Tern plc

Tern PLC is an investment company specialising in supporting high growth, early-stage, disruptive Internet of Things ("IoT") technology businesses.
Deal price
1.25p
Discount of 42 %
Last Price 2.15p p

Key information

Key information

Sector

Investment Banking and Brokerage Services

Close date

Delivery

Placing price

Last price

Discount

Amount raised

1.25p

2.15 p

42 %

£625,000

Company description

Aim investment company

Use of proceeds

The net proceeds of the Placing are intended to be used to provide the Company with funds to invest further in one or more of Tern's portfolio companies and for general corporate purposes, including operating and legal expenses.

Important notices

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Investing in financial products involves taking risk. The value of investments can go up as well as down and you may receive back less than your original investment. CMC Markets UK plc trading as CMC CapX (“CMC”) does not provide investment advice of any kind and individual investors should make their own decisions or seek independent advice regarding the merits of entering into, and the suitability of, any investment. Nothing on this website and no communication from CMC should be construed as an investment recommendation. Only professional clients and eligible counterparties are eligible to participate in any offering in connection with CMC's services. There are inherent risks associated with investing in such offerings and such investments should only be made as part of a diversified portfolio. Nothing on this website constitutes an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful.

Please read our Risk Warning before making any investment decisions.

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