Wise Publishes UK Prospectus Ahead of Nasdaq Primary Listing Shift

An announcement from Wise PLC Class A ( (GB:WISE) ) is now available.

Wise plc has published a UK prospectus approved by the Financial Conduct Authority for the proposed admission of Wise Group plc Class A shares to the equity shares (transition) category of the FCA’s Official List and trading on the London Stock Exchange’s Main Market. The move is part of Wise’s plan to shift its primary listing to Nasdaq in the United States while retaining a secondary listing in London, underscoring its ambition to deepen access to U.S. capital markets without abandoning its UK investor base.

Under the proposed timetable, the current Wise plc Class A shares will cease trading in London on 8 May 2026, with the scheme becoming effective that evening and the de‑listing of the existing shares set for 11 May 2026. On the same day, Wise Group plc Class A shares are expected to begin trading both on the LSE as a secondary listing and on Nasdaq as the primary venue, a structural change that could broaden the company’s international investor reach and potentially enhance liquidity for shareholders.

All dates remain subject to change, including the late‑April court hearing needed to implement the scheme, with any adjustments to be communicated via regulatory announcements and the company’s website. The dual‑listing structure aims to balance Wise’s growing global profile and U.S. market focus with continued access for UK investors, reflecting a wider trend of high‑growth UK tech companies seeking deeper U.S. equity market exposure while keeping a foothold in London.

The most recent analyst rating on (GB:WISE) stock is a Buy with a £1299.00 price target. To see the full list of analyst forecasts on Wise PLC Class A stock, see the GB:WISE Stock Forecast page.

Spark’s Take on WISE Stock

According to Spark, TipRanks’ AI Analyst, WISE is a Outperform.

The score is led by very strong financial performance (growth, profitability, balance-sheet strength, and cash flow), supported by a generally positive earnings call focused on customer and volume momentum. Offsetting factors are a relatively high valuation (P/E ~25.7 with no dividend) and mixed technical signals with negative MACD and an elevated RSI.

To see Spark’s full report on WISE stock, click here.

More about Wise PLC Class A

Wise plc is a global financial technology company focused on building low-cost, digital solutions to move and manage money across borders. Through Wise Account and Wise Business, it enables individuals and enterprises to hold over 40 currencies, send and receive cross-border payments, and spend abroad, while also powering money transfers for large corporations and banks. Founded in 2011, it has grown into a profitable high-growth player in international payments, processing £145 billion in cross-border transactions for about 15.6 million customers in fiscal 2025 and positioning itself as an alternative infrastructure for global money movement.

Average Trading Volume: 2,030,926

Technical Sentiment Signal: Buy

Current Market Cap: £11.8B

Learn more about WISE stock on TipRanks’ Stock Analysis page.