Security Matters will adjust its share count and trading symbol following a board-approved reverse stock split next year.
Security Matters (SMX) announced its reverse stock split will take effect on June 1, 2026. Shares will begin trading on a post-split basis under the same ticker symbol, SMX, following the adjustment.
The company’s board previously approved the split ratio, though the exact figure was not disclosed in the announcement. Reverse stock splits are typically used to boost share prices by reducing the number of outstanding shares.
No immediate market reaction was reported following the announcement.