STOCK TITAN

Reverse split cuts SMX (NASDAQ: SMX) share count from 10M to 2M

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Form Type
6-K

Rhea-AI Filing Summary

SMX (Security Matters) Public Limited Company is implementing a reverse stock split of its ordinary shares. Every 4.8828125 existing ordinary shares with a nominal value of $0.502543568 will be automatically combined into one share with a nominal value of $0.219451015625.

The reverse split will reduce the number of outstanding ordinary shares from approximately 10 million to approximately 2 million and will apply to all outstanding shares. Trading on the Nasdaq Capital Market will begin on a post-split basis on February 17, 2026 under the existing symbol SMX, with new CUSIP G8267K406 and ISIN IE000B5COQZ5.

No fractional shares will be issued; instead, SMX will aggregate fractional entitlements and, to the extent possible, sell the aggregated fractional shares at prevailing market prices. Outstanding options, warrants (including SMXWW), and other convertible securities will be proportionately adjusted in accordance with their terms.

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Insights

SMX enacts a reverse split, consolidating shares to maintain Nasdaq trading.

SMX is carrying out a 4.8828125-for-1 reverse stock split, cutting outstanding ordinary shares from about 10 million to about 2 million. Each new share has a higher nominal value, while aggregate shareholder ownership remains tied to the same business.

All listed and unlisted equity-linked instruments, including Nasdaq-listed warrants SMXWW, will be proportionately adjusted. No fractional shares are issued; aggregated fractions will be sold at prevailing market prices, so small holders’ exact post-split positions may differ slightly from a pure ratio.

Trading on a split-adjusted basis starts on February 17, 2026, under the existing SMX symbol but with new CUSIP and ISIN identifiers. Future disclosures in company filings may clarify how this capital change interacts with ongoing efforts to satisfy Nasdaq listing standards.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of February 2026

 

Commission File Number: 001-41639

 

SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY

(Exact Name of Registrant as Specified in Charter)

 

Mespil Business Centre, Mespil House

Sussex Road, Dublin 4, Ireland

Tel: +353-1-920-1000

(Address of Principal Executive Offices) (Zip Code)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Upon the opening of business on February 17, 2026, SMX (Security Matters) Public Limited Company’s (the “Company”) ordinary shares will begin trading on the Nasdaq Capital Market (“Nasdaq”) on a post-reverse stock split basis under the current symbol “SMX”. The new CUSIP number of the Company’s ordinary shares will be G8267K 406 and the new ISIN code will be IE000B5COQZ5.

 

On May 2, 2025, the Company’s Shareholders approved a proposal to amend the Company’s constitution to allow the Company’s Board of Director’s to consolidate and/or divide all or any of the Company’s classes of shares as the Board of Directors sees fit. As such, Shareholder approval was not required to effect the reverse stock split.

 

The Company’s Board of Directors’ fixed the split ratio at 4.8828125:1, every 4.8828125 ordinary shares of the Company with a nominal value of $0.00000000002502543568 per share will be automatically combined into one (1) ordinary share with a nominal value of $0.00000000012219451015625 per share.

 

The Reverse Stock Split will reduce the number of outstanding shares of the Company from approximately 10 million to 2 million and will affect all outstanding ordinary shares. Every 4.8828125 outstanding ordinary shares will be combined into and automatically become 1 post-Reverse Stock Split ordinary share. No fractional shares will be issued in connection with the reverse stock split. Instead, the Company will aggregate the fractional entitlements of shareholders who otherwise would be entitled to receive fractional shares because they hold a number of ordinary shares not evenly divisible by 4.8828125 ordinary shares pursuant to the reverse stock split or they hold less than the number of ordinary shares which should be consolidated into one ordinary share pursuant to the reverse stock split and, to the extent possible, sell such aggregated fractional ordinary shares on the basis of prevailing market prices at such time.

 

After the Reverse Stock Split, all outstanding Company options, warrants and other applicable convertible securities, including the Company’s warrants listed on the Nasdaq Capital Market under the symbol SMXWW which will retain its existing CUSIP number, will be proportionately adjusted in accordance with their respective terms.

 

In connection with the Reverse Stock Split, the Company amended the Public Limited Company Constitution of SMX (Security Matters) Public Limited Company Memorandum of Association (“Amended Constitution”) to reflect the adjustment of the par value. Attached to this report on Form 6-K (this “Report”) as Exhibit 1.1 is a copy of such Amended Constitution.

 

Attached to this Report as Exhibit 99.1 is a copy of the press release dated November 14, 2025 titled “SMX Announces Effective Date of Reverse Stock Split.”

