VIVOPOWER’S TEMBO CONFIRMS HEADS OF AGREEMENT EXCLUSIVITY EXTENSION FOR US$838M MERGER WITH CCTS (UPDATED)

July 3, 2024

https://www.globenewswire.com/news-release/2024/07/03/2908200/0/en/VIVOPOWER-S-TEMBO-CONFIRMS-HEADS-OF-AGREEMENT-EXCLUSIVITY-EXTENSION-FOR-US-838M-MERGER-WITH-CCTS-UPDATED.html

Exclusivity period for Heads of Agreement extended to 31 July 2024

LONDON, July 03, 2024 (GLOBE NEWSWIRE) — the Nasdaq listed B Corp, VivoPower International PLC (Nasdaq:VVPR, “VivoPower”), announced today that its electric vehicle subsidiary, Tembo e-LV B.V. (“Tembo”), has agreed to a one month extension of its exclusive heads of agreement with Nasdaq listed Cactus Acquisition Corporation I (Nasdaq:CCTS, CCTSW, CCTSU, “CCTS”) to 31 July, 2024.

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