
across industrial and consumer material categories |
| ● | Strategic
collaborations and pilot programs |
| ● | Development
of its digital traceability and circular-materials initiatives |
The
strengthened financial profile supports disciplined execution while preserving optionality as SMX continues to build its global platform.
Contact:
Jeremy
Murphy
jeremymurphy@me.com
About
SMX
As
global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations
and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology
to transition more successfully to a low-carbon economy.
Forward-Looking
Statements
The
information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions
or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future
events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,”
“contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,”
“intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,”
“predict,” “project,” “should,” “would” and similar expressions may identify forward-looking
statements, but the absence of these words does not mean that a statement is not forward-looking.
Forward-looking
statements in this press release may include, for example: successful launch and implementation of SMX’s existing or future joint
projects with manufacturers and other supply chain participants of steel, rubber, fabric and other materials; changes in SMX’s
strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX’s ability
to develop and launch new products and services, including its planned Plastic Cycle Token; SMX’s ability to successfully and efficiently
integrate future expansion plans and opportunities; SMX’s ability to grow its business in a cost-effective manner; SMX’s
product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX’s
business model; developments and projections relating to SMX’s competitors and industry; and SMX’s approach and goals with
respect to technology.
These
forward-looking statements are based on information available as of the date of this press release and involve a number of judgments,
risks and uncertainties. Actual results may differ materially. SMX undertakes no obligation to update forward-looking statements except
as required by law.
