Gate News message, April 23 — The Smarter Web Company has completed administrative arrangements with the London Stock Exchange (LSE), clearing the way for up to approximately 54 million new shares to be issued if all pre-IPO warrants are exercised. The warrant exercise window runs from April 24, 2026, to April 28, 2028.
Approximately 27 million of the warrants are held by Andrew, his wife, and company directors and employees. The company emphasized this is a standard administrative procedure and no new shares have been issued to date; the arrangement simply facilitates future warrant exercises. The company committed to updating the market on exercised warrants at intervals not exceeding 60 days to maintain transparency.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. Software Stocks Fall in Pre-Market Trading as IBM Disappoints
Gate News message, April 23 — U.S. software stocks declined broadly in pre-market trading on April 23, following weak earnings from IBM. Microsoft fell 1.5%, Adobe dropped 2.1%, and CrowdStrike slid 2.4%, according to Gate's market data.
The selloff in the sector reflects investor concerns about pr
GateNews8m ago
LG Display Q1 Operating Profit Jumps 338% Despite Revenue Decline
LG Display announced on April 23 that first-quarter operating profit surged 338% to 146.7 billion won (US$99.8 million), marking its third consecutive quarterly profit, despite a 9% year-on-year revenue decline to 5.5 trillion won (US$3.76 billion), according to the company's earnings report.
CryptoFrontier42m ago
SK Hynix Q1 Profit Surges Over 400% to $25.4B as AI Chip Demand Drives Record Performance
Gate News message, April 23 — SK Hynix reported a strong first quarter on Thursday, with net profit jumping over 400% to $25.4 billion and revenue surging 198% to $35.55 billion. The March quarter marked the first time the South Korean chipmaker exceeded 50 trillion won in quarterly revenue, with sa
GateNews52m ago
BlackRock Purchases $900M in Bitcoin in Single Week, ETF Clients' Average Cost Basis Around $87K
Gate News message, April 23 — BlackRock purchased approximately $900 million worth of Bitcoin within a single week, according to on-chain analysis platform Arkham. The firm's ETF clients currently hold an estimated average cost basis of around $87,000 per Bitcoin.
The data reflects ongoing
GateNews1h ago
Samsung Workers Rally for Larger Share of AI Profits; 30,000 Gather at Pyeongtaek Chip Complex
Gate News message, April 23 — Tens of thousands of people gathered outside Samsung Electronics' major chip production facility in Pyeongtaek, South Korea, demanding a larger share of company profits generated by the artificial intelligence boom, according to Bloomberg.
Police told local media
GateNews1h ago
TradFi Fall Alert: AKESO (AKESO 09926.HK) Falls Over 12%
Gate News: According to the latest Gate TradFi data, AKESO (AKESO 09926.HK) has dropped by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews2h ago