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Tern (TERN) Share News

AIM WINNERS & LOSERS: Bens Creek falls as it lays off workers

12th Apr 2024 10:04

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

IN BRIEF: Tern down after raising GBP420,000 via discounted placing

12th Apr 2024 09:43

Tern PLC - London-based 'internet of things' technology investor - Raises GBP420,000 via placing 17.5 million shares at 2.4 pence each. The placing price represents a 31% discount to the company's closing price of 3.48p on Thursday. Tern will use the funds to invest in Wyld Networks AB and to invest in at least one more investee, as well as for general corporate purposes. Read More

Tern investee reports "substantial interest" from industry leaders

9th Apr 2024 10:38

(Alliance News) - Tern PLC on Tuesday announced that one of its investee company's had a strong start to the year. Read More

AIM WINNERS & LOSERS: Tern rises on Talking Medicines quarterly update

9th Apr 2024 09:30

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

TRADING UPDATES: Cindrigo seeks Croatian exploration licence extension

8th Mar 2024 20:03

(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: Tern announces additional fundraise for Device Authority

7th Feb 2024 11:28

Tern PLC - London-based investor in early-stage 'internet of things' technology businesses - Announces completion of a USD2.0 million equity investment in Device Authority Ltd by Mercato Partners, a Utah-based private equity firm. Device Authority is a California-based provider of identity and access management solutions for the internet of things in which Tern now holds a 32% stake, changed from 36% prior to this update. The USD2.0 million equity adds to an originally planned USD7.3 million fundraising announced by in December. Per the December announcement, Device Authority would receive USD7.0 million from Ten Eleven Ventures in new equity investment, and USD300,000 from Alsop Louie Capital 3 LP via conversion of short term loans. The fundraise is intended to provide Device Authority with "sufficient funding to enable it to grow in line with its strategy beyond the end of 2024", Tern says. Read More

TRADING UPDATES: Genflow wins new research grants; Seeen margin rises

1st Feb 2024 14:27

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

Tern raises GBP400,000 to invest in portfolio companies

24th Jan 2024 10:54

(Alliance News) - Tern PLC on Wednesday said it has raised GBP400,000 through a placing of shares. Read More

IN BRIEF: Tern completes first tranche of Device Authority fundraise

28th Dec 2023 11:16

Tern PLC - London-based investor in early-stage 'internet of things' technology businesses - Completes tranche one of its Device Authority Ltd fundraise. Through tranche one, Device Authority has received USD4.0 million. Says a further announcement will be made after it has completed its second tranche, totalling USD3.3 million. Trance two is dependent on approval under the National Security & Investment Act. Read More

Tern plunges as Device Authority announces USD7.3 million fundraising

27th Dec 2023 10:45

(Alliance News) - Tern PLC said on Wednesday that Device Authority Ltd is aiming to raise up to USD7.3 million. Read More

AIM WINNERS & LOSERS: Horizonte Minerals secures funds for Araguaia

27th Dec 2023 10:39

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

IN BRIEF: Tern transfers 75% holding in Konektio to deferred shares

29th Nov 2023 11:29

Tern PLC - Investor specialising in supporting early-stage 'internet of things' technology businesses - Confirms that 75% of its holding in InVMA Ltd, which trades as Konektio, has now been transferred to a valueless class of deferred shares. Further, Bruce Leith has stepped down from the Konektio board as Tern's representative. Read More

AIM WINNERS & LOSERS: eEnergy surges after Luceco backing

8th Nov 2023 11:14

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

Tern shares fall as it opts out of further Konektio investments

8th Nov 2023 10:50

(Alliance News) - Tern PLC shares dropped on Wednesday morning, as it said it has decided not to invest further in its portfolio company InVMA Ltd, which trades as Konektio. Read More

UK shareholder meetings calendar - next 7 days

19th Sep 2023 15:50

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LONDON MARKET MIDDAY: Stocks down; UK inflation cools in July

16th Aug 2023 12:01

(Alliance News) - Stock prices in London were lower at midday on Wednesday, as investors digest some mixed inflation figures and the impact they will have on the Bank of England's next move. Read More

AIM WINNERS & LOSERS: Belluscura receives orders for 6,500 Discov-R

16th Aug 2023 11:02

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

Tern shares fall as interim loss widens amid portfolio value decline

16th Aug 2023 09:04

(Alliance News) - Tern PLC on Wednesday reported an increased loss as the valuation of the portfolio contracted. Read More

Tern notes three departures, including its finance chief, to cut costs

10th Aug 2023 13:53

(Alliance News) - Tern PLC on Thursday announced a number of changes to its board in a bid to cut costs, including Chief Financial Officer Sarah Payne leaving to take up a position at another company. Read More

LONDON MARKET CLOSE: Stocks end in the green after difficult week

4th Aug 2023 16:49

(Alliance News) - Stocks in London ended on a positive note on Friday, following a tumultuous couple of days following a US credit rating cut and another interest rate hike from the Bank of England. Read More

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