SMX expands equity plan and grants RSUs
SMX (Security Matters) Public Limited Company amended its 2022 Incentive Equity Plan to increase authorized Ordinary Shares under the plan from approximately 237,730 to 696,105.
Rhea-AI Filing Summary
SMX (Security Matters) Public Limited Company amended its 2022 Incentive Equity Plan to increase authorized Ordinary Shares under the plan from approximately 237,730 to 696,105. Relying on home country practices permitted by Nasdaq Rule 5615(a)(3), this amendment was approved without stockholder approval.
Following the amendment, the company granted an aggregate of 458,375 restricted stock units to executive officers, directors, and certain consultants, employees and advisors, with 75% vesting on the grant date and 25% vesting on December 1, 2026. The disclosure is incorporated by reference into existing Form F-3 and Form S-8 registration statements.
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Key Figures
Key Terms
Foreign Private Issuer regulatory
Nasdaq Rule 5615(a)(3) regulatory
2022 Incentive Equity Plan financial
restricted stock units financial
Form S-8 regulatory
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