SMX Announces Receipt of Nasdaq Listing Deficiency Notice
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SMX (Security Matters) PLC received a Nasdaq listing deficiency notice for not holding an annual general meeting within the required timeframe. The company plans to address this by holding a meeting in February 2025.
January 10, 2025 | 10:15 pm
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SMX received a Nasdaq deficiency notice for failing to hold an annual general meeting within the required timeframe. The company plans to hold the meeting in February 2025 to address this issue.
The deficiency notice from Nasdaq indicates a regulatory compliance issue, which can negatively impact investor confidence in the short term. However, the company's plan to hold the meeting in February 2025 shows a proactive approach to resolving the issue.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100