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NEW YORK, NY / ACCESS Newswire / August 5, 2025 / SMX (Security Matters) PLC (NASDAQ:SMX), a company transforming supply chain transparency through technology that links physical products to tamper-proof digital records, announced in its latest 6-K filing that it has entered into a Securities Purchase Agreement with institutional investors for $11 million. This agreement could bring SMX’s total capital raised in 2025 to approximately $20 million, pending full execution of all funding tranches.

This financing sends a strong message: even in one of the most difficult microcap climates in recent years, institutional investors are backing SMX’s long-term vision, proprietary technology, and operational momentum with meaningful capital.

Structured across four tranches, the deal is designed to tie funding directly to SMX’s execution milestones. No equity is issued upfront; instead, shares are only created upon conversion, with robust safeguards in place to prevent excessive ownership concentration and minimize daily market impact.

The proceeds will give SMX a significant working capital cushion, enabling the company to fast-track several key strategic initiatives:

• Expansion of its digital platform that connects physical goods to digital records – enabling traceability, authentication, and compliance across sectors such as gold and precious metals, luxury fashion (e.g., handbags and footwear), semiconductors and electronic components, and agricultural commodities like coffee and natural rubber. SMX’s platform not only protects supply chains and prevents counterfeiting, but also enhances material efficiency, reduces ESG compliance hurdles, and brings cost-effective clarity to emerging tariff enforcement rules – transforming regulatory complexity into operational advantage.

• Buildout of its digital treasury infrastructure, designed to transform verified, traceable physical materials-such as recycled plastics, metals, textiles, and agricultural inputs – into financial-grade ESG assets. This platform will allow companies to digitize sustainability actions and convert them into authenticated, tradeable units of value. By doing so, SMX intends to unlock an entirely new class of sustainable financial instruments that can be audited, traded, and reported – providing transparency to regulators, confidence to investors, and new monetization pathways for businesses participating in the circular economy.

• Strengthening the balance sheet by reducing liabilities, enhancing SMX’s capital structure and operational agility. This improved financial positioning supports future strategic partnerships, enables faster decision-making, and ensures the company is focused on growth, execution, and shareholder value.

This infusion of growth capital, secured to accelerate scaled execution, reflects strong conviction – not only in SMX’s vision, but in its capacity to follow through. Notably, the financing was structured without warrants, a clear indicator of investor alignment and a commitment to preserving long-term shareholder value.

Though any convertible arrangement brings eventual dilution, SMX emphasizes that such impact is shared equally across all shareholders – including its leadership. The team remains firmly aligned with investors in its pursuit of building durable, scalable value.

Further details are available in the Form 6-K filed with the SEC on August 5, 2025, at smx.tech/sec-filings.

About SMX

As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company’s fight against abusive and possibly illegal trading tactics against the Company’s stock; successful launch and implementation of SMX’s joint projects with manufacturers and other supply chain participants of gold, steel, rubber and other materials; changes in SMX’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX’s ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX’s ability to successfully and efficiently integrate future expansion plans and opportunities; SMX’s ability to grow its business in a cost-effective manner; SMX’s product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX’s business model; developments and projections relating to SMX’s competitors and industry; and SMX’s approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX’s filings from time to time with the Securities and Exchange Commission.

EMAIL: info@securitymattersltd.com

SOURCE: SMX (Security Matters) Public Limited

View the original press release on ACCESS Newswire

AUSTIN, TEXAS / ACCESS Newswire / August 5, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) (“TRNR” or the “Company”), maker of innovative specialty fitness equipment under the CLMBR, FORME and Wattbike brands and pending acquirer of Sportstech, today announced it will release financial results for its second quarter ended June 30, 2025 before the market opens on Thursday, August 14, 2025. Following the filing of its Form 10-Q, the Company as usual will publish a shareholder letter that discusses the results and business outlook.

In addition to customary quarterly disclosures, management expects to provide an update on the pending Sportstech acquisition and the Company’s previously announced purchase of $FET tokens for its AI-focused Digital Asset Treasury Strategy.

For more commentary, information and details of TRNR’s strategy, as well as to sign up for direct updates, see the Company’s investor website, latest FAQs and required filings with the US Securities & Exchange Commission (SEC).

