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[6-K] VivoPower International PLC Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

VivoPower International PLC (VVPR) has received a Nasdaq notice confirming that it now satisfies Listing Rule 5550(b)(1), which requires a minimum US$2.5 million in stockholders’ equity. The company reversed its previously reported US$40.5 million equity deficit (FY 2024) by completing the first phase of a US$121 million private placement, generating US$60.5 million in gross proceeds. This capital infusion eliminates the immediate delisting threat. Nasdaq will continue to monitor compliance; failure to maintain the threshold in the FY 2025 report could still result in delisting proceedings, subject to appeal. The Form 6-K is incorporated into several existing S-8 and F-3 registration statements.

VivoPower International PLC (VVPR) ha ricevuto una comunicazione da Nasdaq che conferma il rispetto della Regola di Quotazione 5550(b)(1), che richiede un patrimonio netto minimo di 2,5 milioni di dollari USA. La società ha annullato il deficit patrimoniale di 40,5 milioni di dollari USA riportato in precedenza (anno fiscale 2024) completando la prima fase di un collocamento privato da 121 milioni di dollari, generando proventi lordi per 60,5 milioni di dollari. Questa iniezione di capitale elimina la minaccia immediata di esclusione dalla quotazione. Nasdaq continuerà a monitorare la conformità; il mancato mantenimento della soglia nel rapporto dell'anno fiscale 2025 potrebbe comunque portare a procedimenti di esclusione, con possibilità di ricorso. Il modulo 6-K è incorporato in diverse dichiarazioni di registrazione S-8 e F-3 già esistenti.

VivoPower International PLC (VVPR) ha recibido un aviso de Nasdaq que confirma que ahora cumple con la Regla de Cotización 5550(b)(1), que exige un patrimonio neto mínimo de 2,5 millones de dólares estadounidenses. La compañía revirtió su déficit patrimonial previamente reportado de 40,5 millones de dólares (año fiscal 2024) al completar la primera fase de una colocación privada de 121 millones de dólares, generando ingresos brutos de 60,5 millones de dólares. Esta inyección de capital elimina la amenaza inmediata de exclusión. Nasdaq continuará supervisando el cumplimiento; la falta de mantenimiento del umbral en el informe del año fiscal 2025 aún podría resultar en procedimientos de exclusión, sujetos a apelación. El Formulario 6-K está incorporado en varias declaraciones de registro S-8 y F-3 existentes.

VivoPower International PLC (VVPR)가 나스닥으로부터 상장 규칙 5550(b)(1)를 충족했음을 확인하는 통지를 받았습니다. 이 규칙은 최소 250만 달러의 주주 자본을 요구합니다. 회사는 2024 회계연도에 보고된 4,050만 달러의 자본 부족을 1억 2,100만 달러 규모의 사모 발행 1단계 완료를 통해 뒤집었으며, 총 6,050만 달러의 총 수익을 창출했습니다. 이 자본 투입으로 즉각적인 상장 폐지 위협이 해소되었습니다. 나스닥은 계속해서 준수 여부를 모니터링할 예정이며, 2025 회계연도 보고서에서 기준을 유지하지 못할 경우 항소가 가능하나 상장 폐지 절차가 진행될 수 있습니다. Form 6-K는 기존의 여러 S-8 및 F-3 등록 신고서에 포함되어 있습니다.

VivoPower International PLC (VVPR) a reçu un avis de Nasdaq confirmant qu'elle satisfait désormais à la règle de cotation 5550(b)(1), qui exige un capital-actions minimum de 2,5 millions de dollars US. La société a renversé son déficit de capitaux propres précédemment déclaré de 40,5 millions de dollars US (exercice 2024) en complétant la première phase d'un placement privé de 121 millions de dollars, générant 60,5 millions de dollars de produits bruts. Cette injection de capital élimine la menace immédiate de radiation. Nasdaq continuera de surveiller la conformité ; le non-respect du seuil dans le rapport de l'exercice 2025 pourrait toujours entraîner une procédure de radiation, avec possibilité d'appel. Le formulaire 6-K est intégré dans plusieurs déclarations d'enregistrement S-8 et F-3 existantes.

VivoPower International PLC (VVPR) hat eine Mitteilung von der Nasdaq erhalten, die bestätigt, dass nun die Listing-Regel 5550(b)(1) erfüllt wird, welche ein Mindestaktienkapital von 2,5 Millionen US-Dollar verlangt. Das Unternehmen hat das zuvor gemeldete Eigenkapitaldefizit von 40,5 Millionen US-Dollar (Geschäftsjahr 2024) durch den Abschluss der ersten Phase einer Privatplatzierung in Höhe von 121 Millionen US-Dollar umgekehrt und dabei Bruttoerlöse von 60,5 Millionen US-Dollar erzielt. Diese Kapitalzufuhr beseitigt die unmittelbare Gefahr einer Delistung. Nasdaq wird die Einhaltung weiterhin überwachen; ein Versäumnis, den Schwellenwert im Bericht für das Geschäftsjahr 2025 einzuhalten, könnte dennoch zu Delisting-Verfahren führen, gegen die Berufung eingelegt werden kann. Das Formular 6-K ist in mehrere bestehende S-8- und F-3-Registrierungsdokumente integriert.

