Security Matters Announces Reverse Stock Split

Core Viewpoint - SMX (NASDAQ:SMX) is set to undergo a reverse stock split on February 17, 2026, consolidating every 4 shares into 1 to enhance its market position and attract more investors [1][2][3]. Group 1: Reverse Stock Split Details - The reverse stock split was approved by SMX's shareholders on May 2, 2025, with a ratio of approximately 4.88:1, meaning shareholders will receive one new share for every 4.88 shares held [2]. - The new CUSIP number for SMX shares will be G8267K406, and the new ISIN code will be IE000B5COQZ5, which are essential for tracking and trading the adjusted shares [3]. Group 2: Current Stock Performance - SMX's stock is currently priced at $14.03, having decreased by 16.14% today, with a price drop of $2.70, and has traded between $13.01 and $16.49 during the day [4]. - Over the past year, SMX has experienced significant volatility, with a high of $1,155.43 and a low of $1.04 [4]. Group 3: Market Capitalization and Trading Volume - SMX's market capitalization is approximately $136.25 million, with a trading volume of 2,131,967 shares [5]. - The reverse stock split is expected to impact these figures by reducing the number of shares available, potentially altering market dynamics and investor perception [5].