UK's VivoPower to combine with Canadian hydrogen technology firm in $1.13 billion deal [Yahoo! Finance Canada]
VivoPower International PLC - Ordinary Shares (VVPR)
US:NASDAQ Investor Relations:
vivopower.com/shareholders
Company Research
Source: Yahoo! Finance Canada
Future Automotive Solutions and Technologies (FAST), which would create a $1.13 billion combined company. The agreement values VivoPower's equity at $556 million and FAST at $578 million, and allows the companies an exclusive period of 90 days to reach a definitive agreement, U.K.-based VivoPower said. Shares of VivoPower were down 2.3% in early trading after the deal with FAST, which converts traditional internal combustion engine vehicles to run on hydrogen. A key condition for the deal is the completion of a $904 million merger between VivoPower's unit, Tembo E-LV, and blank check firm Cactus Acquisition, VivoPower said. Tembo specializes in electric-battery and off-road vehicles for sectors including mining, utilities, infrastructure, government services and humanitarian aid. (Reporting by Sourasis Bose in Bengaluru; Editing by Shinjini Ganguli)
Show less
Read more
Impact Snapshot
Event Time:
VVPR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VVPR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VVPR alerts
High impacting VivoPower International PLC - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
VVPR
News
- (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 PROGRAMSGlobeNewswire
- 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 [Yahoo! Finance]Yahoo! Finance
- 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 programmesGlobeNewswire
- VivoPower, Future Automotive Solutions to merge in $1.13B deal [Seeking Alpha]Seeking Alpha
- VivoPower announces strategic merger heads of agreement with FAST at a pro-forma combined equity value of US$1.13bnGlobeNewswire
VVPR
Sec Filings
- 9/26/24 - Form 424B3
- 9/26/24 - Form 6-K/A
- 9/25/24 - Form 424B3
- VVPR's page on the SEC website