NEW YORK CITY, NEW YORK / ACCESS Newswire / January 8, 2026 / For companies operating at the intersection of sustainability and supply-chain technology, financial structure is increasingly part of the story. SMX (NASDAQ:SMX; SMXWW), a firm focused on material traceability, recently cleared a notable hurdle by converting more than $20 million in outstanding convertible notes into equity. The move removes a class of debt that can weigh on smaller public companies, particularly those working in capital-intensive or regulation-driven sectors.