Tern PLC Announces AGM and Director Retirement
The company announces its upcoming Annual General Meeting and the retirement of its Non-Executive Chairman.
The company announces its upcoming Annual General Meeting and the retirement of its Non-Executive Chairman.
The investment firm reported a decrease in net assets and NAV per share, while facing a challenging environment for early-stage tech funding. Material uncertainty regarding going concern was highlighted, despite some portfolio companies showing progress.
The retailer has successfully completed an open offer, raising £340,140 at a 6.98% discount to the previous closing price. The raise was fully subscribed, providing additional working capital to support operations.
The investment company has appointed its Business Development Director as Executive Chairman of one of its portfolio companies, Purple Transform.
The financial services company is raising £340,140 through an underwritten open offer, priced at a 28.6% discount to the previous closing price.
The venture capital firm has successfully sold its cybersecurity investment for a significant return, boosting its financial position.
The technology investment company announces a partnership between its portfolio company Device Authority and tech giants Microsoft and CyberArk to provide a secure IoT solution for manufacturers.
The investment company has raised £221,154 through a discounted share placing, potentially signaling limited funding options and investor confidence.
Venture capital firm Tern Plc announces new research report, providing limited new details on its technology investments.
The investment company hosted an online investor presentation, with links to the presentations from its portfolio companies.