Vivopower International Plc SEC Filings

VivoPower PLC is advancing its Norway AI data center strategy by shortlisting AI operator tenants for its 41.5MW Mo i Rana facility after a competitive bidding process. Management received multiple firm lease proposals and unsolicited offers to buy all or part of the asset at a premium to the recent acquisition price but rejected a sale, viewing long-term AI leases as more valuable.

The Mo i Rana site is fully operational, powered by 100% renewable hydroelectric energy at a cost below US$0.035/kWh, and currently contributes about $31 million in annual revenue and $10 million in EBITDA. VivoPower targets final agreements with selected AI tenants by June 30, 2026, and sees potential to add a further 40MW of capacity within 18–24 months, subject to regulatory approval, which would lift total capacity to over 80MW.

VivoPower PLC ownership disclosure: TAG INTL DMCC reports beneficial ownership of 6,500,000 ordinary shares, representing 23.60% of the class. The filer states sole power to vote and to dispose of 6,500,000 shares. Signature dated 05/18/2026.

VivoPower PLC ownership disclosure: TAG INTL DMCC reports beneficial ownership of 6,500,000 ordinary shares, representing 23.60% of the class. The filer states sole power to vote and to dispose of 6,500,000 shares. Signature dated 05/18/2026.

VivoPower PLC has completed its $41 million acquisition of Cowa subsidiaries that own a 41.5MW, hydro-powered data center in Norway, with no additional public equity raising required. On a pro forma basis, the acquired operations contribute approximately US$31 million in annualized revenue and about US$10 million in annualized EBITDA, shifting the group to an EBITDA-profitable run rate versus a pre-acquisition pro forma EBITDA loss of about $8 million.

The facility is powered by 100% renewable hydroelectric energy at a cost below US$0.035/kWh and has potential expansion capacity of an additional 40MW, subject to regulatory approval, which would take total site capacity to over 80MW. VivoPower is exploring AI compute use cases with potential tenants and highlights that Tembo-related operating and overhead costs, totaling roughly $8 million annually, could largely fall away if a proposed Tembo business combination and separate Nasdaq listing are completed.

VivoPower PLC has completed its $41 million acquisition of Cowa subsidiaries that own a 41.5MW, hydro-powered data center in Norway, with no additional public equity raising required. On a pro forma basis, the acquired operations contribute approximately US$31 million in annualized revenue and about US$10 million in annualized EBITDA, shifting the group to an EBITDA-profitable run rate versus a pre-acquisition pro forma EBITDA loss of about $8 million.

The facility is powered by 100% renewable hydroelectric energy at a cost below US$0.035/kWh and has potential expansion capacity of an additional 40MW, subject to regulatory approval, which would take total site capacity to over 80MW. VivoPower is exploring AI compute use cases with potential tenants and highlights that Tembo-related operating and overhead costs, totaling roughly $8 million annually, could largely fall away if a proposed Tembo business combination and separate Nasdaq listing are completed.

VivoPower PLC has completed its acquisition of the Mo i Rana data center in northern Norway and launched a formal, competitive lease bidding process for tenants. The fully operational facility provides 41.5MW of capacity for AI compute workloads and is powered by 100% renewable hydroelectric energy at a cost below US$0.035/kWh, which is described as among the lowest power costs for data centers in Europe.

The site has a pathway to expand by an additional 40MW, subject to regulatory approval, which would take total capacity to over 80MW. VivoPower currently generates about $31 million in annual revenue and $10 million in EBITDA from the data center and expects new tenant leases to further improve these economics. Prospective tenants, including AI neocloud operators and hyperscalers, will be evaluated via an RFP on commercial terms, financial strength, operational alignment, strategic fit with VivoPower’s sovereign AI infrastructure strategy, and options for future capacity expansion.

VivoPower PLC has completed its acquisition of the Mo i Rana data center in northern Norway and launched a formal, competitive lease bidding process for tenants. The fully operational facility provides 41.5MW of capacity for AI compute workloads and is powered by 100% renewable hydroelectric energy at a cost below US$0.035/kWh, which is described as among the lowest power costs for data centers in Europe.

The site has a pathway to expand by an additional 40MW, subject to regulatory approval, which would take total capacity to over 80MW. VivoPower currently generates about $31 million in annual revenue and $10 million in EBITDA from the data center and expects new tenant leases to further improve these economics. Prospective tenants, including AI neocloud operators and hyperscalers, will be evaluated via an RFP on commercial terms, financial strength, operational alignment, strategic fit with VivoPower’s sovereign AI infrastructure strategy, and options for future capacity expansion.

VivoPower PLC has completed its acquisition of Cowa subsidiaries owning a 41.5MW data center in Norway for $41 million, funded without additional public equity. The facility runs on 100% renewable hydroelectric power at less than $0.035/kWh and has potential expansion of 40MW, taking total capacity above 80MW subject to regulatory approval.