 

Exhibit Number   Description
1.1   Public Limited Company Constitution of SMX (Security Matters) Public Limited Company Memorandum of Association
99.1   Press release dated February 12, 2026

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: February 12, 2026

 

  SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY
   
  By: /s/ Haggai Alon
  Name: Haggai Alon
  Title: Chief Executive Officer

 

 

 

 

 

Exhibit 99.1

 

SMX Announces Effective Date of Reverse Stock Split

 

NEW YORK, February 12, 2026 — SMX (Security Matters) Public Limited Company (NASDAQ: SMX; SMXWW) (the “Company”), today announced that the reverse stock split of the Company’s ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on February 17, 2026 under the existing ticker symbol “SMX”. The new CUSIP number of the Company’s ordinary shares will be G8267K406 and the new ISIN code will be IE000B5COQZ5.

 

On May 2, 2025, the Company’s Shareholders approved a proposal to amend the Company’s constitution to allow the Company’s Board of Director’s to consolidate and/or divide all or any of the Company’s classes of shares as the Board of Directors sees fit. As such, Shareholder approval was not required to effect the reverse stock split.

 

The Company’s Board of Directors’ fixed the split ratio at 4.8828125:1, every 4.8828125 ordinary shares of the Company with a nominal value of $0.00000000002502543568 per share will be automatically combined into one (1) ordinary share with a nominal value of $0.00000000012219451015625 per share. This will reduce the number of outstanding ordinary shares of the Company from approximately 10 million to approximately 2 million.

 

Outstanding Company options, warrants and other applicable convertible securities, including the Company’s warrants listed on the Nasdaq Capital Market under the symbol SMXWW which will retain its existing CUSIP number, will be proportionately adjusted in accordance with their respective terms. No fractional shares will be issued in connection with the reverse stock split. Instead, the Company will aggregate the fractional entitlements of shareholders who otherwise would be entitled to receive fractional shares because they hold a number of ordinary shares not evenly divisible by 4.8828125 ordinary shares pursuant to the reverse stock split or they hold less than the number of ordinary shares which should be consolidated into one ordinary share pursuant to the reverse stock split and, to the extent possible, sell such aggregated fractional ordinary shares on the basis of prevailing market prices at such time.

 

Continental Stock Transfer & Trust Company is acting as exchange agent for the reverse stock split and will send instructions to any shareholders of record who hold stock certificates regarding the exchange of certificates. Shareholders with shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the reverse stock split reflected in their accounts on or after February 18, 2026. Such beneficial holders may contact their bank, broker, or nominee for more information. Continental Stock Transfer may be reached for questions at (212) 509-4000.

 

—Ends—

 

For further information contact:

 

SMX GENERAL ENQUIRIES

E: info@securitymattersltd.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, the Company’s ability to regain compliance with applicable Nasdaq standards or comply with the continued listing standards of Nasdaq even if the Company regains compliance. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX’s filings from time to time with the Securities and Exchange Commission.

 

 

FAQ

What reverse stock split did SMX (SMX) announce in its February 2026 filing?

SMX approved a reverse stock split where every 4.8828125 ordinary shares will be combined into one new share. This consolidation primarily changes the share count and nominal value per share, without altering each investor’s proportional ownership of the company’s equity.

How will SMX’s reverse stock split affect the number of outstanding shares?

The reverse stock split will reduce SMX’s outstanding ordinary shares from approximately 10 million to approximately 2 million. This reduction results from combining 4.8828125 pre-split shares into one post-split share across all outstanding ordinary shares of the company.

When will SMX shares begin trading on a post-reverse-split basis on Nasdaq?

SMX’s ordinary shares will begin trading on a reverse stock split–adjusted basis on February 17, 2026. Trading will continue on the Nasdaq Capital Market under the existing ticker symbol SMX, but with newly assigned CUSIP and ISIN security identifiers for the ordinary shares.

How is SMX handling fractional shares created by the reverse stock split?

SMX will not issue fractional shares in the reverse stock split. Instead, it will aggregate fractional entitlements from shareholders whose holdings are not evenly divisible by 4.8828125, then, to the extent possible, sell these aggregated fractions based on prevailing market prices at that time.

What happens to SMX options, warrants, and convertible securities after the reverse split?

All outstanding SMX options, warrants, and other applicable convertible securities will be proportionately adjusted following the reverse stock split. This includes the company’s Nasdaq-listed warrants trading under ticker SMXWW, which will retain their existing CUSIP while their terms adjust to reflect the new share ratio.

Do SMX shareholders need to take action for the reverse stock split?

Shareholders holding SMX shares in book-entry form or through a bank, broker, or nominee do not need to take action. The exchange agent, Continental Stock Transfer & Trust Company, will coordinate certificate exchanges and can answer questions from shareholders of record affected by the split.

Filing Exhibits & Attachments

2 documents
SMX SEC MATTERS PLC

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