News linked to both this project and an event.
According to Investegate, UK Bitcoin treasury company The Smarter Web Company PLC (stock code: SWC) has announced its institutional and retail issuance results, successfully raising a total of £10 million (net proceeds of approximately £8.3 million). The company will issue 111,112 preference shares at an issue price of £90 per share, and is expected to list on the Main Market of the London Stock Exchange on October 14, 2026, under the trading code MORE (ISIN: GB00C0HJ0D12).
Odaily News: The Smarter Web Company has announced the completion of a $13.25 million initial public offering (IPO) through MORE, the UK's first Bitcoin-backed preferred stock. MORE will begin trading on the London Stock Exchange Main Market this Wednesday, with the first weekly dividend scheduled to be paid on November 9.
Odaily News: UK-based Bitcoin treasury company The Smarter Web Company has received shareholder approval to launch MORE, the UK's first Bitcoin-backed preferred stock. In addition, the company expects to raise $20 million to $33 million through an IPO to purchase more Bitcoin and fund cash-flow-generating operating businesses. (Bitcoin Treasuries)
Odaily reports: The company plans to issue perpetual preferred shares under the ticker MORE, with a fundraising target of £15 million to £25 million and a minimum raise of £10 million. Listing admission requires support from three market makers. Holders will receive cumulative weekly dividends and liquidation preference but will not have voting rights, and the company may redeem the shares. As of mid-2026, SWC held 2,878 Bitcoins; following High Court approval of its capital reduction, the company has £132.5 million in distributable reserves available for payment.