VivoPower

VivoPower International Plc operates as a sustainable energy solutions company, which provides customers with turnkey decarbonization solutions that enable them to achieve net zero carbon status. The firm operates through the following segments: Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, Solar Development, and Corporate Office. The Critical Power Services segment focuses on the design, supply, installation, and maintenance of critical power, control and distribution systems, including for solar farms. The Electric Vehicles segment delivers electric vehicles for mining and other rugged industrial customers. The Sustainable Energy Solutions segment engages in the design, evaluation, sale, and implementation of renewable energy infrastructure to customers both on a standalone basis and in support of Tembo Electric Vehicles. The Solar Development segment represented by caret comprises of 12 solar projects in the US. The Corporate Office segment engages in company’s corporate functions, which includes costs to maintain Nasdaq listing, comply with applicable SEC reporting requirements, and related investor relations. The company was founded by Tser Fah Chin on February 1, 2016 and is headquartered in London, the United Kingdom.

VivoPower International Plc is a sustainable energy solutions company, which engages in the customers with turnkey decarbonization solutions that enable them to achieve net zero carbon status. It operates through the following segments: Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, Solar Development, and Corporate Office. The Critical Power Services segment focuses on the design, supply, installation, and maintenance of critical power, control and distribution systems, including for solar farms. The Electric Vehicles segment delivers electric vehicles for mining and other rugged industrial customers. The Sustainable Energy Solutions segment refers to the design, evaluation, sale, and implementation of renewable energy infrastructure to customers both on a standalone basis and in support of Tembo Electric Vehicles. The Solar Development segment represented by caret comprises of 12 solar projects in the US. The Corporate Office segment includes the company’s corporate functions, which refers to the costs to maintain Nasdaq listing, comply with applicable SEC reporting requirements, and related investor relations. The company was founded by Tser Fah Chin on February 1, 2016 and is headquartered in London, the United Kingdom.

Tembo Tusker is only the 2 nd full electric utility vehicle pick up truck to receive full on road homologation VTA regulatory approval in Australia

VIVOPOWER'S TEMBO SECURES FULL ON ROAD HOMOLOGATION FOR ITS TEMBO TUSKER 100% ELECTRIC VEHICLES IN US$10 bn AUSTRALASIAN PICK UP TRUCK MARKET

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Iconic jeepneys are the main form of public transport in the Philippines, with over 200,000 in service Jeepneys account for approximately one-third of carbon emissions in the country Established in 1953, Sarao Motors is the Philippines' pre-eminent jeepney group Sarao Motors selected Tembo to be its exclusive partner to provide electric jeepneys Tembo will continue to be able to work with other companies to provide electric jeepney solutions LONDON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Tembo E-LV B.V. (“Tembo”), a subsidiary of Nasdaq-listed B Corporation, VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”), is very pleased to announce its definitive partnership agreement with the iconic Philippine jeepney manufacturer Sarao Motors (“Sarao”).

VivoPower's Tembo announces definitive agreement with pre-eminent jeepney group, Sarao Motors, in the Philippines' estimated US$10bn jeepney market

Issue of common stock only Funds will be used to reduce debt and fund inventory for customer orders Transition to capital light business model significantly reduces funding requirements LONDON, Sept. 30, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) ("VivoPower"), a global sustainable energy solutions company, is pleased to announce it has closed its F-1 offering, after the issuance of an aggregate of 3,200,000 Ordinary Shares to institutional investors.

VivoPower decides to close F-1 offering, after successfully raising $4m in gross proceeds from institutional investors

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UK remains attractive market for hydrogen companies with significant incentives introduced and announced by UK Government

(UPDATED) VIVOPOWER AND FUTURE AUTOMOTIVE SOLUTIONS TECHNOLOGIES (FAST) PROFORMA $1.13BN MERGED ENTITY TO BE UK HEADQUARTERED TO QUALIFY FOR $21BN GOVERNMENT CLEAN ENERGY INVESTMENT PROGRAMS

Power infrastructure developer VivoPower International said on Wednesday that the combined company, following its merger with Future Automotive Solutions and Technologies (FAST), would be headquartered in the United Kingdom.

VivoPower, Future Automotive combined company to be headquartered in UK

VivoPower and Future Automotive Solutions and Technologies (FAST) Pro Forma US$1.13bn merged entity to be headquartered in the UK in an effort to qualify for $21bn government clean energy investment programmes

Power infrastructure developer VivoPower International said on Tuesday it has signed a non-binding agreement to merge with Canada's Future Automotive Solutions and Technologies (FAST), which would create a $1.13 billion combined company.

UK's VivoPower to combine with Canadian hydrogen technology firm in $1.13 bln deal

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VivoPower secures Mpox diagnostic tests distribution heads of agreement for Singapore, Hong Kong and Australia with Sansure Biotech Inc

Annual consolidated revenue of $11.8 million down 22% year-on-year (“y-o-y”) reflecting a strategic focus towards the Electric Vehicle and Sustainable Energy Solutions business units and discontinuation and sale of Critical Power business units in Australia

VivoPower International PLC Reports Preliminary Estimated Unaudited Financial Results for the Fiscal Year Ended June 30, 2024

Independent third-party fairness opinion was obtained and satisfactorily completed Pro forma fully diluted combined enterprise value assumes no public trust redemptions

Tembo E-LV, a subsidiary of Nasdaq-listed VivoPower International PLC (“VVPR”) executes a definitive Business Combination Agreement with CCTS for a combined enterprise value of US$904 million

Exclusivity period for Heads of Agreement extended to 31 August 2024 Extension to enable Tembo to consummate material transaction and update disclosure LONDON, July 30, 2024 (GLOBE NEWSWIRE) -- The Nasdaq-listed B Corp, VivoPower International PLC (Nasdaq: VVPR, “VivoPower”), announced 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.