View the original press release on ACCESS Newswire

NEW YORK, NY / ACCESS Newswire / August 5, 2025 / As enterprises wrestle with ballooning regulatory obligations and costly third-party risk, Vendict, the AI-native platform transforming enterprise GRC (Governance, Risk, and Compliance), today announced a $10 million Series A funding round led by new investors Moneta VC and JAL Ventures. Existing backers, including NFX, Cardumen Capital, Disruptive AI, and Cyber Club London, also participated, with several investing beyond their pro-rata allocations, reaffirming strong conviction in the company’s mission and market position. The latest funding brings Vendict’s total capital raised to $20 million.

Modern GRC Requires Modern Infrastructure

GRC has become one of the most time-intensive, documentation-heavy functions in enterprise operations. Most organizations still rely on people power to manage the growing burden: manually parsing frameworks, mapping controls, and managing documentation across audits and assessments. These workflows are no longer sustainable.

While there’s much debate about whether AI can replace humans, Vendict is offering a more grounded and empowering path forward: a platform that equips GRC professionals with AI-native capabilities that eliminate manual grunt work and enable them to operate at 10x the speed with full traceability and minimal hallucinated outputs.

It’s not just about moving faster. Today’s GRC leaders face 10x more work due to a surge in regulations, sprawling third-party ecosystems, and the organization’s declining risk appetite. In this environment, speed isn’t enough. Teams must complete the work properly, not just tick boxes, thereby turning compliance into a strategic advantage.

With over 100 customers acquired in under three years, most of them switching from legacy or manual solutions, Vendict is proving that compliance doesn’t have to be slow, complex, or expensive.

“Compliance shouldn’t be spending their time copy-pasting across spreadsheets,” said Udi Cohen, Vendict Co-founder and CEO. “They should be steering strategy, managing risk, and earning trust. That’s what Vendict enables. We built our platform on language models, knowledge graphs, and continuous feedback loops so it doesn’t just generate answers but also understands context, explains its reasoning, and delivers results executives can trust.”

Elevating GRC to a Strategic Function

Modern GRC teams aren’t just check-the-box operators; they’re expected to move at the speed of the business, matching the pace of developers, sales teams, and product launches.

Vendict gives them the tools to do just that. By removing bottlenecks, ensuring verifiable outputs, and eliminating the grunt work that drags teams down, Vendict helps GRC professionals operate as strategic enablers, not operational overhead. This isn’t about automation for its own sake. It’s putting compliance at the center of the company, where modern GRC rightfully belongs.

The Core of Vendict’s Platform

The Vendict platform functions like an intelligent extension of the GRC team, enabling organizations to instantly and accurately respond to security questionnaires, perform gap analyses across compliance frameworks (like SOC 2, ISO 27001, GDPR, DORA, and ESG), evaluate third-party risks, and produce source-backed responses without friction or rework.

Unlike traditional tools that require manual input or rigid configuration, Vendict’s adaptability to each organization’s unique environment reassures users. The result is a shift from static processes to a dynamic, responsive model that accelerates processes and elevates teams.

What used to be a time-consuming process of days or weeks of manual effort is now completed in a fraction of the time, freeing up GRC teams to focus on strategic initiatives rather than process management.

“Vendict’s automation eliminated the manual work involved in responding to these lengthy questionnaires,” said Raul Zayat Galante, CISO at Orca Security. “The platform understood our documentation and produced consistent, accurate responses every time, giving us back hours of our day to work on critical security-related tasks. The time savings were remarkable-we could focus more on security and less on paperwork. Vendict made the whole process smoother, and our clients appreciated the speed and accuracy of our responses.”

Built for Trust. Engineered for Scale.

In a noisy landscape of automation wrappers and AI bolt-ons, Vendict stands apart with a platform that ensures every response is accurate, explainable, and tied to source evidence. It’s not just about speed. It’s about trust at scale.

That foundation is resonating with investors and industry leaders alike.

“While competitors try to retrofit AI into legacy systems, Vendict is built from the ground up with intelligence at the core,” said Gonzalo Martínez de Azagra, Founder & General Partner at Cardumen Capital. “That native advantage shows up in their speed, accuracy, and customer wins. Vendict is proving that explainable, traceable AI is not just possible but an absolute necessity.”

