SMX Announces $111.5M Equity Purchase Agreement with Target Capital 1, LLC

Core Insights - SMX (Security Matters) PLC has entered into an equity purchase agreement with Target Capital 1, LLC to secure funding for business development opportunities [1] - A portion of the net proceeds from the agreement will be used to acquire bitcoin or another cryptocurrency, pending mutual consent, to serve as a reserve asset for SMX [1] Group 1 - The equity purchase agreement aims to provide an efficient and flexible source of funding for SMX [1] - The agreement includes provisions for the acquisition of cryptocurrency as a reserve asset [1]