VivoPower Provides Update on Non-Binding Takeover Offer at Enterprise Value of US$180 Million and Tembo Business Combination Agreement at Combined Enterprise Value of US$904 Million

Core Points - VivoPower International PLC is currently engaged in negotiations for a non-binding takeover offer from Energi Holdings Limited, with an increased enterprise valuation of US$180 million from the original US$120 million [1][2] - The company is also working on a business combination agreement with Cactus Acquisition Corporation 1 Limited, with a combined enterprise valuation of US$904 million, assuming no public trust redemptions [1] - VivoPower plans to file an F-4 registration statement with the U.S. Securities and Exchange Commission regarding the Tembo business combination agreement within April 2025 [3] Company Overview - VivoPower, established in 2014 and listed on Nasdaq since 2016, is a global sustainable energy solutions B Corporation focused on electric solutions for customized fleet applications and ancillary services [4] - The company's core purpose is to provide turnkey decarbonization solutions to help customers achieve net-zero carbon status, with operations in multiple countries including Australia, Canada, the Netherlands, the UK, the US, the Philippines, and the UAE [4]