SMX Bolsters Financial Strategy with Amended Equity Purchase Agreement

SMX has made significant amendments to its equity purchase agreement, solidifying its financial footing. The revised agreement enhances SMX's financial resources by adding $5 million in cash proceeds. This brings total available financing to $116.5 million and aligns with the company's long-term growth strategy. The agreement excludes toxic financing features, promoting stability as SMX prepares for global expansion.

Importantly, SMX anticipates no need for external financing until at least Q1 2027, allowing a focus on commercial growth without immediate capital concerns. Shareholder dilution is also minimized, with no share issuance expected until Q1 2026, preserving the existing share structure.

The agreement removes previous digital asset obligations, allowing SMX to allocate funds more effectively. This prudent financial management strengthens SMX's operational focus as it expands into new markets and industries.