Tern Share Discussion Threads

[steveberyl] 12/4/2024 10:36

Is Musk poised to make a Statement regarding WYLD ?? After Tern have bought Warrents??

If he does, Wyld will GO TO THE MOON. Tern off to Jupiter.

[7rademark] 12/4/2024 10:32

Would it not be preferable for tern to raise more cash to reinvest in wyld. I know its painful to begin with but wylds share price is extremely low currently.

[cambradjones] 12/4/2024 10:27

Mm,s in no rush to raise the price despite huge buying.

[7rademark] 12/4/2024 10:16

13m volume

[bbmsionlypostafter mk2] 12/4/2024 10:12

Mugs never learn.





AIM-listed jam-tomorrow investment company Tern plc (TERN) this morning announced a placing to raise just £420,000 (and that, before expenses) at just 2.4p – a cavernous (over) 30% discount. It was quite obvious to seasoned Tern-ologists that this was coming: it was yet again running on fumes and, of course, there was that preposterous pump the other day regarding its (natch…) cash-guzzling investee Talking Medicines and a previous conference-call. The gerbils lapped it up, pushing the shares northwards by well over 50% and this morning the inevitable dump came.

[homtanks] 12/4/2024 10:11

Wyld Networks AB
Company Announcement
The subscription price for the warrants of series TO4 in Wyld Networks AB has been determined to SEK 1.83 and the subscription period starts April 15, 2024
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, BELARUS, RUSSIA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

During the third quarter of 2023, Wyld Networks AB (“Wyld Networks” or the “Company”;) entered a loan agreement and conducted a directed issue and a rights issue. In connection with the transactions, Wyld Networks issued in total 3,839,998 warrants of series TO4. Each warrant of series TO4 entitles the owner to subscribe for one (1) new share in the Company. The exercise price for the warrants of series TO4 amounts to 70 percent of the volume-weighted average price in the Company’s share on Nasdaq First North Growth Market during the measurement period, which ran from and including March 28, 2024, up to and including April 11, 2024, however not higher than SEK 14.24 and not less than the quota value of the Company’s shares. During the measurement period, the volume-weighted average price in the Company’s share was approximately SEK 2.62, therefore, the exercise price for the warrants of series TO4 is SEK 1.83. The subscription period for warrants of series TO4 runs during the period from April 15, 2024, up to and including April 29, 2024.

If all the warrants of series TO4 are exercised, the Company will receive approximately SEK 7.0 million before issuing costs. For the warrants to not expire without value, it is required that the holder actively subscribes for new shares no later than April 29, 2024, or sell the warrants no later than April 24, 2024. Please observe that certain nominees might close their application earlier than April 29, 2024.



Summarized terms for the warrants of series TO4:

Subscription period: April 15, 2024 – April 29, 2024.

Issue size: 3,839,998 warrants of series TO4, which entitles to subscription of 3,839,998 shares. If all warrants are exercised, the Company will receive approximately SEK 7.0 million before issuing costs.

Exercise price: SEK 1.83 per share.

Last day for trading warrants of series TO4: April 24, 2024.

Share capital and dilution: If all warrants are exercised the share capital will increase with SEK 320,410.60, from SEK 1,429,061.47 to SEK 1,749,472.07. If all warrants are exercised the number of shares in the Company will increase with 3,839,998 shares, from 17,126,753 shares to 20,966,751 shares. In the event that all warrants of series TO4 are exercised, the dilution amounts to approximately 18 percent of the number of shares and votes in the Company.



Please note that warrants that are not exercised by April 29, 2024 at the latest, or sold no later than April 24, 2024, will expire without value. For warrants not to lose their value, the holder must actively subscribe for new shares or sell the warrants.



How warrants are exercised:

Nominee-registered warrants (Custody account)

Subscription and payment by exercise of warrants shall be made in accordance with instructions from each nominee. Please contact your nominee for additional information.



Direct-registered warrants (Securities account)

No accounts for issuing nor any instructions regarding payments will be sent out. Subscriptions will be made through simultaneous payment in accordance with the instructions on the application form.

The warrants will then be replaced by interim shares awaiting registration at the Swedish Companies Registration Office.



The application form including instructions for payment will be available at Wyld Networks’ website, www.wyldnetworks.com.



Advisers

Mangold Fondkommission AB is financial adviser for Wyld Networks regarding the warrants.



For further information about Wyld Networks, please contact:

Alastair Williamson, CEO Wyld Networks
E-mail: [e-mail]
Tel: [phone]

[steveberyl] 12/4/2024 10:00

THERE IS A PROPER WEIGHT OF MONEY HITTING TERN SHARES NOW

At some stage the late LARGE BUYS will be revealed. The buying after a placing is PHENOMENAL.