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Smith Micro Software Secures $2.65M in New Funding

Story Highlights
  • Smith Micro entered into two securities purchase agreements on November 5, 2025.
  • The combined proceeds of $2.65 million will support working capital and corporate purposes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Smith Micro Software Secures $2.65M in New Funding

Meet Your ETF AI Analyst

The latest update is out from Smith Micro Software ( (SMSI) ).

On November 5, 2025, Smith Micro Software entered into two separate securities purchase agreements. The first agreement involved a registered direct offering with institutional and accredited investors, resulting in gross proceeds of approximately $1.15 million. Concurrently, the company engaged in a private placement with its CEO, Bill Smith, generating $1.5 million. The combined proceeds of $2.65 million are intended for working capital and general corporate purposes. These transactions are expected to strengthen Smith Micro’s financial position, with the closing of both offerings anticipated around November 6, 2025.

The most recent analyst rating on (SMSI) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Smith Micro Software stock, see the SMSI Stock Forecast page.

Spark’s Take on SMSI Stock

According to Spark, TipRanks’ AI Analyst, SMSI is a Underperform.

Smith Micro Software’s overall stock score reflects significant financial and technical challenges. The company’s financial performance is the most critical factor, with declining revenues, substantial losses, and negative cash flows. Technical analysis indicates bearish momentum, further weighing on the stock’s outlook. While strategic initiatives from the earnings call provide some hope for future improvement, the current situation remains challenging.

To see Spark’s full report on SMSI stock, click here.

More about Smith Micro Software

Smith Micro Software, Inc. develops software solutions aimed at enhancing the mobile experience, providing services to leading wireless service providers globally. The company focuses on enabling digital family lifestyles and offering advanced voice messaging capabilities, engaging consumers through smartphones and IoT devices.

Average Trading Volume: 518,391

Technical Sentiment Signal: Strong Sell

Current Market Cap: $13.73M

Find detailed analytics on SMSI stock on TipRanks’ Stock Analysis page.

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