CoinVoice has recently learned that, according to GlobeNewswire, the NASDAQ-listed XRP treasury company VivoPower International announced that its subsidiary Tembo will receive a PIPE investment from Energi Holdings at a valuation of $200 million.
After the transaction is completed, Energi Holdings will hold 51% of Tembo's shares. This transaction is still subject to review by the U.S. Securities and Exchange Commission (SEC). [Original link]