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Share Price: 8.15

Bid: 7.80

Ask: 8.50

Change: 0.25 (3.16%)

Spread: 0.70 (8.974%)

Open: 8.00

High: 8.15

Low: 7.64

Prev. Close: 7.90

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Tekcapital Shares Soar In London On Additional Listing In US

Mon, 01st Feb 2021 09:27

(Alliance News) - Shares in Tekcapital rose on Monday after the company said it has begun trading on the US OTCQB Venture Market.

The stock was trading 23% higher at 20.25 pence each on Monday morning in London.

The intellectual property investment company stated its shares will continue to trade on the AIM market of the London Stock Exchange as well as on the US market.

It noted it will trade on the OTCQB market under the ticker TEKCF from the start of trading in the US on Monday. It also added it has no SEC reporting requirements and will continue to rely on the announcements and disclosures it makes to the London Stock Exchange.

"Tekcapital's portfolio companies are rapidly building a presence in the US and as such we are delighted to be joining the OTCQB Market, with a view towards increasing our visibility to the investment community and broadening our shareholder base," said Tekcapital Chief Executive Clifford Gross.

By Ife Taiwo; ifetaiwo@alliancenews.com

More News

11 Jan 2024 13:49

IN BRIEF: Tekcapital receives notices of allowance for eyewear patents

Tekcapital PLC - London-based intellectual property investment company - Says its portfolio company Innovative Eyewear Inc has received notices of allowance from the US patent and trademark agency for 14 patents protecting its Lucy Lyte smart eyewear designs. The notices indicate that Innovative's glasses, which connect to bluetooth and come with built-in audio features, are patentable. Innovative expects the design patents, which relate to the glasses' front plate and temple designs, to be issued after the payment of the issue fees. Tekcapital did not provide a timeline for the patents' progression.

9 Jan 2024 10:11

Tekcapital says MicroSalt listed on Amazon UK for distribution

(Alliance News) - Tekcapital PLC on Tuesday said its MicroSalt low-sodium shakers will be sold on the Amazon UK platform.

22 Dec 2023 20:45

EARNINGS AND TRADING: Plexus sees good momentum; Gfinity loss widens

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

13 Dec 2023 15:29

TRADING UPDATES: Tekcapital says Lucyd upgrades eyewear with ChatGPT

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

13 Dec 2023 14:33

Tekcapital investee Lucyd integrates ChatGPT into app

(Sharecast News) - Intellectual property investor Tekcapital updated the market on its portfolio company Innovative Eyewear on Wednesday after the latter unveiled a significant update to the Lucyd app for Android.

12 Dec 2023 10:44

IN BRIEF: Tekcapital investee launches new smart eyewear collection

Tekcapital PLC - London-based intellectual property investment company - Says investee Innovative Eyewear Inc has announced the launch of its Nautica Smart Eyewear collection through a deal with New York-based brand management firm Authentic Brands Group LLC. Collection will be available in eight sunglass styles with all frames accepting prescription lenses. Tekcapital expects it to ship in January.

21 Nov 2023 12:43

IN BRIEF: MicroSalt delays London IPO for second time to mid-December

MicroSalt PLC - London-based developer of manufacturing process that produces a salt crystal about 100 times smaller than traditional salt, providing saltiness with lower sodium - Says initial public offering on AIM market in London will take place in mid-December. MicroSalt previously had planned to IPO in mid-October and then had delayed that to mid-November, without giving a reason. The broker and nominated adviser for MicroSalt is Zeus Capital. London-based intellectual property investment company Tekcapital PLC holds an 87.2% stake in MicroSalt, while VHM Global Research Inc has 5.9%. Provides no sizing or pricing details for planned IPO.

17 Nov 2023 11:18

IN BRIEF: Tekcapital investee launches new smart glasses charger

Tekcapital PLC - London-based intellectual property investment company - Innovative Eyewear launches new edition of patent-pending Lucyd Dock for its Lucyd Lyte smart eyewear. New features include compatibility with all Lucyd models, charging ports for smartphones and other devices, and USB data capability. Dock 2.0 however maintains prior retail price of USD34.99. TekCapital also notes that Innovative Eyewear glasses are ChatGPT enabled. The company owns an approximate 40% stake in Innovative Eyewear, comprising 5.2 million shares. "We are closer than ever to our goal of the world's most user-friendly smartglasses with the launch of the Lucyd Dock 2.0," says Innovative Eyewear's Chief Executive Officer Harrison Gross.

1 Nov 2023 14:54

CORRECT: Tekcapital's MicroSalt strikes distribution deal for crisps

(Correcting Tekcapital PLC share price.)

1 Nov 2023 12:00

Tekcapital's MicroSalt crisps to be distributed by MR Williams

(Alliance News) - Tekcapital PLC on Wednesday said MicroSalt's low sodium SaltMe! Crisps will be sold by distributor MR Williams in Henderson, North Carolina.

20 Oct 2023 14:26

IN BRIEF: Tekcapital's MicroSalt delays planned IPO to mid-November

MicroSalt PLC - London-based developer of patent protected and scalable manufacturing process that produces a salt crystal that is about 100 times smaller than traditional salt - On Tuesday, delayed planned initial public offering to mid-November, without giving a reason. IPO was originally planned to take place on Wednesday this week. London-based intellectual property investment company Tekcapital PLC holds an 87% stake in MicroSalt.

19 Oct 2023 11:52

IN BRIEF: Tekcapital says MicroSalt crisps to be sold in Longs Drugs

Tekcapital PLC - London-based intellectual property investment company - Says Hawaii-based pharmacy chain, Longs Drugs, will supply MicroSalt's 'SaltMe!' crisps in their stores. Tekcapital holds an 87% stake in London-based Microsalt. Microsalt's patent protected and scalable manufacturing process produces salt crystals about 100 times smaller than those in traditional salt.

17 Oct 2023 14:52

IN BRIEF: Tekcapital's Innovative Eyewear launches new products

Tekcapital PLC - London-based intellectual property investment company - Innovative Eyewear Inc launches new collection of eyewear with "enhanced features and comfort." Says the Lyte XL collection launched Tuesday on Lucyd.co and Amazon.com. Takcapital has a 40% shareholding in Innovative Eyewear.

5 Oct 2023 11:13

Tekcapital says pleased with Belluscura's recent developments

(Alliance News) - Tekcapital PLC on Thursday positively noted that Belluscura PLC's developments over the past weeks.

3 Oct 2023 13:49

CORRECT: Tekcapital's investee MicroSalt to IPO in London October 18

(Clarifies that only Konrad Dabrowski has a connection with Tekcapital.)

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