SC 13G 1 shn_13g.htm SCHEDULE 13G

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

SMX (Security Matters) Public Limited Company
(Name of Issuer)
 
Ordinary Shares, par value $0.165 per share
(Title of Class of Securities)
 
IE000IG23NR9
(CUSIP Number)
 
September 12, 2024
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

Rule 13d-1(c)

 

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities and Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 
 

 

 

CUSIP No. IE000IG23NR9   13G   Page 2 of 5 Pages

 

NAME OF REPORTING PERSONS
   
  S.H.N. Financial Investments Ltd.
2 CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP
 

 

(a)  

  (b)  
3 SEC USE ONLY
   
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Israel 
  5                  SOLE VOTING POWER
     
     230,859 (1)(2)(3)
NUMBER OF 6 SHARED VOTING POWER
SHARES    
BENEFICIALLY    0
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH REPORTING    
PERSON WITH    230,859 (1)(2)(3)
  8 SHARED DISPOSITIVE POWER
     
    0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
   230,859 (1)(2)(3)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 

 

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.99% (3)
12 TYPE OF REPORTING PERSON
 

 

OO (4)

       

 

  (1) Represents 230,000 Ordinary Shares purchased by the Reporting Person and, due to a 9.99% beneficial ownership limitation, 859 shares of the Issuer’s Ordinary Shares issuable upon the exercise of pre-funded warrants exercisable within 60 days.

 

  (2) Does not include 169,141 Ordinary Shares issuable upon the exercise of pre-funded warrants, which are subject to a 9.99% beneficial ownership limitation. Also does not include shares issuable under Series A Common Warrants and Series B Common Warrants, which are both subject to a 9.99% beneficial ownership limitation.

 

  (3) Based on 2,310,049 Ordinary Shares outstanding upon the closing of the private placement based upon the Issuer’s Prospectus on Form 424(b)(3) filed with the Securities and Exchange Commission (“SEC”) on October 28, 2024, and information from the Issuer’s broker.

 

  (4) The Reporting Person has not acquired the securities with any purpose, or with the effect, of changing or influencing the control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect, including any transaction subject to Rule 13d-3(b).

  

 

 
 

  

CUSIP No.  IE000IG23NR9   13G   Page 3 of 5 Pages

 

Item 1. Security and Issuer.

 

  (a) Name of Issuer:

 

SMX (Security Matters) Public Limited Company

 

 

(b)

 

Address of Issuer:

 

Mespil Business Centre, Mespil House

Sussex Road, Dublin 4, Ireland

 

Item 2. Identity and Background.

 

(a)  Name of Person Filing:
   
  S.H.N. Financial Investments Ltd.
   
(b)   Address of Principal Business Office or, if none, Residence:
   
 

Herzliya Hills

Arik Einstein 3, Israel, 4610301

   
(c) Citizenship or Place of Organization:
   
  Israel
   
(d) Title of Class of Securities:
   
  Ordinary Shares, par value $0.165 per share.
   
(e)  CUSIP Number:
   
  IE000IG23NR9

 

Item 3.

 

Not applicable.

 

 

 
 

 

 

CUSIP No. IE000IG23NR9   13G   Page 4 of 5 Pages

 

Item 4. Ownership.

 

  (a) The information required by Items 4(a)-(c) is set forth in Rows (5)-(9) and Row (11) of the cover page and is incorporated herein by reference.

 

  (b) The percentage set forth on Row (11) of the cover page for the reporting person is based upon 2,310,049 Ordinary Shares outstanding upon the closing of the private placement based upon the Issuer’s Prospectus on Form 424(b)(3) filed with the SEC on October 28, 2024, and information from the Issuer’s broker.

 

  (c) Nir Shamir is the Chief Executive Officer of SHN. As such, SHN and Mr. Shamir may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the securities described herein. To the extent Mr. Shamir is deemed to beneficially own such securities, Mr. Shamir disclaims beneficial ownership of these securities for all other purposes.

  

Item 5.

Ownership of 5 Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following

 

Item 6. Ownership of More than 5 Percent on Behalf of Another Person.

 

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 

Not applicable.

 

Item 8. Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9. Notice of Dissolution of Group.

 

Not applicable.

 

Item 10.

Certifications.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 
 

 

 

CUSIP No.  IE000IG23NR9   13G   Page 5 of 5 Pages

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct.

 

   
  By:    S.H.N. Financial Investments Ltd.
     
November 5, 2024 By: /s/ Nir Shamir
    Nir Shamir, Chief Executive Officer