---
title: "VivoPower drops planned Tembo special dividend, sticks with Cactus Acquisition deal for unit merger"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291591842.md"
description: "VivoPower has abandoned plans for a Tembo special dividend and is proceeding with the merger of Tembo into Cactus Acquisition Corp. 1, forming Tembo Group. The transaction leaves VivoPower with a minority stake. Nasdaq approved the 'TEMB' ticker pending deal completion, while the registration statement remains under SEC review."
datetime: "2026-07-02T21:25:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291591842.md)
  - [en](https://longbridge.com/en/news/291591842.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291591842.md)
---

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

-   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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VivoPower plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607021725PRIMZONEFULLFEED9756405) on July 02, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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