- Internet of Things company investor Tern said it had raised about £1.75m from a share issue.

New shares in the company were issued at 11.15p each. Tern said the funds would provide additional finance to continue implementing its strategy to acquire and maintain long-term interests in Internet of Things innovators and would also provide working capital.

At 9:11am: [LON:TERN] Tern Plc share price was -1.5p at 12.25p

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