Tern plc

Tern is an investment company specialising in supporting high growth, early-stage, disruptive Internet of Things ("IoT") technology businesses.
Deal price
2.4
Discount of 30.40 %
Last Price 3.45p p

Key information

Key information

Sector

Investment Banking and Brokerage Services

Close date

Delivery

Placing price

Last price

Discount

Amount raised

2.4

3.45 p

30.40 %

£420,000

Company description

Aim investment company

Use of proceeds

The net proceeds of the Placing will be used to provide the Company with funds to invest in Wyld Networks, through the exercise of warrants held by the Company, and to invest further in one or more of Tern's portfolio companies and for general corporate purposes.

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