VivoPower Believes It Meets Nasdaq Equity Requirement Following Reg S Investment
VivoPower International (NASDAQ:VVPR) announced it believes it has regained compliance with Nasdaq's minimum stockholders' equity requirement following a significant US$121 million Regulation S investment round. The company has successfully closed the first phase of the private placement, raising US$60.5 million in gross proceeds, led by HRH Prince Abdulaziz bin Turki bin Talal Al Saud.
The company's preliminary pro forma stockholders' equity as of May 31, 2025, stands at approximately US$20 million, well above Nasdaq's minimum requirement of US$2.5 million. This marks a significant improvement from the US$40.5 million stockholders' equity deficit reported in June 2024.
VivoPower International (NASDAQ:VVPR) ha annunciato di ritenere di aver ristabilito la conformità al requisito minimo di patrimonio netto richiesto da Nasdaq, grazie a un significativo round di investimento Regulation S da 121 milioni di dollari USA. L'azienda ha concluso con successo la prima fase del collocamento privato, raccogliendo 60,5 milioni di dollari USA di proventi lordi, guidata da SAR Principe Abdulaziz bin Turki bin Talal Al Saud.
Il patrimonio netto preliminare pro forma della società al 31 maggio 2025 ammonta a circa 20 milioni di dollari USA, ben al di sopra del requisito minimo di Nasdaq di 2,5 milioni di dollari USA. Questo rappresenta un miglioramento significativo rispetto al deficit di patrimonio netto di 40,5 milioni di dollari USA registrato a giugno 2024.
VivoPower International (NASDAQ:VVPR) anunció que considera haber recuperado el cumplimiento con el requisito mínimo de patrimonio neto de Nasdaq tras una significativa ronda de inversión Regulation S por 121 millones de dólares estadounidenses. La compañía ha cerrado con éxito la primera fase de la colocación privada, recaudando 60,5 millones de dólares estadounidenses en ingresos brutos, liderada por Su Alteza Real el Príncipe Abdulaziz bin Turki bin Talal Al Saud.
El patrimonio neto pro forma preliminar de la empresa al 31 de mayo de 2025 es de aproximadamente 20 millones de dólares estadounidenses, muy por encima del requisito mínimo de Nasdaq de 2,5 millones de dólares. Esto representa una mejora significativa respecto al déficit de patrimonio neto de 40,5 millones de dólares reportado en junio de 2024.
VivoPower International (NASDAQ:VVPR)는 1억 2,100만 달러 규모의 Regulation S 투자 라운드을 통해 나스닥의 최소 주주 자본 요건을 충족했다고 발표했습니다. 회사는 HRH 프린스 Abdulaziz bin Turki bin Talal Al Saud가 주도하는 사모 배정 1단계에서 6,050만 달러의 총 수익을 성공적으로 모금했습니다.
2025년 5월 31일 기준 회사의 예비 프로포마 주주 자본은 약 2,000만 달러로, 나스닥의 최소 요건인 250만 달러를 훨씬 상회합니다. 이는 2024년 6월 보고된 4,050만 달러 주주 자본 적자에서 크게 개선된 수치입니다.
VivoPower International (NASDAQ:VVPR) a annoncé qu'elle estime avoir retrouvé la conformité avec l'exigence minimale de capitaux propres de Nasdaq suite à un important tour d'investissement Regulation S de 121 millions de dollars US. La société a clôturé avec succès la première phase du placement privé, levant 60,5 millions de dollars US de produits bruts, menée par SAR le Prince Abdulaziz bin Turki bin Talal Al Saud.
Les capitaux propres pro forma préliminaires de la société au 31 mai 2025 s'élèvent à environ 20 millions de dollars US, bien au-dessus du seuil minimum de Nasdaq fixé à 2,5 millions de dollars. Cela représente une amélioration significative par rapport au déficit de capitaux propres de 40,5 millions de dollars rapporté en juin 2024.
VivoPower International (NASDAQ:VVPR) gab bekannt, dass es glaubt, die Einhaltung der Mindestanforderung an das Eigenkapital der Nasdaq nach einer bedeutenden Regulation S-Investitionsrunde in Höhe von 121 Millionen US-Dollar wiederhergestellt zu haben. Das Unternehmen hat die erste Phase der Privatplatzierung erfolgreich abgeschlossen und dabei 60,5 Millionen US-Dollar Bruttoerlöse erzielt, angeführt von SAR Prinz Abdulaziz bin Turki bin Talal Al Saud.