Beyond the technology, Vendict’s timing is right for a market undergoing seismic change.

“The compliance space is undergoing a generational shift, and Vendict is perfectly positioned to lead it,” said Adoram Gaash, Co-Founder & Managing Partner at Moneta VC. “They’ve combined world-class AI with deep domain understanding to create a platform that’s not only powerful, but trusted.”

What makes Vendict even more formidable is the compounding strength of its growing network.

“We backed Vendict early because we saw something rare in GRC: a two-sided network effect,” said Gigi Levy-Weiss, General Partner at NFX. “As more tech buyers and tech vendors use Vendict, both sides benefit: buyers get faster, more accurate risk assessments, while vendors save time by reusing and refining their responses. Every interaction strengthens the platform, making it smarter, faster, and more trusted across the ecosystem.”

Why AI-Native Matters

The GRC platform market is projected to add $ 44.22 billion in new value between 2025 and 2029, as AI becomes table stakes for staying compliant. Yet 74 % of compliance leaders remain uneasy relying on AI alone, worried about errors and the effort required to implement it.

This disconnect between AI’s promise and practitioners’ trust is exactly what Vendict addresses by ensuring its platform not only automates but also explains, validates, and justifies every output. Platforms retrofitting AI onto legacy systems often struggle, lacking the visibility and cohesion needed for trustworthy automation. They result in risky shortcuts, unreliable answers, and outputs that can’t be validated. In contrast, Vendict was built AI-native from day one, with intelligence deeply woven into the architecture and not bolted on after the fact.

That core difference enables real-time adaptability, contextual understanding, and traceability. It’s not just a technical distinction but is quickly becoming the difference between staying competitive and falling behind.

“One of the most overlooked advantages of building AI-native is the ability to retrain and optimize models based on proprietary feedback loops continuously. At Vendict, our architecture doesn’t just consume data; it learns from user interaction patterns, approval workflows, and decision boundaries in real-time. This creates a self-reinforcing system that becomes more precise and context-aware with every compliance cycle. That kind of adaptive intelligence simply isn’t possible when AI is retrofitted into a legacy stack,” says Michael Keslassy, Vendict’s CTO.

With Vendict, every output is context-aware, explainable, and backed by source evidence, helping GRC teams move faster while staying fully in control.

AI-Native in Action

Unlike legacy players bolting chatbots onto rule‑based engines, Vendict was engineered end‑to‑end for language‑model reasoning. That distinction shows up in day‑one results:

• 100 % traceability: every answer links back to canonical evidence, eliminating audit guesswork.

• From 6 days to 6 minutes: automated responses to security questionnaires and due‑diligence requests.

• 90 % cut in manual control testing through continuous gap analysis across SOC 2, ISO 27001, GDPR, DORA, ESG, and more.

About Vendict

Vendict is an AI-native compliance platform that empowers companies to automate and accelerate their GRC processes, from security questionnaires and risk assessments to regulation mapping and audit readiness. Used by leading tech-forward brands, Vendict helps GRC teams eliminate repetitive work, reduce time-to-trust, and become the revenue accelerators of their organizations.

Media Contact:

omri@omrihurwitz.com

SOURCE: Vendict

View the original press release on ACCESS Newswire

NEW YORK, NY / ACCESS Newswire / August 5, 2025 / SMX (Security Matters) PLC (NASDAQ:SMX), a company revolutionizing supply chain transparency through technology that connects physical goods to secure digital records, today announced in a 6-K filing the signing of a Securities Purchase Agreement with institutional investors for up to $11 million in convertible note financing. With this transaction, SMX’s total capital raised in 2025 can reach approximately $20 million, pending full execution of all funding tranches.

This financing is a signal that even in one of the most challenging microcap environments in years, institutional investors are placing real capital behind SMX’s long-term strategy, technology, and execution.

Termed in four tranches, the structure ensures that capital is directly aligned with the strategic scale of the company. No equity is issued upfront; shares are only created through conversion, with strict protections in place to limit ownership concentration and daily market impact.

