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The Smarter Web Company Completes Placement of 1.337 Million Common Shares
2025-10-20 06:22

The Smarter Web Company, a UK-based Bitcoin treasury company, announced the completion of the placement of 1,337,000 ordinary shares under the terms of the subscription agreement announced on September 4, 2025, for gross proceeds of £1,185,771.81 (before expenses), equivalent to approximately £0.89 per share. The Company expects to receive approximately 97% of the settlement proceeds early this week, leaving a balance of 13,878,000 ordinary shares outstanding under the subscription agreement.