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VivoPower Announces Tembo’s Merger Extension

VivoPower Announces Tembo’s Merger Extension

VivoPower International (VVPR) has released an update.

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VivoPower International PLC has announced that its electric vehicle subsidiary, Tembo e-LV B.V., has extended its exclusivity period for a merger with Cactus Acquisition Corporation I until August 31, 2024. The extension allows Tembo to finalize a significant transaction and update its disclosures in preparation for a definitive business combination agreement. VivoPower, a B Corp listed on Nasdaq, specializes in sustainable energy solutions and electric vehicle applications for various industries.

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