Proceeds from this financing will provide substantial working capital runway, allowing SMX to accelerate several critical initiatives:

• Expansion of its digital platform that connects physical goods to digital records- enabling traceability, authentication, and compliance across sectors such as gold and precious metals, luxury fashion (e.g., handbags and footwear), semiconductors and electronic components, and agricultural commodities like coffee and natural rubber. SMX’s platform not only protects supply chains and prevents counterfeiting, but also enhances material efficiency, reduces ESG compliance hurdles, and brings cost-effective clarity to emerging tariff enforcement rules-transforming regulatory complexity into operational advantage.

• Buildout of its digital treasury infrastructure, designed to transform verified, traceable physical materials-such as recycled plastics, metals, textiles, and agricultural inputs-into financial-grade ESG assets. This platform will allow companies to digitize sustainability actions and convert them into authenticated, tradeable units of value. By doing so, SMX intends to unlock an entirely new class of sustainable financial instruments that can be audited, traded, and reported-providing transparency to regulators, confidence to investors, and new monetization pathways for businesses participating in the circular economy.

• Strengthening the balance sheet by reducing liabilities, enhancing SMX’s capital structure, and operational agility. This improved financial positioning supports future strategic partnerships, enables faster decision-making, and ensures the company is focused on growth, execution, and shareholder value.

This growth capital, secured to drive execution at scale, reflects confidence and conviction-not just in SMX’s vision, but in its ability to deliver. Critically, it was raised with no warrants-a structure that signals investor alignment and reinforces long-term shareholder value.

While any convertible structure introduces dilution over time, SMX reminds investors that dilution impacts all shareholders equally, including insiders and leadership. The team remains fully aligned with shareholders in its mission to deliver lasting, scalable value.

Further details are available in the Form 6-K filed with the SEC on August 1, 2025, at smx.tech/sec-filings.

About SMX

As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company’s fight against abusive and possibly illegal trading tactics against the Company’s stock; successful launch and implementation of SMX’s joint projects with manufacturers and other supply chain participants of gold, steel, rubber and other materials; changes in SMX’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX’s ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX’s ability to successfully and efficiently integrate future expansion plans and opportunities; SMX’s ability to grow its business in a cost-effective manner; SMX’s product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX’s business model; developments and projections relating to SMX’s competitors and industry; and SMX’s approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX’s filings from time to time with the Securities and Exchange Commission.

Email: info@securitymattersltd.com

SOURCE: SMX (Security Matters)

View the original press release on ACCESS Newswire

NEW YORK, NY / ACCESS Newswire / August 5, 2025 / SMX (Security Matters) Public Limited Company (NASDAQ:SMX)(NASDAQ:SMXWW) (the “Company”), today announced that the reverse stock split of the Company’s ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on August 7, 2025 under the existing ticker symbol “SMX”. The new CUSIP number of the Company’s ordinary shares will be G8267K174 and the new ISIN code will be IE000TB5RTG4.

On May 2, 2025, the Company’s Shareholders approved a proposal to amend the Company’s constitution to allow the Company’s Board of Director’s to consolidate and/or divide all or any of the Company’s classes of shares as the Board of Directors sees fit. As such, Shareholder approval was not required to effect the reverse stock split.

The Company’s Board of Directors’ fixed the split ratio at 7:1, every seven (7) ordinary shares of the Company with a nominal value of $0.000000000000041 per share will be automatically combined into one (1) ordinary share with a nominal value of $0.000000000000287 per share. This will reduce the number of outstanding ordinary shares of the Company from approximately 9 million to approximately 1 million.

Outstanding Company options, warrants and other applicable convertible securities, including the Company’s warrants listed on the Nasdaq Capital Market under the symbol SMXWW which will retain its existing CUSIP number, will be proportionately adjusted in accordance with their respective terms. No fractional shares will be issued in connection with the reverse stock split. Instead, the Company will aggregate the fractional entitlements of shareholders who otherwise would be entitled to receive fractional shares because they hold a number of ordinary shares not evenly divisible by 7ordinary shares pursuant to the reverse stock split or they hold less than the number of ordinary shares which should be consolidated into one ordinary share pursuant to the reverse stock split and, to the extent possible, sell such aggregated fractional ordinary shares on the basis of prevailing market prices at such time.

Continental Stock Transfer & Trust Company is acting as exchange agent for the reverse stock split and will send instructions to any shareholders of record who hold stock certificates regarding the exchange of certificates. Shareholders with shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the reverse stock split reflected in their accounts on or after August 8, 2025. Such beneficial holders may contact their bank, broker, or nominee for more information. Continental Stock Transfer may be reached for questions at (212) 509-4000.

