Bitcoin Treasury Company The Smarter Web Company Announces Plans To Issue 21 Million Shares Of Common Stock

The Smarter Web Company will issue 21 million new ordinary shares under a subscription agreement with Shard Merchant Capital. The move increases the company’s capital base while diluting existing shareholders. The company continues to grow its Bitcoin treasury, with over $25.9 million in assets as part of its long-term strategy.

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Pardon Joshua
Pardon Joshua
Pardon Joshua is a seasoned crypto journalist with three years of experience in the rapidly evolving blockchain and digital currency space. His insightful articles have graced the pages of reputable publications such as CoinGape, BitcoinSensus, and CoinGram.us, establishing him as a trusted voice in the industry. Pardon's work combines in-depth technical analysis with a keen understanding of market trends, offering readers valuable insights into the complex world of cryptocurrencies.

The Smarter Web Company, a London-listed technology and Bitcoin treasury company, revealed plans to issue 21 million new ordinary shares of common stock

The company stated that the new subscription agreement is identical to a previous arrangement made on June 19th, 2025. 

This previous arrangement was successful in terms of delivering further new capital, and the company was confident the new content will bring them new capital as it was planned. 

The company also noted that the majority of ordinary shares issued under the June arrangement have now been fully subscribed, demonstrating the effectiveness of the offering and strong investor demand. 

If the relevant admission requirements are met, the new shares are expected to be admitted for trading on the Aquis Stock Exchange at 8:00 a.m. on or around September 9, 2025.

Subscription Agreement Details with Shard

On September 3, 2025, The Smarter Web Company PLC (the “Company”) signed a subscription agreement (the “Agreement”) with Shard Merchant Capital Ltd (formerly Shard Capital Partners LLP) (“Shard”), through Tennyson Securities, which acted as lead broker for the Company. 

Shards obtains 21 million new ordinary shares at par value. The Smarter Web Company plans to receive about 97% of those net proceeds from the sale of those shares, if any. 

Shard agrees to use reasonable endeavours to place the shares on the following bases: selling the shares not less than the previous day’s closing bid price; limiting selling to or less than 20% of the volume on any day.

Also Read: Coincheck’s Quarterly Loss Hits $98 Million Amid Sales Expenses; Shares Slip 7%

Market Impact and Voting Rights Update

Upon admitting the new shares, the overall number of ordinary shares in issue will rise to 290,556,453 ordinary shares of £0.001 each, and this will affect shareholder calculations under the Disclosure Guidance and Transparency Rules, FCA.

Director shareholdings will likewise be diluted: Andrew Webley and his family’s interest will reduce from 10.17% to 9.44%; Tyler Evans’ holding will reduce from 0.36% to 0.33%, and Sean Wade’s family interest will reduce from 0.28% to 0.26%.

As announced, the management, however, considered the move necessary for growth and capital raising, notwithstanding the dilution.

Also Read: Nasdaq-Listed CIMG Converts $55M Equity Sale Into 500 Bitcoin Treasury

Bitcoin Treasury Strategy and Growth Outlook

Since 2023, The Smarter Web Company has established itself as a unique entity in the Bitcoin treasury space. 

The company has been holding assets, reserves, and surplus cash in Bitcoin since then. 

As a result, on June 13, 2025, the company added an additional 74.27 BTC, approximately $8.11 million, to its treasury UnoCrypto reported

This purchase aids in supporting the company in its “Ten-Year Plan” to embed Bitcoin into its long-term business, operational, and financial plans. 

The company recognizes that Bitcoin ultimately serves as a store of value and a source of growth, despite it being heavily volatile, subject to regulatory uncertainty, and a risk to cyberattacks on the technology platform.

Also Read: Cathie Wood’s Ark 21Shares Sells 559.85 Bitcoin Worth $64.4 Million In Recent Trade

Business Profile and Investor Sentiment

The Smarter Web Corporation specializes in web design, web development, and online marketing services, as well as seeks to engage in acquisitions to enhance their clients in recurring revenue. 

The company is integrating organic growth with its planned acquisitions, enabling the firm to play dual roles as both a technology services company and a leader in bitcoin treasury adoption. 

Investors appear to be accepting the company, as recent trades of their OTC-listed shares (TSWCF) have turned at $1.59, up 7.43% on the day. 

SOURCE: Google Finance

Yet, management is continuously telling investors that while bitcoin exposure has the potential to be accretive, it entails focusing on risk to the company. 

With that in mind, we can see why transparency is crucial for the company as it grows in its market, driving shareholder value.

Also Read: Bgin Blockchain Cuts IPO Size To $5-$7 Per Share For 6M Shares at $685m valuation

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