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Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman LLP Represents EF Hutton LLC in Successful Underwritten Public Offering for SMX (Security Matters) PLC

Congratulations to SMX (Security Matters) PLC (NASDAQ: SMX; SMXWW) on the closing of its underwritten public offering. The offering comprised 12,124,666 ordinary shares (the "Shares") at a public offering price of $0.24 per share, along with pre-funded warrants to prevent the beneficial ownership of purchasers from exceeding 4.99% of ordinary shares. Lucosky Brookman LLP is proud to have represented EF Hutton LLC, the sole book running manager for the transaction.

The offering, which also included Pre-Funded Warrants initially convertible on a 1-for-1 basis into ordinary shares, was met with considerable investor interest, resulting in aggregate gross proceeds of approximately $2.9 million. This achievement underscores the confidence investors have in SMX's strategic vision and growth prospects.

SMX, a company listed on the NASDAQ under the ticker symbols SMX and SMXWW, specializes in innovative solutions for security and authentication matters. With a focus on cutting-edge technology, SMX is at the forefront of revolutionizing security protocols across various industries.

EF Hutton LLC played an important role in orchestrating the offering, leveraging its expertise and market insight to ensure its smooth execution. As the sole book running manager, EF Hutton LLC demonstrated its commitment to delivering value for its clients and facilitating strategic opportunities for companies like SMX.

Congratulations to all parties involved.