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VivoPower announces merger of Tembo into CCTS at US$838M equity value · Endata

◂ Announcements

Acquisition

Apr 2, 2024ACQUISITION

VivoPower announces merger of Tembo into CCTS at US$838M equity value

VivoPower announced a binding heads of agreement to merge its subsidiary Tembo into a NASDAQ-listed special purpose acquisition company (CCTS) at an indicative equity value of US$838 million.

Value

$838.0M

Status

Announced

CompaniesVivoPower CCTS acquirer Tembo target

“VivoPower announces binding heads of agreement to merge Tembo into NASDAQ listed CCTS at an indicative US$838m Equity Value”vivopower.com

1 source
vivopower.comVivoPowerApr 2, 2024

Summarized from public sources; check the original articles before acting on it.