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SMX Announces 1-For-4.88 Reverse Stock Split

Benzinga·02/12/2026 14:27:59
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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.