CCTS

VIVOPOWER ANNOUNCES FURTHER STRATEGIC DIRECT INVESTMENT IN TEMBO FROM EMIRATI INVESTMENT OFFICE

Retrieved on: 
Monday, April 8, 2024

LONDON, April 08, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR, “VivoPower” or the “Company”) is pleased to announce that its subsidiary Tembo e-LV B.V. (“Tembo”) has now met all the milestones to obtain the final follow-on strategic direct equity investment into Tembo, at a pre-money valuation of US$120 million.

Key Points: 
  • Tembo has now met milestones to qualify for the final follow-on investment of US$2.5 million, for an aggregate total investment of US$10 million
    LONDON, April 08, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR, “VivoPower” or the “Company”) is pleased to announce that its subsidiary Tembo e-LV B.V. (“Tembo”) has now met all the milestones to obtain the final follow-on strategic direct equity investment into Tembo, at a pre-money valuation of US$120 million.
  • This is pursuant to a commitment received in June 2023 from a UAE based private investment office backed by a member of the ruling Al Maktoum family of Dubai.
  • VivoPower will continue to retain its majority stake in Tembo.
  • Tembo recently announced a binding heads of agreement to execute a business combination agreement with CCTS, a NASDAQ listed SPAC at an indicative pre money equity valuation of US$838m.

VivoPower announces binding heads of agreement to merge Tembo into NASDAQ listed CCTS at an indicative US$838m Equity Value

Retrieved on: 
Tuesday, April 2, 2024

Tembo E-LV (“Tembo”), a subsidiary of VivoPower International PLC (“VivoPower”), will merge with CCTS (“Cactus Acquisition Corp. 1 Limited”), a NASDAQ-listed company.

Key Points: 
  • Tembo E-LV (“Tembo”), a subsidiary of VivoPower International PLC (“VivoPower”), will merge with CCTS (“Cactus Acquisition Corp. 1 Limited”), a NASDAQ-listed company.
  • VivoPower shareholders on the final record date will receive 5 Tembo Group shares for each 1 VivoPower share held.
  • A business combination between CCTS and Tembo will be effected through the merger of CCTS with and into Tembo, with Tembo surviving the merger.
  • CCTS will issue 83.8 million shares in exchange for Tembo shares at $10 per CCTS share.

CACTUS ACQUISITION CORP. 1 LIMITED ANNOUNCES CONTRIBUTIONS TO TRUST ACCOUNT IN CONNECTION WITH PROPOSED EXTENSION

Retrieved on: 
Monday, October 30, 2023

The Company has not asked the Sponsor to reserve for, nor has the Company independently verified whether the Sponsor will have sufficient funds to satisfy, any such Contributions.

Key Points: 
  • The Company has not asked the Sponsor to reserve for, nor has the Company independently verified whether the Sponsor will have sufficient funds to satisfy, any such Contributions.
  • The Contributions will be evidenced by a non-interest bearing, unsecured promissory note and will be repayable by the Company upon consummation of an initial business combination.
  • Any Contribution is conditioned on the approval of the proposals related to the Extension at the Meeting and the implementation of the Extension.
  • Any redemptions of public shares on or after January 1, 2023, including in connection with the Extension, may be subject to such excise tax.

CACTUS ACQUISITION CORP. 1 LTD. ANNOUNCES CONTRIBUTIONS TO TRUST ACCOUNT IN CONNECTION WITH PROPOSED EXTENSION

Retrieved on: 
Wednesday, April 12, 2023

The Company has not asked the Sponsor to reserve for, nor has the Company independently verified whether the Sponsor will have sufficient funds to satisfy, any such Contributions.

Key Points: 
  • The Company has not asked the Sponsor to reserve for, nor has the Company independently verified whether the Sponsor will have sufficient funds to satisfy, any such Contributions.
  • The Contributions will be evidenced by a non-interest bearing, unsecured promissory note and will be repayable by the Company upon consummation of an initial business combination.
  • Any Contribution is conditioned on the approval of the requisite proposals at the Meeting and the implementation of the Extension.
  • Any redemptions of public shares on or after January 1, 2023, including in connection with the Extension, may be subject to such excise tax.

Xplore achieves industry-leading improvements in customer service performance

Retrieved on: 
Tuesday, April 4, 2023

Customer complaints about Xplore dropped by 48.6% during the period of August 2022 to January 2023.

Key Points: 
  • Customer complaints about Xplore dropped by 48.6% during the period of August 2022 to January 2023.
  • "Today's CCTS report reflects our unflinching focus on improving the customer experience," said Fran Shammo, President and Chief Executive Officer.
  • "At Xplore, we strive every day to serve the needs of rural Canadians by connecting them to the world with reliable, high-quality, high-speed Internet service.
  • Xplore offers customers across the country access to friendly Canadian-based Customer Care teams as well as 24/7/365 technical support.

