VivoPower International has received official approval from Nasdaq for assigning the ticker symbol "Temb" to its planned spin-off subsidiary, Tembo.
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This independent listing of Tembo sets a target valuation of approximately $838 million. This move marks a key step for VivoPower in advancing its strategic plans, aiming to unlock the independent value of Tembo's business through the spin-off and to raise funds for future growth.
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