-Ends-

For further information contact:

SMX GENERAL ENQUIRIES

E: info@securitymattersltd.com

About SMX

As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions, or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example, the Company’s ability to regain compliance with applicable Nasdaq standards or comply with the continued listing standards of Nasdaq even if the Company regains compliance. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX’s filings from time to time with the Securities and Exchange Commission.

SOURCE: SMX (Security Matters)

View the original press release on ACCESS Newswire

NEW YORK, NY AND SINGAPORE / ACCESS Newswire / August 5, 2025 / SMX (Security Matters) PLC (NASDAQ:SMX)(NASDAQ:SMXWW), a leader in providing “physical to digital” solutions for a circular economy, today announced the execution and first closing of a securities purchase agreement with institutional investors for the purchase and sale of 12 month, convertible promissory notes for an aggregate purchase price of up to $11.0 million, in a private placement transaction.

The first closing was for a purchase price of $3,000,000, before deducting fees of the placement agent. The second closing of $3,000,000 is expected prior to the effective date of a Registration Statement on Form F-1 to register the ordinary shares of SMX underlying the convertible notes issued in the first and second closings. The third and fourth closings aggregate an additional $5,000,000 in gross proceeds to SMX and are subject to the conversion of all of the principal of the notes issued in the first and second closings and other closing conditions.

The Company expects to use the net proceeds from the offering for working capital and general corporate purposes, and to pay down certain outstanding indebtedness and other liabilities of the Company.

RBW Capital Partners LLC (a division of Dawson James Securities, Inc.) acted as the placement agent in connection with the offering. Aegis Capital Corp. acted as exclusive advisor with respect to the private placement. Ruskin Moscou Faltischek PC acted as transaction and securities counsel to the Company. Sichenzia Ross Ference Carmel LLP acted as counsel to the placement agent. Arthur Cox LLP acted as Ireland counsel to the Company.

The notes and the ordinary shares issuable upon the conversion of the notes have not been registered under the Securities Act of 1933, as amended, or any state securities laws and, until so registered, may not be offered or sold in the United States or any state absent registration or an applicable exemption from registration requirements.

Additional details regarding the notes and the transaction will be available in the Company’s Form 6-K, which will be filed with the U.S. Securities and Exchange Commission and available at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

For further information contact:

SMX GENERAL ENQUIRIES	Follow us through our social channel @secmattersltd
E:info@securitymattersltd.com	@smx.tech

About SMX
As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements
The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: the Company’s ability to satisfy the closing conditions for the planned second, third and fourth closings of its up to $11.0 million private placement; matters relating to the Company’s fight against abusive and possibly illegal trading tactics against the Company’s stock; successful launch and implementation of SMX’s joint projects with manufacturers and other supply chain participants of steel, rubber, plastic and other materials; changes in SMX’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX’s ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX’s ability to successfully and efficiently integrate future expansion plans and opportunities; SMX’s ability to grow its business in a cost-effective manner; SMX’s product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX’s business model; developments and projections relating to SMX’s competitors and industry; and SMX’s approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industries in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX’s filings from time to time with the Securities and Exchange Commission.

SOURCE: SMX (Security Matters)

View the original press release on ACCESS Newswire

VANCOUVER, BC / ACCESS Newswire / August 5, 2025 / Organto Foods Inc. (TSXV:OGO)(OTCQB:OGOFF), is pleased to announce that its shares will resume trading on the OTCQB Venture Market in the United States beginning August 5, 2025, under the ticker symbol “OGOFF.”

The Company’s return to the OTCQB marks a significant step forward in Organto’s strategic plan to expand its investor base in the U.S. and increase visibility in global capital markets. With renewed momentum, Organto plans to pursue an uplisting to the OTCQX, the highest tier of the OTC Markets, as its business evolves and it meets the required qualifications.

The Company’s shares remain eligible for electronic clearing and settlement in the United States through the Depository Trust Company (“DTC”). DTC is a subsidiary of the Depository Trust & Clearing Corporation, one of the world’s largest securities depositories, and manages the electronic clearing and settlement of publicly traded companies in the United States.

