【Crypto World】The Smarter Web Company has just completed a stock placement. On January 15th (UTC+8), they allocated 3.265 million common shares according to the subscription agreement, raising a total of £1.673 million (pre-tax). In other words, the average price per share was approximately £0.51. This financing brought significant revenue to the company—after deducting fees, about 98.25% of the funds were received.
It is worth noting that, according to the agreement terms, nearly 60 million common shares remain unplaced, specifically 59.9755 million shares. This means there is still room for future financing. For investors, such financing activities often reflect the company’s operational needs and market enthusiasm.
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GasFeeTherapist
· 01-15 08:09
1.67 million pounds? That's not nearly enough for any Web3 company to burn through.
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PumpDoctrine
· 01-15 08:08
60 million shares haven't been released yet, is this holding back a big move?
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BearHugger
· 01-15 08:06
Hmm, 60 million shares haven't been released yet? This pace is quite interesting.
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ReverseFOMOguy
· 01-15 08:05
Wait, 60 million shares haven't been allocated yet? Is this setting up for a follow-up chop strategy...
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GasFeeCrying
· 01-15 08:04
Another funding news, this time with 60 million shares not yet released. It seems there might be more to come later.
The Smarter Web Company completed a £1.67 million stock placement, with an additional 60 million shares remaining to be released.
【Crypto World】The Smarter Web Company has just completed a stock placement. On January 15th (UTC+8), they allocated 3.265 million common shares according to the subscription agreement, raising a total of £1.673 million (pre-tax). In other words, the average price per share was approximately £0.51. This financing brought significant revenue to the company—after deducting fees, about 98.25% of the funds were received.
It is worth noting that, according to the agreement terms, nearly 60 million common shares remain unplaced, specifically 59.9755 million shares. This means there is still room for future financing. For investors, such financing activities often reflect the company’s operational needs and market enthusiasm.