Loading…

VivoPower's subsidiary Tembo e-LV has entered a binding heads of agreement to merge with NASDAQ-listed Cactus Acquisition Corp. 1 Limited (CCTS) at an indicative equity value of $838 million. The combined company will be named Tembo Group.
“Tembo, a global leader in utility vehicle electrification, and a subsidiary of VivoPower International, today announced it has entered into a binding heads of agreement.”temboelv.com
Summarized from public sources; check the original articles before acting on it.