On April 21, The Smarter Web Company, a UK-based Bitcoin treasury firm, announced the completion of a private placement of 4,286,410 shares of common stock. The total amount raised from this placement is approximately £1.5374 million, equivalent to about $2 million, at a price of approximately £0.36 per share. The company expects to achieve a net gain of approximately 98.25%. There are currently 52,377,540 shares of common stock remaining under the subscription agreement that have not yet been placed.
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The Smarter Web Company Announces Completion of Common Stock Private Placement, Raising Approximately $2 Million
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