VivoPower International plc Regains Nasdaq Compliance and Expands with $121 Million Investment Led by Prince Abdulaziz

Reuters
27 Jun
<a href="https://laohu8.com/S/VVPR">VivoPower</a> International plc Regains Nasdaq Compliance and Expands with $121 Million Investment Led by Prince Abdulaziz

VivoPower International PLC has announced a significant expansion following a successful US$121 million Regulation S investment round, led by His Royal Highness Prince Abdulaziz bin Turki bin Talal Al Saud. The first phase of this private placement has closed with US$60.5 million in gross proceeds. As a result, VivoPower believes it has regained compliance with Nasdaq Listing Rule 5550(b)(1), with a pro forma stockholders' equity of approximately US$20 million as of May 31, 2025. The investment forms part of VivoPower's new XRP-focused digital asset treasury strategy and marks a pivotal moment for the company, which had previously reported a stockholders' equity deficit. This development positions VivoPower for continued growth and stability within the Nasdaq Capital Market.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-016637), on June 26, 2025, and is solely responsible for the information contained therein.

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