Source - Alliance News

The Smarter Web Company PLC - Surrey, England-based provider of web design - announces a placing by Tennyson Securities and Peterhouse Capital Ltd to institutional investors at 180 pence per share. The accelerated bookbuild aims to raise a minimum of £15 million. Smarter Web says its growth strategy is focused on: organic growth opportunities around existing, established services; an acquisition strategy intended to accelerate scale; and the adoption of a bitcoin treasury policy into its strategy.

Current stock price: $2.68, up 4.3% in London on Friday

12-month change: nearly trebled

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