“Resuming trading on the OTCQB is an important milestone that reflects the continued progress we’ve realized as we have realigned and restructured our business over the last 20 months, laying a strong foundation for sustained growth, stability and a clear path to profitability. We’re passionately committed to building a world-class company serving the fast-growing healthy foods market, and in doing so creating lasting value for our partners, customers, team, and shareholders.” commented Steve Bromley, CEO and Co-Chair of Organto Foods Inc. “When combined with our current listing on the Toronto Venture Exchange (“TSX-V) we believe this relisting will provide broad exposure to U.S. investors and in turn will enhance visibility and liquidity.”

The OTCQB is a premier venture marketplace for entrepreneurial and developing US and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process. The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market and provides current public information to investors that need to analyze, value, and trade securities. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

ON BEHALF OF THE BOARD
Steve Bromley
Co-Chair of the Board and CEO

For more information, contact:
John Rathwell, Senior Vice President, Corporate Development
647 629 0018
info@organto.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

ABOUT ORGANTO
Organto is a leading provider of branded, private label, and distributed organic and non-GMO fruit and vegetable products using a strategic asset-lighter business model to serve a growing socially responsible and health-conscious consumers. Organto’s business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people, and its shareholders.

FORWARD LOOKING STATEMENTS
This news release may include certain forward-looking information and statements, as defined by law, including without limitation, Canadian securities laws and the “safe harbor” provisions of the US Private Securities Litigation Reform Act (“forward-looking statements”). In particular, and without limitation, this news release contains forward-looking statements respecting the Company’s belief that the return to the OTCQB marks a significant step forward in Organto’s strategic plan to expand its investor base in the U.S. and increase visibility in global capital markets; the Company’s belief that it will uplist to the OTCQX as its business evolved and meets required qualifications; the Company’s belief that it has made continued progress as its business has been realigned and restructured over the last 20 months, laying a strong foundation for sustained growth, stability and a clear path to profitability; the Company’s belief that its commitment to building a world-class company serving the fast-growing healthy foods market, should lead to creating lasting value for its partners, customers, team, and shareholders; and the Company’s belief that the OTCQB relisting will provide broad exposure to U.S. investors and in turn will enhance visibility and liquidity. Forward-looking statements are based on several assumptions that may prove to be incorrect, including, without limitation, the assumption that the Company’s relisting on the OTCQB is a positive development for the Company. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in forward-looking statements in this news release include, among others, uncertainty regarding the regulatory risks; risks related to market volatility and economic conditions; risks related to unforeseen delays; and risks that necessary financing will be unavailable when needed. For further information on these and other risks and uncertainties that may affect the Company’s business, see the “Risks and Uncertainties” and “Forward-Looking Statements” sections of the Company’s annual and interim management’s discussion and analysis filings with the Canadian securities regulators, which are available under the Company’s profile at www.sedarplus.ca. Except as required by law, Organto does not assume any obligation to release publicly any revisions to forward-looking statements contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: Organto Foods, Inc.

View the original press release on ACCESS Newswire

NEW YORK CITY, NY / ACCESS Newswire / August 5, 2025 / Earlier this year, Qollateral announced its new $10 million limit for same-day loans. The lending firm is now expanding the program to include luxury jewelry loans, backed by fine jewelry, diamonds, and even rare colored gemstones like rubies, emeralds, and sapphires. That program extends to both in-person service at Qollateral’s NYC headquarters and fully insured virtual lending for clients nationwide.

High-net-worth individuals are turning to more dynamic alternatives to traditional lending. Qollateral’s new $10 million limit meets the demand by providing those clients with confidential, same-day access to the capital they need without the hassles that come with bank loans. There is no credit check or income verification required. Just straightforward asset-backed lending on a broad variety of luxury jewelry.

Qollateral now accepts luxury jewelry, diamonds, and colored gemstones as collateral for asset-backed loans up to $10 million. The new limit is available to customers in NYC and nationwide.

