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The Smarter Web Company Announces Completion of 2,043,000 Common Stock Placement

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2025-09-08 06:05:04
The Smarter Web Company, a publicly traded technology company headquartered in London, announced that it has completed the placing of 2,043,000 ordinary shares ("Subscription Shares") under the terms of the Subscription Agreement announced on June 19, 2025.
The total proceeds raised from the subscription share placement were £2,612,340 (before fees), equivalent to approximately £1.28 per share, and the company will receive approximately 97% of the funding settlement at the beginning of the week. According to the subscription agreement announced on June 19, 2025, the outstanding balance of ordinary shares placed is 548,799.
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