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Security Matters: Appoints ClearThink Capital for strategic tech review
FinTechFunding
Less than 1 min.Read

Security Matters: Appoints ClearThink Capital for strategic tech review

Steve Sam
By Steve Sam

Security Matters Appoints ClearThink Capital for strategic tech review

  • Security Matters (SMX) signs on ClearThink Capital to complete a strategic review of the SMX business in a bid to find expansions and growth opportunities for its tech
  • ClearThink, through its strategic review, will work to identify and assess opportunities to accelerate growth in SecurityMatters’ technological applications and offerings
  • Specifically, SMX says it will work with ClearThink to review all feasible funding options for the SMX tech and assess potential markets that support new technologies
  • SMX says the timeline for the outcome of ClearThink’s strategic review is still uncertain, and there’s no guarantee the review will result in any transactions or revenue increases
  • Shares in SecurityMatters are down 8.33 per cent to 22 cents each at 3:20 pm AEDT

 

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