OTCQB Application and Holdings after Fundraising
Submitted OTCQB application for US cross-trading; directors' holdings diluted 8.71% by recent fundraise of £2.24m.
- Capital raised £2.24 million
- Shareholder dilution 8.71%
- Andrew Webley & Family holding after fundraise 17.01%
- Tyler Evans holding after fundraise 0.60%
- Mario Visconti holding after fundraise 0.59%
- Sean Wade & Family holding after fundraise 0.48%
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The Smarter Web Company (AQUIS: SWC) is pleased to announce that it has submitted an application to the OTC Markets Group for its ordinary shares to be cross-traded publicly on the OTCQB Market in the United States.
Subject to approval, this listing would enable greater accessibility for North American investors and marks a significant step in expanding the Company's international presence.
This initiative aligns with the Company's strategic goal of delivering shareholder value and increasing its global profile.
The decision follows numerous enquiries and expressions of interest from U.S. based investors seeking the ability to invest in the Company.
The cross-trading on the OTCQB is expected to open new avenues for shareholder growth and broaden our investor base across a key global market.
It is expected that approval and admission to trading will take approximately 30 working days from the date of this announcement. A further announcement will be made in due course.
Andrew Webley, CEO of The Smarter Web Company said: "While our core focus remains on building a strong, UK-based business, we are seeing global interest in our Company.
Enabling access for North American investors through the OTCQB is a natural step in broadening our reach.
We are committed to delivering long-term shareholder value and believe that improving accessibility to our shares globally makes this a strategically sound and timely initiative.
We've already become the most liquid stock on the Aquis Exchange in our short time as a public company, and this cross-trading arrangement is expected to enhance that liquidity even further."
Directors Share Holdings
Following a successful fundraise, announced on 08 May 2025, the Company announces updated percentages relating to the Directors' share holdings. The fundraise resulted in an 8.71% dilution for existing shareholders, including the Directors, offset by a capital injection of approximately £2.24 million (before expenses).
| Name | Holding Before | Holding After | % Before | % After |
|---|---|---|---|---|
| Andrew Webley & Family (including those held by Joanna Webley) | 27,378,732 | 27,378,732 | 18.64% | 17.01% |
| Tyler Evans | 960,000 | 960,000 | 0.65% | 0.60% |
| Mario Visconti (including those held as 123 Accounting Solutions Ltd) | 950,000 | 950,000 | 0.65% | 0.59% |
| Sean Wade & Family (including those held as Keysford Ltd) | 767,346 | 767,346 | 0.52% | 0.48% |
| Visit our website: https://www.smarterwebcompany.co.uk | ||||
| Follow us on X: https://x.com/smarterwebuk | ||||
| The Smarter Web Company CEO Andrew Webley | +44 (0) 117 313 0459 | |||
| Tennyson Securities Lead Broker Peter Krens | +44(0) 207 186 9030 | |||
| Peterhouse Capital Limited Aquis Stock Exchange Corporate Adviser Guy Miller Aquis Stock Exchange Corporate Broker Lucy Williams / Duncan Vasey | +44 (0) 207 469 0930 | |||
The Directors of the Company accept responsibility for the contents of this announcement.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.