Exclusivity period for Heads of Agreement extended to 31 August 2024
Extension to enable Tembo to consummate material transaction and update disclosure
Nasdaq-listed B Corp VivoPower announced today that its electric vehicle subsidiary, Tembo e-LV, has agreed to a further one-month extension of its exclusive heads of agreement with Nasdaq-listed Cactus Acquisition Corporation I (CCTS) to 31 August 2024.
The extension is intended to provide additional time for Tembo to consummate a material transaction and update disclosures before finalising a definitive business combination agreement relating to the proposed transaction as well as the independent fairness opinion.
To read our full press release, and to keep up with all of VivoPower’s releases, visit the company's Press Releases page.
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