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Smarter Web Company Signs New 21M Share Subscription Agreement

Smarter Web Company Signs New 21M Share Subscription Agreement

coinfomaniacoinfomania2025/09/04 20:15
By:coinfomania

The Smarter Web Company has signed a fresh subscription agreement covering 21 million new ordinary shares. The agreement, announced through a regulatory filing. It mirrors the terms of a similar deal signed on June 19, 2025. Management noted that the June subscription agreement had been effective in raising capital. With most shares from that deal already placed. 

The company believes the renewed arrangement will further strengthen its financial position as it pursues expansion. Trading in the new shares on the Aquis Stock Exchange is expected to begin around September 9. This is subject to admission becoming effective. Once issued, the shares will be fully paid and rank equally with the existing stock.

Terms of the Subscription

The deal was signed on September 3, with Shard Merchant Capital Ltd. Tennyson Securities, the company’s lead broker and part of the Shard Group, has arranged the facility. Under the agreement, Smarter Web Company will issue the 21 million shares at par value. Shard will then use reasonable endeavours to place the shares, subject to two conditions. 

The sale price cannot fall below the previous day’s closing bid. Its daily volume must remain below 20% of overall trading activity. The arrangement provides Smarter Web Company with roughly 97% of the net proceeds from the sales. The ensuing capital is directed toward growth initiatives. Following admission, the company will have 290,556,453 shares outstanding. It’s a figure that shareholders can use to calculate voting rights under regulatory rules.

Impact on Shareholdings

The new issuance will slightly dilute the holdings of existing directors. According to the filing, Chief Executive Andrew Webley and family will see their combined stake fall from 10.17% to 9.44%. Tyler Evans’ holding will reduce from 0.36% to 0.33%. While Sean Wade and family will see their position ease from 0.28% to 0.26%. The company said the dilution is balanced by the capital inflow. They noted, additional funds will provide flexibility as it pursues both organic and acquisition-driven growth.

Strategic Focus and Growth Plans

Smarter Web Company provides web design, development, and online marketing services to a growing client base. Its model relies on upfront fees, annual hosting charges, and optional monthly marketing support. Management views these services as core growth drivers. It is supported by opportunities in strategic acquisitions. The company maintains a cautious approach to acquisitions. They are targeting businesses that can expand their client roster.

Since 2023, Smarter Web has also accepted payment in Bitcoin. This aligns with its long-term belief in digital assets . Earlier this year, the company outlined a 10-year plan that integrates a Bitcoin Treasury Policy into its strategy. The board views cryptocurrency as part of the broader financial future. They believe holding Bitcoin enhances the firm’s resilience while appealing to a modern client base.

Recent Developments Strengthen Position

The subscription agreement comes at a busy time for the company. On September 1, Smarter Web Company announced the appointment of Albert Soleiman as CFO and executive director. Soleiman’s arrival reflects the company’s focus on strengthening governance. Also, the financial management as it scales operations. At the same time, the firm’s community presence has grown significantly. 

CEO Andrew Webley recently noted that the company’s community now includes more than 4,200 members. The group provides research and insights while maintaining an interactive, light-hearted culture. With new capital secured and growing community support, Smarter Web Company positions itself for its next stage of expansion. Investors will now watch how effectively management deploys proceeds from the subscription.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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