VivoPower's Tembo Extends Heads Of Agreement Exclusivity For $838M Merger With Cactus Acquisition Corporation I
VivoPower's Tembo Extends Heads Of Agreement Exclusivity For $838M Merger With Cactus Acquisition Corporation I
Exclusivity period for Heads of Agreement extended to 31 August 2024
谅解备忘录的排他性期限已延长至2024年8月31日
Extension to enable Tembo to consummate material transaction and update disclosure
延长期限以使Tembo完成实质性交易并更新披露信息
LONDON, July 29, 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 further one month extension of its exclusive heads of agreement with Nasdaq-listed Cactus Acquisition Corporation I (NASDAQ:CCTS, CCTSW, CCTSU, "CCTS"))))) to 31 August 2024.
2024年7月29日，vivopower国际有限公司（纳斯达克:vvpr，“vivopower”）b股在纳斯达克上市，宣布其电动汽车子公司Tembo e-LV b.V.（“Tembo”）已同意将其独家协议期限与纳斯达克上市的Cactus Acquisition Corporation I（纳斯达克: CCTS、CCTSW、CCTSU，“CCTS”）延长一个月至2024年8月31日。
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.
延期是为Tembo提供额外时间，以就拟议交易相关的明确商业结合协议和独立公正意见之前完成实质性交易和更新披露信息。