The Smarter Web Company Raises £592,679 Through Share Sales
Photo: TokenPost
The London-listed Smarter Web Company sold 1,076,000 ordinary shares and 25 preferred shares through its at-the-market facilities since Oct. 14, raising £592,679 in gross proceeds. The company separately completed a £10 million preferred-share offering. It plans to use £4 million from that offering for additional Bitcoin (BTC) purchases and £3,846,006 for working capital and dividend reserves, as detailed in its completed offering . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
