28th Mar 2022 19:15
Tern PLC - investor focused on the internet of things - Says it has committed to exercise the 320,454 TO1 warrants in Wyld Networks AB which represents all of the warrants that were issued to Tern in conjunction with Wyld Networks' initial public offering and admission to trading on the NASDAQ First North Growth Market in Stockholm in July 2021. Tern will pay SEK3.6 million - approximately GBP290,000 - to exercise its TO1 warrants to subscribe for 320,454 shares in Wyld Networks at SEK11.25 per share, and this will be funded from Tern's existing cash resources. Read More
