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Smarter Web Co PLC - Bristol, England-based web design agency - Kicks off its latest equity raise after the London market close on Wednesday, commissioning Tennyson Securities and Peterhouse Capital Ltd to conduct an accelerate bookbuild with institutional investors. The offer aims to raise at least £30 million at an issue price of 290 pence per share. Since adopting a bitcoin treasury policy, whereby it holds some cash reserves in bitcoin, Smarter Web Co has conducted a string of equity raises, including one announced on Monday for £3.8 million with a ‘single strategic investor’. That raise was at 495.00 pence per share. Smarter Web Co share price jumped from just 4.50p in April to as high as 500.00p on Friday last week, giving it a market capitalisation in excess of £1 billion on Aquis Stock Exchange. But it has fallen by more than 40% so far this week to close at 292.50p on Wednesday. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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