The Smarter Web Company completed the placement of 2.043 million ordinary shares, raising £2.612 million

ChainCatcher news, the publicly listed technology company The Smarter Web Company announced that it has completed the placement of 2.043 million ordinary shares, raising approximately £2.612 million (before expenses), equivalent to an issue price of about £1.28 per share.

The company will receive approximately 97% of the settlement funds early this week, with the remaining 548,800 ordinary shares still pending placement completion.