SMX Regains Compliance with Nasdaq Rules

SMX (Security Matters) PLC has successfully regained compliance with Nasdaq's Listing Rules 5550(a)(2) and 5620(a). This follows a decision by a Nasdaq Hearings Panel on February 13, 2025. SMX, a company focused on digitizing physical objects for a circular economy, will thus maintain its listing without facing delisting.

The rules in question involve the Bid Price Rule and the Annual Shareholder Meeting Rule. SMX's ordinary shares and public warrants will continue to be traded on the NASDAQ, securing its exchange presence.

As the company navigates challenges related to carbon neutrality and regulatory compliance, this development is a positive step for its financial standing and operational strategy. SMX continues to explore marking, tracking, measuring, and digital platform technologies, focusing on success tied to a low-carbon economy.