Key Features of the Program:

• Loans up to $10 million secured by luxury jewelry and gemstones

• Same-day funding via bank wire, check, or cash

• Fully insured overnight shipping for virtual customers outside of NYC

• No credit check or income verification required

• Complimentary, no-obligation appraisals from skilled industry experts

• Private, in-person valuations are available at Qollateral’s NYC office, serving all five boroughs (Manhattan, Brooklyn, Queens, The Bronx, and Staten Island) and Long Island

Qollateral has Nationwide Reach, Based in NYC

In-person clients will meet with the Qollateral team inside its NYC headquarters in the prestigious International Gem Tower. The process is completely discreet and safe, serving clients strictly on an appointment-only basis. While based in NYC, services extend across the country to cities like Los Angeles, Miami, Houston, and Chicago. With Qollateral’s virtual nationwide program, anyone in the US can secure fast, high-value loans against jewelry, all backed by free and fully insured shipping.

Examples of Eligible Assets:

• Investment-grade diamonds graded by GIA, AGS, EGL, etc.

• High-value colored stones like rubies, emeralds, diamonds, and sapphires

• Branded jewelry from Cartier, Van Cleef & Arpels, Tiffany & Co., and more

• Large jewelry collections or family heirlooms

Qollateral is a Trusted Name in Luxury Lending

Qollateral has built its reputation in the luxury lending industry by prioritizing safety, confidentiality, and transparency. Every asset is fully insured throughout the loan process, from shipping and appraisal to storage. Furthermore, every asset is evaluated by a skilled appraiser with extensive experience in the industry. Their team knows how much luxury assets are worth and is dedicated to helping clients secure the highest possible offer.

Each client is met with respect and understanding, whether they’re borrowing against a cherished family heirloom, consolidating other luxury assets, or simply exploring alternatives to selling.

How to Get Started:

Whether in-person or remote, Qollateral makes it easy to secure jewelry and investment-grade diamond loans. Clients can book an appointment, receive a free jewelry appraisal, and get paid, all on the same day.

Jewelry loans: https://qollateral.com/jewelry-loans/

About Qollateral

Qollateral is the industry’s premier asset-backed lending firm, specializing in discreet, same-day financing secured by luxury assets such as high-end watches, fine jewelry, diamonds, and rare colored gemstones. Based in the heart of New York City’s Diamond District, the company provides fast, confidential luxury jewelry loans and compassionate, white-glove service to clients nationwide.

Interested readers can find out more by visiting Qollateral’s website Qollateral.com or contacting Qollateral https://qollateral.com/contact/ to book an appraisal.

Media contact:
Michael Manashirov
Qollateral
hello@qollateral.com
212-287-5257

SOURCE: Qollateral

View the original press release on ACCESS Newswire

MIAMI, FL / ACCESS Newswire / August 5, 2025 / Safe & Green Holdings Corp. (NASDAQ:SGBX) (“Safe & Green” or the “Company”), a leading developer of sustainable solutions and modular infrastructure, today announced that it has entered into a non-binding Letter of Intent to acquire Rock Springs Energy Group LLC, located in Rock Springs, Wyoming.

The transaction aligns with Safe & Green’s strategic initiative to build a fully integrated oil and gas company that includes exploration, production, refining, and related energy services, alongside its existing focus on sustainable infrastructure development.

Under the terms of the LOI, Safe & Green intends to purchase the refinery and its associated assets, permits, intellectual property, and related documentation. The proposed transaction is subject to a customary due diligence period of 60 days, finalization of a definitive purchase agreement, regulatory approvals, and other closing conditions.

The Company estimates the purchase price for the refinery to be approximately $35 million, with the final amount subject to confirmation through the due diligence process. The transaction is expected to be financed through a combination of debt and equity.

“This LOI reflects our strategic intent to explore opportunities that align with our vision for sustainable infrastructure and domestic energy independence,” said Mike Mclaren, CEO of Safe & Green Holdings Corp. “We look forward to evaluating the full potential of the Rock Springs facility and engaging with ownership to determine a path forward.”

As part of the LOI, the Seller has agreed to a 60-day exclusivity period during which it will not solicit or negotiate with other parties. Both parties have also agreed to maintain confidentiality regarding the terms of the LOI and all due diligence communications.

The LOI is non-binding and subject to the execution of a definitive purchase agreement, anticipated to follow the due diligence phase. The expected transaction timeline includes:

• LOI Execution: July 28, 2025

• Due Diligence Completion: 60 days post-execution

• Definitive Agreement: within 30 days of due diligence completion

• Closing: within 30 days after execution of the definitive agreement

The proposed acquisition would mark a significant step in Safe & Green’s broader growth strategy, pending successful due diligence and regulatory review.

