SMX (NASDAQ:SMX), known as Security Matters, is set to undergo a reverse stock split on February 17, 2026. This process will consolidate every 4 shares into 1, effectively reducing the number of shares available in the market. The reverse split aims to adjust the share price and potentially attract more investors by making the stock appear more valuable.
The reverse stock split was approved by SMX’s shareholders on May 2, 2025, granting the Board of Directors the authority to consolidate shares. The Board has decided on a reverse split ratio of approximately 4.88:1. This means that for every 4.88 shares currently held, shareholders will receive one new share. The shares will continue to trade under the ticker symbol “SMX” on the NASDAQ.
As highlighted by the company’s announcement, the new CUSIP number for SMX shares will be G8267K406, and the new ISIN code will be IE000B5COQZ5. These identifiers are crucial for tracking and trading the newly adjusted shares. The reverse split is part of SMX’s strategy to enhance its market position and improve the stock’s appeal to investors.
Currently, SMX’s stock is priced at $14.03, having experienced a significant decrease of 16.14% today, with a price drop of $2.70. The stock’s trading range for the day has been between $13.01 and $16.49. Over the past year, SMX has seen a high of $1,155.43 and a low of $1.04, indicating significant volatility in its stock price.
SMX’s market capitalization stands at approximately $136.25 million, with a trading volume of 2,131,967 shares. The reverse stock split is expected to impact these figures by reducing the number of shares available, potentially leading to changes in the stock’s market dynamics and investor perception.