Positive
  • Regained Nasdaq compliance under Rule 5550(b)(1), removing immediate delisting threat.
  • Raised US$60.5 million via private placement, converting a US$40.5 million deficit into positive equity.
Negative
  • Ongoing monitoring means VVPR could face delisting again if equity dips below US$2.5 million in FY 2025.
  • Partial financing risk: only the first US$60.5 million of the US$121 million placement has closed.

Insights

TL;DR: Capital raise restores equity, lifts delisting threat—overall positive for VVPR shares.

VivoPower’s US$60.5 million placement shifts the firm from a US$40.5 million deficit to compliance with Nasdaq’s equity listing rule. Removing the delisting overhang should improve liquidity and investor confidence, while preserving access to U.S. capital markets. The deal represents the first half of a planned US$121 million raise, suggesting further balance-sheet strengthening is possible. Although no earnings metrics were disclosed, the event is materially positive because it safeguards listing status and enhances financial flexibility.

TL;DR: Compliance achieved, but sustainability risk remains until full capital plan closes.

Nasdaq will reassess equity at the FY 2025 filing; if VVPR’s ongoing losses erode the new capital, the company could re-enter deficiency status. Only US$60.5 million of the US$121 million placement is closed, exposing investors to execution and dilution risk for the remaining tranche. Management must demonstrate operating improvements to prevent future deficits. Consequently, while today’s news is a relief, the long-term risk profile is unchanged until profitability or full financing is secured.

VivoPower International PLC (VVPR) ha ricevuto una comunicazione da Nasdaq che conferma il rispetto della Regola di Quotazione 5550(b)(1), che richiede un patrimonio netto minimo di 2,5 milioni di dollari USA. La società ha annullato il deficit patrimoniale di 40,5 milioni di dollari USA riportato in precedenza (anno fiscale 2024) completando la prima fase di un collocamento privato da 121 milioni di dollari, generando proventi lordi per 60,5 milioni di dollari. Questa iniezione di capitale elimina la minaccia immediata di esclusione dalla quotazione. Nasdaq continuerà a monitorare la conformità; il mancato mantenimento della soglia nel rapporto dell'anno fiscale 2025 potrebbe comunque portare a procedimenti di esclusione, con possibilità di ricorso. Il modulo 6-K è incorporato in diverse dichiarazioni di registrazione S-8 e F-3 già esistenti.

VivoPower International PLC (VVPR) ha recibido un aviso de Nasdaq que confirma que ahora cumple con la Regla de Cotización 5550(b)(1), que exige un patrimonio neto mínimo de 2,5 millones de dólares estadounidenses. La compañía revirtió su déficit patrimonial previamente reportado de 40,5 millones de dólares (año fiscal 2024) al completar la primera fase de una colocación privada de 121 millones de dólares, generando ingresos brutos de 60,5 millones de dólares. Esta inyección de capital elimina la amenaza inmediata de exclusión. Nasdaq continuará supervisando el cumplimiento; la falta de mantenimiento del umbral en el informe del año fiscal 2025 aún podría resultar en procedimientos de exclusión, sujetos a apelación. El Formulario 6-K está incorporado en varias declaraciones de registro S-8 y F-3 existentes.

VivoPower International PLC (VVPR)가 나스닥으로부터 상장 규칙 5550(b)(1)를 충족했음을 확인하는 통지를 받았습니다. 이 규칙은 최소 250만 달러의 주주 자본을 요구합니다. 회사는 2024 회계연도에 보고된 4,050만 달러의 자본 부족을 1억 2,100만 달러 규모의 사모 발행 1단계 완료를 통해 뒤집었으며, 총 6,050만 달러의 총 수익을 창출했습니다. 이 자본 투입으로 즉각적인 상장 폐지 위협이 해소되었습니다. 나스닥은 계속해서 준수 여부를 모니터링할 예정이며, 2025 회계연도 보고서에서 기준을 유지하지 못할 경우 항소가 가능하나 상장 폐지 절차가 진행될 수 있습니다. Form 6-K는 기존의 여러 S-8 및 F-3 등록 신고서에 포함되어 있습니다.

VivoPower International PLC (VVPR) a reçu un avis de Nasdaq confirmant qu'elle satisfait désormais à la règle de cotation 5550(b)(1), qui exige un capital-actions minimum de 2,5 millions de dollars US. La société a renversé son déficit de capitaux propres précédemment déclaré de 40,5 millions de dollars US (exercice 2024) en complétant la première phase d'un placement privé de 121 millions de dollars, générant 60,5 millions de dollars de produits bruts. Cette injection de capital élimine la menace immédiate de radiation. Nasdaq continuera de surveiller la conformité ; le non-respect du seuil dans le rapport de l'exercice 2025 pourrait toujours entraîner une procédure de radiation, avec possibilité d'appel. Le formulaire 6-K est intégré dans plusieurs déclarations d'enregistrement S-8 et F-3 existantes.