Das vorläufige pro forma Eigenkapital des Unternehmens zum 31. Mai 2025 beträgt etwa 20 Millionen US-Dollar und liegt damit deutlich über der Mindestanforderung der Nasdaq von 2,5 Millionen US-Dollar. Dies stellt eine erhebliche Verbesserung gegenüber dem im Juni 2024 gemeldeten Eigenkapitaldefizit von 40,5 Millionen US-Dollar dar.
- Secured substantial US$121 million Regulation S investment round
- Successfully closed first phase with US$60.5 million in gross proceeds
- Pro forma stockholders' equity improved to US$20 million from previous US$40.5 million deficit
- Likely to maintain Nasdaq listing by meeting minimum equity requirement
- Financial results are preliminary and unaudited, subject to revision
- Risk of future delisting if compliance not maintained in next periodic report
- Previous significant stockholders' equity deficit of US$40.5 million indicates historical financial challenges
Insights
VivoPower likely averts Nasdaq delisting through $121M investment, transforming $40.5M deficit into estimated $20M positive equity.
VivoPower appears to have successfully addressed a critical compliance issue that threatened its Nasdaq listing status. The company has transformed from a $40.5 million stockholders' equity deficit to an estimated positive $20 million equity position following a substantial
The first phase of this private placement has officially closed with binding commitments totaling
While this preliminary financial information suggests VivoPower has exceeded the regulatory threshold by a substantial margin, investors should note several important caveats: 1) These figures are unaudited, 2) They represent pro forma calculations as of May 31, not finalized financial statements, and 3) Nasdaq will continue monitoring compliance, with potential delisting risk remaining if subsequent financial reports fail to maintain the required equity level.
The dramatic equity transformation indicates this investment was structured specifically to address the compliance issue, likely through a combination of debt reduction and direct equity injection. The company's mention of an "XRP-focused digital asset treasury strategy" alongside this investment suggests a significant strategic pivot that may introduce new operational directions and risk factors beyond the immediate regulatory compliance benefit.
Company believes it has regained compliance with pro forma net equity of approximately US
US
Including binding close of first-phase private placement totalling US
LONDON, June 26, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) is pleased to announce that, based on a binding close of the first phase of the private placement and corresponding accounting treatment, the Company believes it has regained compliance with Nasdaq Listing Rule 5550(b)(1), with a pro forma stockholders’ equity of approximately US
On January 3, 2025, the Company received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of US
On April 24, 2025, Nasdaq notified the Company of its determination to grant an extension of time to regain compliance with the Rule. The terms of the extension required that on or before July 2, 2025, the Company must file a public report demonstrating compliance with the Rule, including disclosure of the transaction or event that led to compliance.
On May 28, 2025, the Company announced its XRP-focused digital asset treasury strategy and a US
Based on this development, the Company believes its preliminary pro forma stockholders’ equity as of May 31, 2025, is approximately US
In accordance with its normal operating procedure, Nasdaq will continue to monitor the Company’s ongoing compliance with the stockholders’ equity requirement and, if at the time of its next periodic report the Company does not evidence compliance, it may be subject to delisting.
The unaudited financial information provided herein is based on preliminary results and information as of the date hereof and is subject to revision in connection with the Company’s financial closing procedures and finalization of the Company’s financial statements for the year ended June 30, 2025. Actual results for the period presented may differ materially from these preliminary unaudited financial results. In addition, these preliminary results have not been audited by the Company’s independent registered public accounting firm.
About VivoPower
VivoPower International PLC (NASDAQ: VVPR) is undergoing a strategic transformation into the world’s first XRP-focused digital asset enterprise. The Company’s new direction centers on the acquisition, management, and long-term holding of XRP digital assets as part of a diversified digital treasury strategy. Through this shift, VivoPower aims to contribute to the growth and utility of the XRP Ledger (XRPL) by supporting decentralized finance (DeFi) infrastructure and real-world blockchain applications.
Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower operates with a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. An award-winning global sustainable energy solutions B Corporation, VivoPower has two business units, Tembo and Caret Digital. Tembo is focused on electric solutions for off-road and on-road customized and ruggedized fleet applications as well as ancillary financing, charging, battery and microgrids solutions. Caret Digital is a power-to-x business focused on the highest and best use cases for renewable power, including digital asset mining.
Forward-Looking Statements
This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise. There can be no assurances that VivoPower will consummate the proposed transaction on the terms currently contemplated, or at all, as it will be subject to market conditions.
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