Foresight News reports that the London-listed technology company The Smarter Web Company has completed the placement of 2.043 million ordinary shares according to the subscription agreement announced on June 19, 2025, raising a total of approximately £2.612 million (before expenses), equivalent to an approximate price of £1.28 per share. The company will receive about 97% of the settlement funds early this week, while the remaining 548,800 ordinary shares are yet to be placed.