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TekCapital (TEK) Share News

Tekcapital's investee MicroSalt plans to IPO in London on October 18

3rd Oct 2023 10:56

(Alliance News) - Tekcapital PLC on Tuesday noted MicroSalt PLC's official filing to list on London Stock Exchange's AIM market, as the latter said that its leadership consists mostly of current and former Tekcapital executives. Read More

IN BRIEF: Tekcapital's Microsalt plans retail offer ahead of IPO

2nd Oct 2023 16:26

Tekcapital PLC - London-based intellectual property investment company - Portfolio company MicroSalt PLC plans retail offer via PrimaryBid. Explains offer price per share is to be decided by the book-building process in a separate institutional offer. Sets minimum application amount of GBP500. Offer comes as MicroSalt plans admission to trading on AIM. States aggregate value of the new shares available for subscription will not exceed GBP2.5 million. Admission is expected to take place and dealings in shares to commence on October 18. Read More

EARNINGS: Ariana Resources profit shrinks; Tekcapital swings to loss

29th Sep 2023 11:31

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

TRADING UPDATES: Tekcapital's portfolio company seals joint venture

19th Sep 2023 17:26

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

IN BRIEF: Tekcapital's Innovative Eyewear files smart hinges patent

11th Sep 2023 18:47

Tekcapital PLC - London-based intellectual property investment company - Says that Innovative Eyewear Inc, in which it has a 40% shareholding, has filed a patent on self-adjusting spring hinges for smart glasses. The new patent application covers a proprietary component developed to enhance comfort in smart eyewear. Innovative Eyewear believes these new hinges will also increase the durability of the frames by reducing stress points on the temples caused by extended wear. Read More

TRADING UPDATES: Corcel spuds well; Touchstone celebrates production

7th Sep 2023 17:04

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Andrada hails results; Tertiary sees disputes end

6th Sep 2023 17:20

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Tekcapital's Guident upgrades monitor and control centre

24th Aug 2023 12:00

Tekcapital PLC - London-based intellectual property investment company - Says investee Guident Ltd is upgrading its remote monitor and control centre, and is well-positioned for its customer acceptance test set to take place in early autumn. Tekcapital says Guident's first major customer is Jacksonville Transportation Authority. Also hails Guident's other "significant achievements over the past year", including the receipt of a notice of allowance from US patent office for its artificial intelligence methods and systems for remote monitor and control of autonomous vehicles, robots, and drones. It has also received funding from Space Florida for a satellite-based project under the Florida-Israel Innovation Partnership programme, together with its Israeli partner, Novelsat. Read More

IN BRIEF: Tekcapital hails new Belluscura order, MicroSalt nearing IPO

17th Aug 2023 17:33

Tekcapital PLC - London-based intellectual property investment company - Says MicroSalt Ltd, of which it owns 97%, "has been making steady progress" towards an initial public offering. "Advanced discussions" with commercial partners are in progress, with hopes that multiple products using MicroSalt will launch this year. Read More

Tekcapital says Innovative Eyewear launches update for ChatGPT app

14th Aug 2023 09:33

(Alliance News) - Tekcapital PLC on Monday said Innovative Eyewear Inc will launch an update to its Lucyd app. Read More

TRADING UPDATES: Plant Health in Poland boost; PureTech gets US grant

1st Aug 2023 17:31

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

TRADING UPDATES: MGC Pharmaceuticals granted psilocybin import permit

31st Jul 2023 17:31

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Tekcapital notes eyewear investee partnership with travel goods firm

28th Jun 2023 12:41

(Alliance News) - Tekcapital PLC on Wednesday said smart eyewear developer and retailer Innovative Eyewear Inc has formed a new retail partnership with travel luxury goods provider Privato Duty Free. Read More

IN BRIEF: Tekcapital investee MicroSalt expands retail footprint

26th Jun 2023 11:47

Tekcapital PLC - London-based intellectual property investment company - Says investee MicroSalt Ltd has expanded US retail presence with new placements in 131 stores between three chains for its low-sodium salt shakers. Placements consist of 51 Fine Fair stores, eight Trade Fair stores and 72 Big Y stores. Placements achieved through partnership with US Salt. MicroSalt Chief Executive Officer Rick Guiney says expansion "underscores the retail need for full flavor, low-sodium products". Tekcapital owns 97% of shares in MicroSalt. Read More

Tekcapital notes Innovative Eyewear's USD4.7 million public offering

22nd Jun 2023 14:33

(Alliance News) - Tekcapital PLC on Thursday noted its investee Innovative Eyewear Inc's announcement regarding a public offering for 4.5 million units. Read More

AIM WINNERS & LOSERS: Bidstack annual loss widens as costs climb

20th Jun 2023 10:13

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

IN BRIEF: Tekcapital investee lands smart eyewear deal for Reebok

20th Jun 2023 10:04

Tekcapital PLC - London-based intellectual property investment company - Says investee Innovative Eyewear Inc has landed a licensing agreement with New York-based brand development, marketing and entertainment platform, Authentic Brands Group LLC for a smart eyewear collection with sporting goods retailer Reebok International Ltd. Says the initial Reebok smart eyewear collection will launch in early 2024. Read More

IN BRIEF: Tekcapital investee Guident receives Space Florida funding

16th Jun 2023 10:39

Tekcapital PLC - London-based intellectual property investment company - Says investee Guident Ltd receives funding from Space Florida for a satellite-based project under the Florida-Israel Innovation Partnership programme, together with its Israeli partner, Novelsat. Says grant is for the development of a safer remote monitoring and control centre for the monitoring, management, and backup control of terrestrial autonomous vehicles. Notes programme is scheduled to start in early July. Read More

IN BRIEF: Tekcapital investee Guident awarded AI software patent

14th Jun 2023 09:14

Tekcapital PLC - London-based intellectual property investment company - Says investee Guident Ltd has received notice of allowance from the US patent and trademark office for "Systems and Methods for Remote Monitoring of a Vehicle, Robot or Drone" patent application. Patent teaches architecture and methods for near real-time monitoring and controlling autonomous vehicles and delivery devices fleets. Teleoperation architecture includes in-vehicle device which predicts, detects and reports incidents to a remote monitor and control centre which can provide support such as calling emergency services or commandeering a vehicle to move it somewhere safe. Human-in-the-loop supervises AI software to enhance safety of AVs, robots and drones. Read More

Tekcapital swings to loss amid portfolio valuation decline, NAV down

26th May 2023 10:29

(Alliance News) - Tekcapital PLC on Friday said it swung to a loss in 2022 as its portfolio valuation fell. Read More

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