(UPDATED) VIVOPOWER'S TEMBO EXTENDS HEADS OF AGREEMENT EXCLUSIVITY FOR US$838M MERGER WITH CCTS

Exclusivity period for Heads of Agreement extended to 31 August 2024 Extension to enable Tembo to consummate material transaction and update disclosure 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.

VIVOPOWER'S TEMBO EXTENDS HEADS OF AGREEMENT EXCLUSIVITY FOR US$838M MERGER WITH CCTS

Vivopower (NASDAQ: VVPR ) stock is on the rise Wednesday as investors react to the sustainable energy solutions company securing an extended loan financing facility agreement. Vivopower says that it has entered into an agreement with its major shareholder AWN Holdings Limited.

Why Is Vivopower (VVPR) Stock Up 101% Today?

Agreement consolidates major shareholder loan into single US$34m tranche Extends tenure of non-dilutive financing at VivoPower level Loan amended to be all non-current status, improving VivoPower's balance sheet profile Agreement confirms continued major shareholder support for VivoPower and confidence in the Tembo transaction LONDON, July 09, 2024 (GLOBE NEWSWIRE) -- Nasdaq-listed B Corp VivoPower International PLC (Nasdaq: VVPR, “VivoPower”) announced today that its independent directors have secured an amendment and extension to its US$34m shareholder loan financing agreement following the conclusion of negotiations with the independent directors of its major shareholder, AWN Holdings Limited (“AWN”). As part of the amended terms, VivoPower has consolidated all of its shareholder loans at VivoPower International PLC level, as well as amending all of the outstanding loans to non-current status.

VIVOPOWER SECURES EXTENSION FOR US$34M LOAN FINANCING FACILITY AGREEMENT

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.

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

Vivopower (NASDAQ: VVPR ) stock is soaring higher on Wednesday following news that its Tembo subsidiary is closing in on a merger. Tembo is seeking to merge with special purpose acquisition company (SPAC) Cactus Acquisition Corporation (NASDAQ: CCTS ).

Why Is Vivopower (VVPR) Stock Up 120% Today?

Exclusivity period for Heads of Agreement extended to 31 July 2024 LONDON, July 02, 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.

VIVOPOWER'S TEMBO CONFIRMS HEADS OF AGREEMENT EXCLUSIVITY EXTENSION FOR US$838M MERGER WITH CCTS

LONDON, July 02, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR, "VivoPower” or the "Company”) is pleased to announce that it has completed the sale of one of its non-core business units, Kenshaw Electrical (“Kenshaw”), to ARA Group Limited (“ARA”), a leading diversified industrial services group based in Australia. This follows the announcement on April 29, that a definitive asset sale agreement had been reached with ARA with expected timing for completion of July 1. The divestment is in line with VivoPower's previously announced strategy to focus on reinvesting in its strong growth businesses including Tembo.

VIVOPOWER ANNOUNCES COMPLETION OF KENSHAW SALE

Tembo has secured a minimum of 200 Tuskers for the Australia and NZ markets Australian sales of pick up trucks reached approximately US$700m in the month of May 2024 Tembo exhibited the Tuskers successfully at leading Australian mining focused trade show Interest and demand for Tuskers has been significantly stronger than expected Tembo is now accelerating a push into other markets for the Tuskers LONDON, June 18, 2024 (GLOBE NEWSWIRE) -- the NASDAQ listed B Corp, VivoPower International PLC (“VivoPower”) announced today that its electric vehicle subsidiary, Tembo E-LV B.V. (“Tembo”) has secured a minimum 200 committed Tembo Tuskers, its full electric pick up utility vehicle (“Tembo Tusker”) for delivery to customers and partners in Australia and New Zealand by February 2026.

VIVOPOWER'S TEMBO SECURES 200 TUSKERS WORTH US$10M

Ground breaking strategic development allows Tembo to bypass capex intensive assembly process and fast track path to profitable revenues

VIVOPOWER'S TEMBO LAUNCHES FULL ELECTRIC PICK UP UTILITY VEHICLE WITH CAPITAL LIGHT GLOBAL SUPPLY CHAIN

LONDON, May 06, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) has announced that Executive Chairman and CEO, Kevin Chin, is increasing his shareholding in the Company by a net total of 100,000 shares, representing approximately 2.7% of the undiluted number of issued and outstanding shares of the Company. This is expected to be through a combination of on-market and off-market transactions.

VIVOPOWER EXECUTIVE CHAIRMAN AND CEO FILES FORM 4 TO INCREASE SHAREHOLDING TO 13.5%

Investment commitment secured from private investment office backed by member of ruling Al Maktoum family of Dubai

VIVOPOWER ANNOUNCES FURTHER STRATEGIC DIRECT INVESTMENT IN TEMBO FROM EMIRATI INVESTMENT OFFICE

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”, "VivoPower") today announced that its Board of Directors (the "Board") has authorized a capital management strategy including a stock buyback program (the "Stock Buyback Program") pursuant to which the Company is authorized to purchase up to US$5 million of the Company's outstanding common stock. The Stock Buyback Program has an expiration date of April 3, 2025 and may be suspended, terminated, amended or modified by the Board at any time without prior notice at the Board's discretion.

News for VivoPower Stock (VVPR)