THE BLOCK: Smarter Web Company is considering an IPO of a new class of perpetual preferred shares, reserved under the ticker "MORE," on the London Stock Exchange’s Main Market, subject to FCA approval and shareholder authorization. The company is targeting gross proceeds of £15 million to £25 million. Smarter Web said the proposed securities would be the first sterling-denominated, LSE Main Market-listed perpetual preferred shares issued by a UK-incorporated commercial company with a Bitcoin treasury strategy.(The Block)