VivoPower International PLC ( VVPR ) shares are trading higher Wednesday after the company announced its electric vehicle subsidiary, Tembo e-LV B.V., has agreed to a one month extension of its exclusive heads of agreement with Cactus Acquisition Corporation I . 

The Details:

VivoPower ( VVPR ) said the extension is intended to provide additional time to finalize the definitive business combination agreement relating to the proposed transaction as well as the independent fairness opinion.

Tembo continues to negotiate with Cactus to conclude the definitive business combination agreement.

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VivoPower ( VVPR ) also announced it has completed the sale of one of its non-core business units, Kenshaw Electrical, to ARA Group Limited on Tuesday. 

VivoPower ( VVPR ) shares are moving on heavy trading volume Wednesday. According to data from Benzinga Pro, more than 40.6 million shares have already been traded in the session, compared to the stock’s 100-day average of 2.984 million shares.

How To Buy VVPR Stock:

By now you're likely curious about how to participate in the market for Vivopower ( VVPR ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of Vivopower ( VVPR ), which is trading at $2.85 as of publishing time, $100 would buy you 35.09 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

VVPR Price Action: According to Benzinga Pro, VivoPower International ( VVPR ) shares are up 86% at $2.80 at the time of publication Wednesday.

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