SMX (Security Matters) Public Limited Company (SMXWW) Warrant
Each SMXWW warrant gives the holder the right to buy 1/3,454,231 share of SMX (Security Matters) Public Limited Company at $39,718,700 per share, until March 7, 2028. The stock last closed at $3.82, below the strike, so the warrant is out of the money. SMX (Security Matters) Public Limited Company has a market value of about $6.86M. There are 6.25M listed warrants; exercising all of them would add 0.0% to the 1.80M shares outstanding. The company can call the warrants if the stock trades at or above $8,397.
SMX vs strike, last 12 months
No share-price history for SMX yet.
Key terms
- Strike per share
- $39,718,700
- Shares per warrant
- 1/3,454,231
- Cash to exercise one warrant
- $11.50
- Expiry
- 2028-03-07
- Redemption trigger
- $8,397
- Cashless exercise
- allowed
- Break-even stock price
- $39,774,313
From the issuer's F-1/A (2026-02-27).
Company and stock
- Company
- SMX (Security Matters) Public Limited Company
- Underlying stock
- SMX
- Share price
- $3.82
- Market cap
- $6.86M
- Shares outstanding
- 1.80M
- Value of all listed warrants
- $100.62K (1.5% of market cap)
Market cap is the last share price times shares outstanding (as of 2025-12-31). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0161
- Price / model
Get Pro to see whether SMXWW is cheap or rich against our model.
Dilution
- Shares outstanding
- 1.80M
- Listed warrants
- 6.25M
- Dilution if all exercised
- 0.0%
Warrant count from filing notes, read by hand (medium): Public warrants (former Lionheart III Corp public warrants).
Filings and events
- Reverse split 1:2.285
- Reverse split 1:20
- Terms source: F-1/A
- Reverse split 1:4.8828125
- Reverse split 1:8
- Reverse split 1:10.89958
- Reverse split 1:7
- Reverse split 1:4.1
- Reverse split 1:28.5
- Reverse split 1:75
- Reverse split 1:22
Questions about SMXWW
When does the SMXWW warrant expire?
SMXWW expires on March 7, 2028.
What is the strike price of SMXWW?
$39,718,700 per share; each warrant converts into 1/3,454,231 share, so exercising one warrant costs $11.50.
Can SMX (Security Matters) Public Limited Company redeem the SMXWW warrants early?
Yes. The company can call them if the share price reaches $8,397 for the required period (usually 20 of 30 trading days).
How many SMXWW warrants are outstanding?
6.25M listed warrants, equal to 0.0% dilution if all are exercised.