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Pin to quick picksTekCapital Media (TEK)

Share Price Information for TekCapital (TEK)

London Stock Exchange
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Share Price: 8.25
Bid: 8.00
Ask: 8.50
Change: -0.35 (-4.19%)
Spread: 0.50 (6.25%)
Open: 8.35
High: 8.00
Low: 8.00
Prev. Close: 8.35
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Tekcapital CEO Clifford Gross gives operational update, confirms Salarius IPO planning is underway

We kicked off September with four terrific companies presenting live on London South East on Tuesday, September 6th.

Tekcapital (TEK) CEO Clifford Gross Ph.D joined us live from Florida and talked us through how difficult it had been to float the 'Innovative Eyewear' business on Nasdaq, yet how successful the overall strategy to develop the business had been. VC's typically took twice as long to nurture and float businesses as Tekcapital #TEK had taken he said.

That said, the short term focus will be to continue to build those businesses which have yet to IPO and those which have - before starting to build a new portfolio and adding some new University IP talent in the medium term.

Cliff said they were seriously planning for a Salarius IPO within 12 months and would be interviewing for Nomads later this autumn.

Related TekCapital Media

Orosur, Tekcapital, CleanTech Lithium, Luminex speak at London South East

Tekcapital Chair Dr Clifford Gross said he was 'genuinely excited' about future growth prospects

Tekcapital CEO pleased with strong H1 results and 56% rise in NAV, confident better to come

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