About Rock Springs Energy Group
Rock Springs Energy Group is a Wyoming-based energy company developing a state-of-the-art modular crude oil distillation and storage facility. Strategically located near the Uinta Basin and key transportation infrastructure. The company specializes in converting low-cost feedstocks into high-value specialty fuels and chemical products such as paraffin, naphtha, and mineral spirits. With a focus on rapid deployment, environmental compliance, and off-take secured operations, Rock Springs Energy Group is positioned to capture market opportunities across the Rocky Mountain region.

About Safe & Green Holdings Corp.
Safe & Green Holdings Corp. (NASDAQ:SGBX) is a purpose-driven company focused on creating scalable infrastructure solutions across energy and construction sectors. The Company is actively building a fully integrated oil and gas platform encompassing exploration, production, refining, and related energy services, while continuing to expand its core business in sustainable building technologies and modular manufacturing. Safe & Green is committed to delivering flexible, fast-to-market solutions that support both traditional and next-generation infrastructure needs.

For more information, visit: www.safeandgreenholdings.com

Safe Harbor Statement
Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the execution of a non-binding letter of intent with Rock Springs Energy Group, LLC. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to successfully complete its due diligence review of Rock Springs Energy Group, the Company’s ability to successfully negotiate and execute definitive documents for the acquisition of Rock Springs Energy Group, the Company’s ability to maintain compliance with NASDAQ listing requirements, and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

For investor and media inquiries, please contact:
investors@safeandgreenholdings.com

SOURCE: Safe & Green Holdings Corp

View the original press release on ACCESS Newswire

Experienced Change Leader Joins as Senior Manager of M&A Integrations to Champion Seamless Transitions and People-First Growth

INDIANAPOLIS, IN / ACCESS Newswire / August 5, 2025 / WalkerHughes Insurance is pleased to announce the strategic hire of Alison Heitzman as Senior Manager of Mergers & Acquisitions (M&A) Integrations, reinforcing the company’s deep commitment to the long-term success of its acquired agencies.

This newly created role reflects WalkerHughes’ intentional investment in ensuring that every agency joining its growing network is not only integrated smoothly but also empowered to thrive. As a people-centric organization rooted in community values, WalkerHughes continues to prioritize thoughtful, human-centered growth, and Alison’s appointment is a key step in advancing that mission.

With more than a decade of experience leading complex organizational change, strategic communications, and business operations, Alison brings a rare combination of analytical insight and empathetic leadership. Her background includes senior roles at MetaPhase Consulting, as well as work at Professional Management Enterprises and Eagle Hill Consulting.

“As we continue to grow, it’s critical that we do so in a way that honors the legacy, culture, and people of the agencies that choose to join the WalkerHughes family,” said Benjamin Schoettmer, CEO. “Alison’s expertise in change management will be instrumental in helping us deliver on that promise.”

A certified Gallup CliftonStrengths Coach and Prosci Change Management Professional, Alison is known for her ability to drive data-informed decisions while fostering resilient, high-performing teams. Her leadership will be central to ensuring that integration efforts are not only operationally sound but also aligned with the values and vision of each agency.

“I’m honored to join WalkerHughes at such a pivotal moment,” said Heitzman. “This role allows me to combine my passion for strategic integration with my belief in people-first leadership. I’m excited to help our acquired agencies transition confidently and successfully into the WalkerHughes community.”

Alison’s arrival marks a significant milestone in WalkerHughes’ continued evolution as a forward-thinking insurance brokerage that values innovation, community connection, and the people who make it all possible.

About WalkerHughes Insurance

WalkerHughes is a privately held, founder-led retail insurance brokerage headquartered in Indianapolis, Indiana. The company provides commercial lines, personal lines, and employee benefits services, supported by integrated operations and proprietary technology. Since 2023, WalkerHughes has partnered with BW Forsyth Partners, a Missouri-based private investment firm with a long-term investment horizon. For more information, visit WalkerHughes.com.

Media Contact:

Jennifer Fishering
(314) 917-5260
j.fishering@walkerhughes.com

SOURCE: WalkerHughes Insurance

View the original press release on ACCESS Newswire