13reverse splits
1-for-29,679,113,626 cumulative
1.8M → 1.8Mshares issued (XBRL history)
Fresh Supplyfiling state
424B filed ~105d ago

Case Notes

Smx (security Matters) Public Ltd Co has 13 reverse splits on record — cumulative 1-for-29,679,113,626. No twelve-month share-count comparison is available in the XBRL record.

No stress-language filings on record in our dataset. However, 9 supply registrations (S-1/424B) appear in the last 12 months.

Registered shares exist to be sold — that is what the S-1 and 424B instruments document. In our research across this filing posture, freshly registered supply is the loaded state of the cycle: the paperwork has created the legal right to place shares into the market. That is not a prediction — it is what the filings say is possible.

Reverse Split Log

Each event consolidates shares — fewer shares, same market cap. Source: EDGAR corporate actions.

2023-08-211-for-18.0
2024-07-151-for-66.1
2025-01-151-for-28.4
2025-06-161-for-3.9
2025-08-071-for-6.6
2025-10-231-for-8.7
2025-11-181-for-5.0
2025-12-041-for-2.3
2025-12-051-for-2.4
2025-12-081-for-0.4
2026-02-171-for-4.5
2026-05-111-for-12.9
2026-06-011-for-2.5

Cumulative effective ratio: 1-for-29,679,113,626— a share held at inception is now worth 1/29,679,113,626 of its original fraction.

424B Supply Pulse

Prospectus supplements (424B5) filed registering shares for resale — each bar is one month with a filing. Bars above average signal active distribution windows. Source: SEC EDGAR.

01 05 06 07 08 09 10 11 12 01 02 03 05 06 07 09 10 12 01 02 03 07 08 09 10 11 12 01 02 03 04
2023-012023-052023-062023-072023-082023-092023-102023-112023-122024-012024-022024-032024-052024-062024-072024-092024-102024-122025-012025-022025-032025-072025-082025-092025-102025-112025-122026-012026-022026-032026-04

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