Bell continues to champion customer experience with strong CCTS performance improvements

Retrieved on: 
Tuesday, April 4, 2023

The report shows Bell as the only national service provider to experience a decrease in complaints during a period where complaints were up 12% year-over-year across the industry.

Key Points: 
  • The report shows Bell as the only national service provider to experience a decrease in complaints during a period where complaints were up 12% year-over-year across the industry.
  • From August 2022 to January 2023, Bell experienced a 6% reduction in complaints, reducing its overall share to less than 15%.
  • Bell's share of complaints have decreased by 16% year-over year, and an impressive 55% since the 2018-2019 mid-year report was published.
  • "Our continued improvements in CCTS results is evidence that Bell's strategy to champion the customer experience is working, even as complaints increase across the telecommunications industry overall.

Minister Rodriguez announces the appointment of Bram Abramson as Regional Commissioner for Ontario at the Canadian Radio-television and Telecommunications Commission

Retrieved on: 
Monday, January 30, 2023

GATINEAU, QC, Jan. 30, 2023 /CNW/ - Today the Minister of Canadian Heritage, Pablo Rodriguez, announced the appointment of Bram Abramson as Regional Commissioner for Ontario at the Canadian Radio-television and Telecommunications Commission (CRTC) for a five-year term, effective February 15.

Key Points: 
  • GATINEAU, QC, Jan. 30, 2023 /CNW/ - Today the Minister of Canadian Heritage, Pablo Rodriguez, announced the appointment of Bram Abramson as Regional Commissioner for Ontario at the Canadian Radio-television and Telecommunications Commission (CRTC) for a five-year term, effective February 15.
  • This appointment is the result of the Government of Canada's open, transparent, and merit-based selection process for Governor in Council appointments.
  • Mr. Abramson has over 20 years of experience in the regulated communications and technology sectors, advising on a wide range of matters.
  • "Bram Abramson's extensive experience in law and telecommunications will be a great asset in his role as CRTC Ontario Regional Commissioner.

Bell's customer first approach delivers industry leading CCTS improvements

Retrieved on: 
Wednesday, November 30, 2022

While complaints to the CCTS as a whole decreased by 25%, Bell again outpaced national competitors with an impressive 38% decrease.

Key Points: 
  • While complaints to the CCTS as a whole decreased by 25%, Bell again outpaced national competitors with an impressive 38% decrease.
  • "Our impressive CCTS results highlight the positive effects of our team's commitment to delivering customer-first service experiences," said Mirko Bibic, President and CEO of BCE Inc. and Bell Canada.
  • "I am so proud of the progress we've made to match our accelerated broadband network expansion investments with enhancements to our customer service processes and digital self-serve platforms.
  • We recognize that the journey continues and we strive every day to make it easier for our customers to do business with Bell.

TELUS leads the pack with fewest complaints amongst national carriers for 11th year in a row

Retrieved on: 
Wednesday, November 30, 2022

VANCOUVER, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) -- For the 11th consecutive year, TELUS leads the industry with the fewest complaints amongst national carriers as confirmed by this years Commission for Complaints about Telecom-Television Services (CCTS) report.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) -- For the 11th consecutive year, TELUS leads the industry with the fewest complaints amongst national carriers as confirmed by this years Commission for Complaints about Telecom-Television Services (CCTS) report.
  • I want to thank our customers for their loyalty and feedback, and our entire TELUS team who go above and beyond every single day.
  • In July, US-based Ookla recognized TELUS as the fastest mobile provider in Canada, representing the 10th consecutive time TELUS has received this award.
  • For more information about TELUS, please visit telus.com , follow us @TELUSNews on Twitter and @Darren_Entwistle on Instagram.

IsoPlexis Announces the Appointment of former Luminex Corporation Chairman and CEO, Nachum “Homi” Shamir to its Board of Directors

Retrieved on: 
Tuesday, August 23, 2022

Mr. Shamir was most recently the Chairman and Chief Executive Officer of Luminex Corporation from 2014 through its sale to DiaSorin S.p.A. in 2021.

Key Points: 
  • Mr. Shamir was most recently the Chairman and Chief Executive Officer of Luminex Corporation from 2014 through its sale to DiaSorin S.p.A. in 2021.
  • Mr. Shamir currently serves on the Board of Directors of Strata Skin Sciences (Nasdaq: SSKN); and as Chairman of the Boards of Mediwound (Nasdaq: MDWD) and Cactus Acquisition Corp. (Nasdaq: CCTS).
  • On behalf of IsoPlexis's shareholders and Board, I would like to welcome Homi to our Board.
  • IsoPlexis has been named Top Innovation or Design by The Scientist Magazine, Fierce, BIG Innovation, Red Dot and multiple others.