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UK Listed Company The Smarter Web Company Completes Approximately £10.34 Million Financing
Summary: According to reports, UK listed company The Smarter Web Company announced that it has completed a £10.34 million (pre-tax) subscription financing, issuing 3,182,013 new ordinary shares at a price of £3.25 per share. The new shares are expected to be listed and effective on July 14th. Following this financing, The Smarter Web Company's total issued ...
According to reports, UK listed company The Smarter Web Company announced that it has completed a £10.34 million (pre-tax) subscription financing, issuing 3,182,013 new ordinary shares at a price of £3.25 per share. The new shares are expected to be listed and effective on July 14th. Following this financing, The Smarter Web Company's total issued shares will reach 259,649,448 shares, diluting existing shareholders (including board members) by approximately 5.46%.
Prior to this, The Smarter Web Company increased its holdings by 226.42 bitcoins on July 7th, bringing the total holdings to 1000 bitcoins.
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