Smith Micro raises $2.65M in offerings; CEO invests $1.5M

SMITH MICRO SOFTWARE, INC.

Total gross proceeds of ~$2.65M from two concurrent offerings; CEO Bill Smith commits $1.5M.
Registered offering: 1,714,373 shares + warrants at $0.6708/shr raises ~$1.15M.
Private placement: CEO buys 2,236,136 shares + warrants at $0.6708/shr for $1.5M.
Warrants exercisable at $0.6708; registered warrants vest after 6 months, private warrants need shareholder approval; 5-yr term.
Net proceeds for working capital and general corporate purposes; closings expected Nov 6, 2025.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

SMITH MICRO SOFTWARE, INC. issued 2,236,136 unregistered shares of the Company’s Common Stock of common stock to the Company’s Chief Executive Officer for at an offering price of $0.6708 per share.

Security: common stock
Shares: 2,236,136 unregistered shares of the Company’s Common Stock
Purchaser: the Company’s Chief Executive Officer
Consideration: at an offering price of $0.6708 per share

Exact text from the filing

the Company separately entered into a second securities purchase agreement (the “Private Placement Purchase Agreement”) with the Company’s Chief Executive Officer (the “Purchaser”) relating to a private placement transaction and sale of 2,236,136 unregistered shares of the Company’s Common Stock at an offering price of $0.6708 per share of Common Stock

View on SEC.gov

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

SMITH MICRO SOFTWARE, INC. issued up to an aggregate of 1,714,373 shares of Common Stock of warrant to certain institutional and accredited investors.

Security: warrant
Shares: up to an aggregate of 1,714,373 shares of Common Stock
Purchaser: certain institutional and accredited investors

Exact text from the filing

the Company also agreed to sell to the RDO Purchasers unregistered warrants (the “Common Warrants”) to purchase up to an aggregate of 1,714,373 shares of Common Stock

View on SEC.gov

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

SMITH MICRO SOFTWARE, INC. issued up to an aggregate of 2,236,136 shares of Common Stock of warrant to the Company’s Chief Executive Officer.

Security: warrant
Shares: up to an aggregate of 2,236,136 shares of Common Stock
Purchaser: the Company’s Chief Executive Officer

Exact text from the filing

the Company separately entered into a second securities purchase agreement (the “Private Placement Purchase Agreement”) with the Company’s Chief Executive Officer (the “Purchaser”) relating to a private placement transaction and sale of 2,236,136 unregistered shares of the Company’s Common Stock

View on SEC.gov

31 equity issuances filed in the last 30 days. Browse all equity issuances →

SMITH MICRO SOFTWARE, INC. filing history →

Source: SEC EDGAR

accession 0001437749-25-034101

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