SMX and Ybyrá Capital Progress Towards Transformative Partnership

SMX Ltd. (NASDAQ:SMX), known for its innovations in digitizing physical objects, has provided an update on its ongoing business combination with Ybyrá Capital S.A. The latest 6-K filing confirms significant strides since the Heads of Agreement finalized in December 2024. This potential deal is set to expand SMX's influence in emerging markets, notably through collaboration with Ybyrá in South America's commodities and real estate sectors.

The partnership aims to leverage SMX's molecular marking technology with Ybyrá's infrastructure to address sustainability and traceability challenges. The combination anticipates new revenue streams, focusing on Brazil's commodity exports. Both firms are committed to aligning the deal with U.S., Brazilian, and Nasdaq regulations. An independent evaluation of Ybyrá's assets, valued over $1 billion, supports this effort.

Despite uncertainties around the closing date, the transaction is expected to conclude in the first half of 2025, pending regulatory and shareholder approvals. This agreement has the potential to set new standards for global trade value creation and sustainability.