Tern Share Discussion Threads

[tracy_moore] 17/6/2021 07:17

Wonder what the C after Jon stands for ;-)

[wardy333] 17/6/2021 07:14

Not the RNS we wanted about a sale but will create interest in the U/S, we have been listed there for ages but it has not been traded as far as I know, but will be once clearance has been given.

[philjeans] 17/6/2021 07:12

Good development - raises the bar again.

BUY.

[jonc] 17/6/2021 07:10

OTCBB.


Really?????

[sarcoline] 17/6/2021 07:08

Haha Jon the C, the day that DA is sold for billions you'll post immediately that it's monopoly money!! Lol

You complete fool!

TERN....investment of a lifetime, turning grains of sand into gold.

[dave444] 17/6/2021 07:07

Great news - notice increased investor exposure, ease of use for US investors to buy TERN as it removes tax complications for them and they value companies much higher than in U.K. and great interest in TERN from US investors.
All adding up to increased SP!

The Company believes that having its Ordinary Shares cross-traded on the OTCQB will provide the potential for enhanced investor benefits, including easier trading access for investors located in the US and greater liquidity due to a broader geographic pool of potential investors.

Commenting Al Sisto, CEO of Tern, said :

"We have been seeing increasing interest in Tern and our portfolio companies from investors in the US and we have been exploring ways to make it easier for those investors to trade in Tern's shares. Having our shares cross-traded on the OTCQB would considerably simplify the process for US investors, enabling them to trade in our shares in US dollars during US market hours.

"Additionally with many of the companies and investors focused on the IoT sector being based in the US we are optimistic that the enhanced profile a OTCQB cross-trading facility would provide to Tern would generate further interest from investors and assist with diversifying our shareholder register."

[sweepie2] 17/6/2021 07:07

Great news also with no raising any fresh money they must have either enough despite spending 300k on Wyld float or expect a good wedge soon, also is this a pointer that DA has been sold and Tern expect they will be a focus for USA attention. Great RNS no negatives found

[jonc] 17/6/2021 07:06

Should provide a good ramp as the fundraising is now only days away.

[dave444] 17/6/2021 07:03

The OTCQB, also called 'The Venture Market', was created in 2010 and is recognised as an Established Public Market by the US Securities and Exchange Commission (the "SEC"). The OTCQB is a leading US market for US and international companies in the entrepreneurial and development stage. As a market with efficient access to US investors, OTCQB helps companies build shareholder value with a goal of enhancing liquidity and achieving a fair valuation.

The Company believes that having its Ordinary Shares cross-traded on the OTCQB will provide the potential for enhanced investor benefits, including easier trading access for investors located in the US and greater liquidity due to a broader geographic pool of potential investors.

Cross-trading on the OTCQB market will have no impact on Tern's existing Ordinary Shares, which will continue to trade on the AIM Market of the London Stock Exchange, and no new Ordinary Shares will be issued as part of the application to cross-trade the Ordinary Shares on the OTCQB.

Obtaining a cross-trading facility on the OTCQB is expected to be a cost-effective process for Tern, with there being no need to file a prospectus or similar document. Furthermore, the Company can continue to rely on the announcements and disclosures it makes to the London Stock Exchange and will have no Sarbanes-Oxley or SEC reporting requirements in connection with the proposed cross-trading on the OTCQB.

To qualify for the OTCQB, Tern will need to demonstrate that it meets high financial standards, follows best practice corporate governance and that it complies with applicable securities laws. The Board has received advice that Tern should be able to provide confirmation that it complies with such requirements.

Further announcements will be made as appropriate.

Commenting Al Sisto, CEO of Tern, said :

"We have been seeing increasing interest in Tern and our portfolio companies from investors in the US and we have been exploring ways to make it easier for those investors to trade in Tern's shares. Having our shares cross-traded on the OTCQB would considerably simplify the process for US investors, enabling them to trade in our shares in US dollars during US market hours.

"Additionally with many of the companies and investors focused on the IoT sector being based in the US we are optimistic that the enhanced profile a OTCQB cross-trading facility would provide to Tern would generate further interest from investors and assist with diversifying our shareholder register."

[sweepie2] 17/6/2021 05:53

Should be an excellent day today, sentiment returned and from what has been unearthed a huge clue that DA has been sold, just please tell us today

[cmackay] 17/6/2021 00:59

Ellipses, I wasn't advising you on grammar I was just enjoying the reference to the meme. It's a classic!

[1399peter] 16/6/2021 22:56

Well I can't say I agree with your psychotic approach to an honest question. I just wanted to know if there was validation

[kkrr11ss2] 16/6/2021 22:49

Cant find a oil link only this from last yr



for oil & Gas

[1399peter] 16/6/2021 22:48

I must be missing the point then as the device authority website seems to be as per normal. Maybe it's a glitch

[stentorian] 16/6/2021 22:44

It is clear that on the following link all of DA's Portfolio Updates are missing.

[1399peter] 16/6/2021 22:35

I did and it took me to device authority, that's why I wondered what exactly was wrong

[jack ladd] 16/6/2021 22:15

The device Authority link is now dead. Try clicking on it.