T42 shares fall as loan extension talks continue

t42 IoT Tracking Solutions PLC provides real-time tracking, analysis, monitoring, and security Internet of things (IoT) solutions for the global container and freight market. The Company’s segments include Hardware and SaaS. It provides hardware and software solutions, shipping container tracking, transportation fleet management, smart padlock security and central command systems. Its products include Tetis, Tetis R, Tetis R Hybrid, Lokies, WatchLock Cube, Kylos, Kylos Forever and Kylos Air. Its multi-sensor IoT tracking devices use a range of detection capabilities with cloud-based analytics and alerts, with real-time data transmission, analysis, and actionable insights. Its devices are used by ports, cargo owners, shipping companies, freight forwarders, insurance companies, customs authorities, homeland security, and police for end-to-end global container tracking and digital transformation of shipments. Tetis provides a complete tracking and monitoring solution for dry containers.