Regulation FD Disclosure Form 8 K

ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

Closing on Acquisition Agreement withChainTrade, LTD

On June 21, 2024, 2024, SMC Entertainment, Inc., (the "Company") closed on the May 30, 2024 Acquisition Agreement (the "Acquisition Agreement") with ChainTrade, LTD ("ChainTrade"), to purchase 100% of the assets of ChainTrade's AI-powered Trading Platform (the "Platform").

Chaintrade, a UK-registered and licensed Fintech company. is a joint Venture between Plato Data Intelligence and Redmatter.Capital and was built to revolutionize trading and investing by leveraging AI's predictive capabilities. The Platform allows users to trade Equities, ETFs, Commodities, and Indices with the support of a personalized AI-powered trading assistant. The Platform, ready for commercial launch, was built to revolutionize trading and investing by leveraging AI's predictive capabilities. This will improve research, risk management and asset allocation. The Platform provides personalized and custom investment strategies and utilizes AI to evaluate assets within a portfolio.

Under the terms of the Acquisition Agreement, the Company purchased the ChainTrade Assets in exchange for an $8,000,000 promissory note, with a term of 18 months, and a 5% interest rate. The Note is convertible into shares of the Company's Common Stock at $1 per share. The Company has also committed to provide total working capital of $500,000, in tranches, over 18 months.

The foregoing description of the Acquisition Agreement in Item 2.01 is qualified by the terms of the full text of the Acquisition Agreement filed herein as Exhibit 10.1 and the terms thereof are incorporated herein by reference.