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Tern plc ( (GB:TERN) ) has provided an update.
Tern Plc has announced an extension of its loan facility term to preserve cash resources and enhance negotiating flexibility for potential capital requirements of its investments. The repayment date of the loan has been extended to 5 March 2026, with approximately £150,000 remaining outstanding, accruing interest at 1.00% per month.
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: 1,788,737
Technical Sentiment Signal: Sell
Current Market Cap: £4.66M
For a thorough assessment of TERN stock, go to TipRanks’ Stock Analysis page.