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SMX (Security Matters) Public Limited Company (SMX): A Bear Case Theory

We came across a bearish thesis on SMX (Security Matters) Public Limited Company on Fugazi Research’s Substack. In this article, we will summarize the bears’ thesis on SMX. SMX (Security Matters) Public Limited Company's share was trading at $23.98 as of January 13th.

[caption id="attachment_518911" align="aligncenter" width="482"] Copyright: franckito / 123RF Stock Photo[/caption]

Security Matters Public Limited Company (SMX) is a Foreign Private Issuer listed on Nasdaq, domiciled in Ireland with operations in Israel, that has reported zero revenue in every SEC filing to date...