swc.guru
All announcements
ATM / subscriptionMonday, 20 October 2025 · 07:00

Subscription Agreement Update - £1.2m Proceeds

ATM: 1,337,000 shares placed for £1.19m (~89p); 13,878,000 remain unsold.

Subscription Agreement Update - £1.2m Gross Proceeds

The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London-listed technology company and the UK’s largest publicly traded company holding Bitcoin on its balance sheet, announces that 1,337,000 Ordinary Shares have been placed in accordance with the terms of the Subscription Agreement announced on 04 September 2025 (the “Subscription Shares”).

The gross proceeds from the placing of the Subscription Shares will be £1,185,771.81 (before expenses), equivalent to approximately £0.89 per share, and the Company will receive approximately 97% of the proceeds as settlement early this week. The balance of Ordinary Shares not yet placed pursuant to the Subscription Agreement is 13,878,000.

Provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. Reproduced from the company's published announcement after 19:00 UK on the day of publication; contact details and standard disclaimers omitted, see the official PDF for the complete text.