SMX Announces Equity Purchase Agreement with Target Capital 1, LLC

SMX (Security Matters) has agreed to a significant equity purchase deal with Target Capital 1, LLC, valued at $111.5 million. This strategic partnership aims to fuel SMX's business expansion, with part of the proceeds earmarked for acquiring cryptocurrency as a reserve asset. The terms include a convertible promissory note of $11.5 million and an equity line offering up to $100 million in ordinary shares.

The agreement provides SMX with control over share sales, while the investor manages promissory note conversions. No mandatory commitments or restrictions are imposed on SMX's operations. The closing is scheduled for December 2, 2025, pending standard conditions and is facilitated by RBW Capital Partners LLC.