Bitget App
Trade smarter
Tembo, a subsidiary of VivoPower, receives strategic investment from Energi Holdings at a $200 million valuation
Show original
According to Jinse Finance, Nasdaq-listed XRP treasury company VivoPower International has announced that it has reached an agreement with Energi Holdings Limited, under which the latter will make a PIPE investment in its subsidiary Tembo at a valuation of $200 million. Upon completion of the transaction, Energi Holdings Limited will acquire a 51% stake in the company. The transaction is still subject to review by the U.S. Securities and Exchange Commission.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$115,472.01
+0.27%
Ethereum
ETH
$4,284.14
-0.70%
XRP
XRP
$3.01
+1.62%
Tether USDt
USDT
$1
-0.01%
BNB
BNB
$844.1
+0.81%
Solana
SOL
$181.65
+0.10%
USDC
USDC
$1
+0.02%
TRON
TRX
$0.3502
+1.22%
Cardano
ADA
$0.9282
+1.28%
Dogecoin
DOGE
$0.2189
-1.57%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now