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The Smarter Web Company plans to issue perpetual preferred stock under the stock code 'More', with a fundraising target of £ 15 million to £ 25 million and a minimum fundraising size of £ 10 million. The listing requires support from three market makers. Holders receive cumulative weekly dividends and liquidation priority, without voting rights, and the company can redeem them. As of mid-2026, SWC holds 2878 bitcoins; After the High Court approved the capital reduction, the company has £ 132.5 million in distributable reserves for payment.