05:25 AM EDT, 10/12/2026 (MT Newswires) -- Tern (TERN.L) paid 73,740 pounds sterling to the general partner of Sure Valley Ventures Enterprise Capital Fund to settle all claims and potential liabilities arising from its former participation in the fund. The Internet-of-Things technology investor was termed a defaulting investor of the fund after seeking relief from its funding obligations in November 2025, according to a Monday filing. The settlement was below the maximum potential exposure of 200,000 pounds estimated in September.

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