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Tern plc ( (GB:TERN) ) has provided an update.
At Tern Plc’s recent Annual General Meeting, most resolutions were passed, except for resolution 6, which would have allowed the issuance of new ordinary shares without pre-emption rights. The board plans to engage with shareholders to understand their concerns. Additionally, Ian Ritchie retired as Non-Executive Chairman, with Jane McCracken stepping in as Interim Chair.
More about Tern plc
Tern Plc is an investment company that focuses on supporting high growth, early-stage, disruptive Internet of Things (IoT) technology businesses.
Average Trading Volume: 3,155,999
Technical Sentiment Signal: Strong Sell
Current Market Cap: £7.81M
For a thorough assessment of TERN stock, go to TipRanks’ Stock Analysis page.