The Smarter Web Company sold shares through an ATM facility, raising approximately £593,000.

London-listed technology company The Smarter Web Company announced that since October 14, it has sold a total of 1,076,000 common shares and 25 preferred shares through its common stock ATM facilities and preferred stock ATM facilities, raising a total of approximately £592,679. The average selling price for common shares was £0.55 per share, with net proceeds of approximately £579,850; the average selling price for preferred shares was £100 per share, with net proceeds of approximately £2,475.