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Pin to quick picksTekCapital Share News (TEK)

Share Price Information for TekCapital (TEK)

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Share Price: 8.15
Bid: 7.80
Ask: 8.50
Change: 0.00 (0.00%)
Spread: 0.70 (8.974%)
Open: 8.15
High: 8.15
Low: 8.15
Prev. Close: 8.15
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AIM WINNERS & LOSERS: Tekcapital investee gets US clearance for device

Mon, 08th Mar 2021 10:51

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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AIM - WINNERS

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Tekcapital PLC, up 28% at 18.60 pence, 12-month range 3.6p-24p. The UK intellectual property investment company says portfolio company Belluscura PLC has been granted 510(k) clearance from the US Food & Drug Administration for its X-PLO2R POC portable oxygen concentrator. Belluscura also mulling potential listing on London's AIM market. Tekcapital holds 17.8% stake in Belluscura.

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Kape Technologies PLC, up 21% at 231.60p, 12-month range 95.5p-239.8p. The consumer-focused digital privacy and security business buys Webselenese Ltd for USD149.1 million. Kape has market capitalisation of GBP488 million based on Monday's share price. Tel Aviv-based Webselenese has built up an independent privacy and security focused content platform. "The acquisition of Webselenese is highly strategic for Kape, providing us with one of the most respected and far-reaching consumer privacy and security content businesses globally," says Chief Executive Ido Erlichman.

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Blackbird PLC, up 9.6% at 24.65p, 12-month range 7p-25.96p. The cloud video editing platform partners with EVS for international sporting events. "It's a real thrill for us to announce this partnership with EVS who are synonymous with the production of the world's most emotive and high-value sports content as well as global news and market leading entertainment shows. To announce this together with a deployment on two of the greatest international sporting events taking place in the near future is simply fantastic," says Chief Executive Ian McDonough.

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AIM - LOSERS

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Origo Partners PLC, down 32% at 0.17p, 12-month range 0.01p-0.45p. Notes recent large trading volumes and movements in the company's share price, and says it has no information that explains this. "The company additionally confirms that it has no information concerning its assets in addition to what was set forth in its 22 January 2021 announcement," Origo adds.

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W Resources PLC, down 11% at 0.08p, 12-month range 0.08p-0.27p. The tungsten, tin and gold mining company with assets in Spain and Portugal proposed reorganisation of share capital. "The consolidation is being undertaken as the company's directors and advisers consider the number of shares currently in issue to be considerably higher than the majority of companies of a similar size on AIM, which, when combined with the current share price of significantly less than 1 pence per share, unduly affects investor perception of the company and volatility in its share price," W Resources says.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Tekcapital's Innovative Eyewear enters licensing deal with Reebok

(Sharecast News) - Intellectual property investor and developer Tekcapital announced on Tuesday that its investee Innovative Eyewear had entered into an agreement with Authentic Brands Group to license sports brand Reebok for smart eyewear.

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IN BRIEF: Tekcapital investee lands smart eyewear deal for Reebok

Tekcapital PLC - London-based intellectual property investment company - Says investee Innovative Eyewear Inc has landed a licensing agreement with New York-based brand development, marketing and entertainment platform, Authentic Brands Group LLC for a smart eyewear collection with sporting goods retailer Reebok International Ltd. Says the initial Reebok smart eyewear collection will launch in early 2024.

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Tekcapital investee Guident awarded Space Florida grant

(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that its subsidiary Guident had been awarded funding from Space Florida, as part of the Florida-Israel Innovation Partnership programme.

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16 Jun 2023 10:39

IN BRIEF: Tekcapital investee Guident receives Space Florida funding

Tekcapital PLC - London-based intellectual property investment company - Says investee Guident Ltd receives funding from Space Florida for a satellite-based project under the Florida-Israel Innovation Partnership programme, together with its Israeli partner, Novelsat. Says grant is for the development of a safer remote monitoring and control centre for the monitoring, management, and backup control of terrestrial autonomous vehicles. Notes programme is scheduled to start in early July.

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14 Jun 2023 09:14

IN BRIEF: Tekcapital investee Guident awarded AI software patent

Tekcapital PLC - London-based intellectual property investment company - Says investee Guident Ltd has received notice of allowance from the US patent and trademark office for "Systems and Methods for Remote Monitoring of a Vehicle, Robot or Drone" patent application. Patent teaches architecture and methods for near real-time monitoring and controlling autonomous vehicles and delivery devices fleets. Teleoperation architecture includes in-vehicle device which predicts, detects and reports incidents to a remote monitor and control centre which can provide support such as calling emergency services or commandeering a vehicle to move it somewhere safe. Human-in-the-loop supervises AI software to enhance safety of AVs, robots and drones.

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Tekcapital swings to loss amid portfolio valuation decline, NAV down

(Alliance News) - Tekcapital PLC on Friday said it swung to a loss in 2022 as its portfolio valuation fell.

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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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2 May 2023 14:31

TRADING UPDATES: Kitwave expects annual results to top market view

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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17 Apr 2023 10:07

Tekcapital raises GBP2.0 million to develop portfolio companies

(Alliance News) - Tekcapital PLC on Monday said it has raised GBP2.0 million in an oversubscribed placing of 13.3 million new shares at a price of 15 pence per share.

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14 Apr 2023 12:39

Tekcapital investee launching ChatGPT-capable smart eyewear

(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that Innovative Eyewear would be holding an eyewear fashion show on 20 April in Miami.

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12 Apr 2023 10:59

Tekcapital hails ChatGPT-focused eyewear patent filing by investee

(Alliance News) - Tekcapital PLC on Wednesday noted that Innovative Eyewear Inc, in which it holds a 67% stake, filed a patent for a ChatGPT enabled smart eyewear, an AI system supported by Microsoft Corp.

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22 Mar 2023 12:07

Tekcapital provides Microsalt update, e-commerce sales "encouraging"

(Alliance News) - Tekcapital PLC on Wednesday provided an operational update on its portfolio company Microsalt Ltd, a low-sodium salt manufacturer, noting first e-commerce sales of Microsalt shakers as "encouraging".

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17 Mar 2023 16:12

Tekcapital investee Guidant makes significant progress

(Sharecast News) - Intellectual property investor Tekcapital reported significant progress for its wholly-owned portfolio company Guident on Friday.

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Tekcapital boasts positive progress for investee Guident

(Alliance News) - Tekcapital PLC on Friday provided a positive progress update on its portfolio company, Guident Ltd.

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