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Smarter Web clears shareholder vote for MORE preferred shares IPO on London Stock Exchange

Market News
29 Sep 2026
Crypto news
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Bullish
Smarter Web clears shareholder vote for MORE preferred shares IPO on London Stock Exchange

The Smarter Web Company has secured shareholder approval for resolutions to create its MORE perpetual preferred shares, a key step toward a potential IPO on the London Stock Exchange Main Market. The company aims to raise £15-25 million through this offering, which will pay weekly dividends but carry no voting rights. The IPO still requires FCA approval of a prospectus and must meet conditions like minimum fundraising and market maker registration before proceeding. This move provides Smarter Web with a new capital source to support its Bitcoin treasury strategy and diversify its financing options.

Smarter Web Company shareholder approval news is presented with Pluang's cryptocurrency market data for context. As of Sep 29, 2026 16:02 WIB, 33 of 50 major cryptocurrencies rose and 15 fell. Notable movers include SXP at Rp37 with a -46.27% change, CRV at Rp7.069 up 20.00%, and AAVE at Rp2.999.654 up 12.71%.

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