VivoPower's Caret Digital Plans $308 Million NASDAQ Spin-Off, Focuses on Digital Asset Mining

Reuters

06-16

<a href="https://laohu8.com/S/VVPR">VivoPower</a>'s Caret Digital Plans $308 Million NASDAQ Spin-Off, Focuses on Digital Asset Mining

VivoPower International plc has announced plans to spin off its subsidiary, Caret Digital, through a direct IPO on NASDAQ, aiming for a market capitalization of US$308 million. The spin-off will focus on digital asset mining, with an emphasis on mining DOGE and converting it to XRP and BTC. VivoPower shareholders will receive five Caret Digital shares for each share held, subject to a future record date. The company is in negotiations with strategic investors in the Middle East and Asia to raise up to US$50 million to support Caret Digital's growth. Renewable power sources have been identified to ensure operational efficiency.

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 International plc published the original content used to generate this news brief via PR Newswire (Ref. ID: LN10908) on June 16, 2025, and is solely responsible for the information contained therein.

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VivoPower International plc published the original content used to generate this news brief via PR Newswire (Ref. ID: LN10908) on June 16, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250616:nNDL56Rmhp:1","article_id":"2543797216","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543797216","pubTimestamp":1750071666,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"VivoPower International plc has announced plans to spin off its subsidiary, Caret Digital, through a direct IPO on NASDAQ, aiming for a market capitalization of US$308 million. 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