Announced

Security Matters to go public via a SPAC merger with Lionheart III in a $360m deal.

Synopsis

Security Matters, an Australian technology company, agreed to go public via a SPAC merger with Lionheart III in a $360m deal. “Lionheart is honored to welcome SMX to our portfolio of diverse and exciting business endeavors. We recognize the vast business potential, contribution and value that SMX can bring to businesses across various industries and to the global community. Created from the Israeli security establishment, we believe SMX will be an industry leader and its technology will enable brands to enter or expand their operations into a circular economy, furthering global sustainability goals and enabling their customers' companies and brands to be leaders in their fields. We are excited to be part of SMX’s commercial blueprint and development," Ophir Sternberg, Lionheart CEO and Founder.

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