VivoPower drops planned Tembo special dividend, sticks with Cactus Acquisition deal for unit merger

VivoPower PLC Class A

VIVO

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Cactus Acquisition Corp. 1 Limited

CCTSF

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VivoPower is pursuing a combination of Tembo with Cactus Acquisition Corp. 1, with the post-deal entity expected to be named Tembo Group.
The Tembo registration statement remains under SEC review; completion is expected to leave VivoPower with a minority stake in the combined company.
Plans for a Tembo-related special dividend distribution were scrapped, replacing prior indicative record and ex-dividend dates.
Nasdaq has cleared use of the “TEMB” ticker for Tembo, subject to completion of the transaction.

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