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.

item 1.01item 3.02item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.