(Alliance News) - Tern PLC on Thursday said it had completed the retail offer part of its fundraise as it seeks a strong negotiating position in its investee companies . Read More
(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
(Alliance News) - Tern PLC on Friday said it was optimistic for the second half of 2022 as its net asset value fell and half-year loss widened in the first half on macroeconomic uncertainties. Read More
Tern Plc - investor focused on the internet of things - Confirms that FVRVS Ltd - also known as FundamentalVR - has raised an additional USD20 million, which includes committed contingent funding yet to be received by FundamentalVR. Such funding will be at the same valuation as the FundamentalVR Series B second tranche and would not affect the book value of Tern's investment in FundamentalVR. Read More
Tern Plc - investor focused on the internet of things - Says FVRVS Ltd - also known as FundamentalVR - closes a second tranche of its series B funding round, securing a further GBP5 million from a "new institutional investor". This comes after a GBP7 million fundraise at the end of May, with GBP1.2 million conversion of convertible loan notes. At that time, Tern converted GBP570,000 in loan notes, but did not participate in the second tranche. FundamentalVR has now raised GBP13.2 million total in the funding found. Read More
(Alliance News) - London-based technology-focused investor Pires Investments PLC on Friday touted the progress of companies in its investment portfolio. Read More
Pires Investments PLC - London-based technology-focused investor - and Tern PLC - investor focused on the internet of things - On Thursday say that Pires held a court meeting and a general meeting in connection to its acquisition by Tern, which did not pass the voting threshold needed to approve the takeover. Read More
(Alliance News) - Tern PLC on Wednesday reported that Pires Investments PLC has agreed to its all-share takeover offer to create a larger company with greater scale. Read More
Tern Plc - investor focused on the internet of things - Says FVRVS Ltd - also known as FundamentalVR - raises GBP7 million in new equity investments through a series B fundraising round. The money has been raised from existing investors, with a further GBP1.2 million of convertible loan notes being converted. Tern has converted GBP570,000 in loan notes. It says it will not invest more money in the FundamentalVR series B. Read More
(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
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
(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
(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
(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
(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
(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: BP signs biofuel deal; Elixirr expects revenue beat Read More
IN BRIEF: Tern's Wyld Networks forms internet of things consortium Read More
TRADING UPDATES: Saietta sales surge; Geiger Counter assets rise Read More