The acquired operations contribute approximately $31 million in annualized revenue and $10 million in pro forma EBITDA, which management says makes VivoPower EBITDA-profitable on a group level, compared with an Adjusted EBITDA loss of about $8.2 million for continuing operations in the year ended June 30, 2025. The company is exploring AI computing use cases for the site and notes that Tembo-related operating and overhead costs of roughly $8 million annually could largely fall away if a proposed Tembo business combination and separate Nasdaq listing are completed.

VivoPower PLC has completed its acquisition of Cowa subsidiaries owning a 41.5MW data center in Norway for $41 million, funded without additional public equity. The facility runs on 100% renewable hydroelectric power at less than $0.035/kWh and has potential expansion of 40MW, taking total capacity above 80MW subject to regulatory approval.

The acquired operations contribute approximately $31 million in annualized revenue and $10 million in pro forma EBITDA, which management says makes VivoPower EBITDA-profitable on a group level, compared with an Adjusted EBITDA loss of about $8.2 million for continuing operations in the year ended June 30, 2025. The company is exploring AI computing use cases for the site and notes that Tembo-related operating and overhead costs of roughly $8 million annually could largely fall away if a proposed Tembo business combination and separate Nasdaq listing are completed.

VivoPower PLC filed an initial insider ownership report for officer Peter Jeavons. The Form 3 shows he directly holds 93,482 Ordinary Shares of the company. This filing records his existing position and does not report any recent share purchases or sales.

VivoPower PLC filed an initial insider ownership report for officer Peter Jeavons. The Form 3 shows he directly holds 93,482 Ordinary Shares of the company. This filing records his existing position and does not report any recent share purchases or sales.

VivoPower PLC director Hui Michael Singee reported his ownership on a Form 3. He holds 33,617 Ordinary Shares directly following the reported position. This filing records his equity stake as an insider but does not show any recent share purchases or sales.

VivoPower PLC director Hui Michael Singee reported his ownership on a Form 3. He holds 33,617 Ordinary Shares directly following the reported position. This filing records his equity stake as an insider but does not show any recent share purchases or sales.

VivoPower PLC is converting 2,961,000 Nasdaq‑listed Class A ordinary shares held by Executive Chairman and CEO Kevin Chin and affiliated entities into the same number of unlisted Class B ordinary shares with enhanced voting rights. These Class B shares are not listed on Nasdaq and are not freely tradable, so the move reduces the publicly tradable float while concentrating voting power with insiders. The conversion follows board and management purchases of 2,650,000 shares on February 18, 2026 and is authorized under a dual‑class structure approved by shareholders on January 30, 2026. VivoPower frames the step as part of a broader, non‑dilutive capital strategy that includes terminating its at‑the‑market equity offering agreement with Chardan and withdrawing a $180M Form F‑3 shelf registration, emphasizing project‑level financing for its AI data center and powered land business rather than new equity issuance at the parent level.

VivoPower PLC is converting 2,961,000 Nasdaq‑listed Class A ordinary shares held by Executive Chairman and CEO Kevin Chin and affiliated entities into the same number of unlisted Class B ordinary shares with enhanced voting rights. These Class B shares are not listed on Nasdaq and are not freely tradable, so the move reduces the publicly tradable float while concentrating voting power with insiders. The conversion follows board and management purchases of 2,650,000 shares on February 18, 2026 and is authorized under a dual‑class structure approved by shareholders on January 30, 2026. VivoPower frames the step as part of a broader, non‑dilutive capital strategy that includes terminating its at‑the‑market equity offering agreement with Chardan and withdrawing a $180M Form F‑3 shelf registration, emphasizing project‑level financing for its AI data center and powered land business rather than new equity issuance at the parent level.

VivoPower PLC has terminated its $180 million Form F-3 registration statement, which had allowed potential sales of its ordinary shares. The company confirms that no shares were issued or sold under this shelf and no further sales will be made pursuant to it.

Management states the decision follows a review of operating cash flow outlook, capital requirements, alternative economically non-dilutive funding sources at the project or asset level, and market conditions. VivoPower says its projected cash flow from operations and non-dilutive funding options remove the need to raise ATM capital and align with the Board’s focus on disciplined capital allocation and avoiding, where possible, dilutive equity raising.

VivoPower PLC, formerly VivoPower International PLC, has completed its corporate rebranding and now trades on Nasdaq under the new stock ticker “VIVO”, effective before the open of trading on March 16, 2026. The legal name has changed to VivoPower PLC, but shareholder rights remain unchanged and no action is required from existing holders.

The company reiterates its strategy as a B Corp-certified developer and owner of powered land and data center infrastructure for AI compute applications. VivoPower focuses on aggregating power-secured land and monetizing it through long-term, bankable lease contracts with sovereign nations, hyperscalers, neocloud providers, and other tenants.