VivoPower International PLC (VVPR) hat eine Mitteilung von der Nasdaq erhalten, die bestätigt, dass nun die Listing-Regel 5550(b)(1) erfüllt wird, welche ein Mindestaktienkapital von 2,5 Millionen US-Dollar verlangt. Das Unternehmen hat das zuvor gemeldete Eigenkapitaldefizit von 40,5 Millionen US-Dollar (Geschäftsjahr 2024) durch den Abschluss der ersten Phase einer Privatplatzierung in Höhe von 121 Millionen US-Dollar umgekehrt und dabei Bruttoerlöse von 60,5 Millionen US-Dollar erzielt. Diese Kapitalzufuhr beseitigt die unmittelbare Gefahr einer Delistung. Nasdaq wird die Einhaltung weiterhin überwachen; ein Versäumnis, den Schwellenwert im Bericht für das Geschäftsjahr 2025 einzuhalten, könnte dennoch zu Delisting-Verfahren führen, gegen die Berufung eingelegt werden kann. Das Formular 6-K ist in mehrere bestehende S-8- und F-3-Registrierungsdokumente integriert.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

July 1, 2025

 

Commission File Number 001-37974

 

VIVOPOWER INTERNATIONAL PLC

(Translation of registrants name into English)

 

Blackwell House, Guildhall Yard
London EC2V 5AE

United Kingdom

+44-203-667-5158

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

 

Form 20- F ☒ Form 40-F ☐

 

 

 

 

 

 

LONDON, July 1, 2025 — VivoPower Receives NASDAQ Letter Confirming Recompliance with Listing Standard

 

VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) announced that it has received a letter from The Nasdaq Stock Market (“Nasdaq”) stating that, based on the Company’s Form 6-K, dated June 26, 2025, Nasdaq has determined that the Company complies with the Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of US$2,500,000 in stockholders’ equity for continued listing on the Nasdaq Capital Market (the “Rule”).

 

As previously disclosed, on January 3, 2025, the Company received a notification letter from Nasdaq indicating that the Company was not in compliance with the Rule. As disclosed in the Company’s audited financial statements for the fiscal year ended June 30, 2024, the Company reported a stockholders’ equity deficit of US$40.5 million. Following the successful completion of the first phase of the previously disclosed private placement of US$121 million equivalent of the Company’s ordinary shares, the Company recognized gross proceeds of US$60.5 million. As a result, the Company has now satisfied the stockholders’ equity requirement.

 

Nasdaq will continue to monitor the Company’s ongoing compliance with the minimum stockholders’ equity requirement and, if at the time of its next periodic report for the year ended June 30, 2025, the Company does not evidence compliance with the minimum stockholders’ equity requirement, the Company may be subject to delisting. At such time, Nasdaq staff will provide written notification to the Company, which may then appeal the Nasdaq staff’s determination to a Hearings Panel.

 

This Report on Form 6-K, is hereby incorporated by reference into the Company’s Registration Statements on Form S-8 (File Nos. 333-227810, 333-251546, 333-268720, 333-273520) and Form F-3 (File No. 333-276509).

 

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.

 

No Offer or Solicitation

 

This Report on Form 6-K shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed transaction. This Report on Form 6-K shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

 

Disclaimer

 

The Company has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (the “SEC”) for a public offering of its ordinary shares. Before you invest in the public offering, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the issuer and the public offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Company or Chardan will arrange to send you the prospectus if you request it by emailing shareholders@vivopower.com or prospectus@chardan.com.

 

EXHIBIT INDEX

 

Exhibit 99.1 —   Press Release

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: July 1, 2025 VivoPower International PLC
   
  /s/ Kevin Chin
  Kevin Chin
  Executive Chairman

 

 

FAQ

Why did VivoPower (VVPR) receive a new Nasdaq letter?

Nasdaq confirmed VVPR now meets the US$2.5 million minimum stockholders’ equity requirement after its recent capital raise.

How much capital did VVPR raise to regain compliance?

The company secured US$60.5 million in gross proceeds from the first phase of a US$121 million private placement.

Does Nasdaq compliance guarantee VVPR will remain listed?

No. Nasdaq will review equity levels with the FY 2025 report; non-compliance could still trigger delisting proceedings.

What was VVPR’s equity position prior to the capital raise?

As of June 30 2024, VVPR reported a US$40.5 million stockholders’ equity deficit.

Is the entire US$121 million private placement completed?

Only the first US$60.5 million tranche has closed; the remainder is pending future phases.
Vivopower International Plc

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