The Smarter Web Company sold shares via ATM facilities, raising approximately £593,000.
1 days ago
London-listed tech company The Smarter Web Company announced that since October 14, it has sold a combined 1,076,000 ordinary shares and 25 preference shares through ordinary share and preference share ATM facilities, raising a total of approximately £592,679. The average selling price of ordinary shares was £0.55 apiece, with net proceeds of roughly £579,850; preference shares fetched an average of £100 each, translating to net proceeds of around £2,475.
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