The Smarter Web Company Raises £592,679 Through ATM Facilities

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The Smarter Web Company, a London-listed technology firm, raised £592,679 through ATM facilities from October 14 to 22. The company sold 1,076,000 ordinary shares at £0.55 each, generating net proceeds of £579,850. It also sold 25 preference shares at £100 each, raising £2,475. On-chain data shows consistent trading activity during this period, indicating strong investor interest in the company’s capital-raising strategy.

BlockBeats news: On October 22, the London-listed technology company The Smarter Web Company announced that, since October 14, it has sold a total of 1,076,000 ordinary shares and 25 preferred shares through its ordinary share ATM facility and preferred share ATM facility, raising a total of approximately £592,679.


The average selling price of common shares was £0.55 per share, yielding a net proceeds of approximately £579,850; the average selling price of preferred shares was £100 per share, yielding a net proceeds of approximately £2,475.

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