Core Insights - VivoPower International PLC is the first publicly listed company with a treasury strategy focused on accumulating and holding XRP [1][4] - Nasdaq Options Market will begin listing standardized options on VivoPower's stock, effective July 25, 2025, due to increased interest from institutional and retail investors [2][3] Company Overview - VivoPower is undergoing a strategic transformation to become a digital asset enterprise focused on XRP, aiming to support decentralized finance and blockchain applications [4] - The company operates globally, with a presence in regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [5] - VivoPower has two business units: Tembo, which focuses on electric solutions for fleet applications, and Caret Digital, which is involved in renewable power and digital asset mining [5] Options Trading Details - The options trading on VivoPower will include various standard expiration dates and strike prices, enhancing trading efficiency and liquidity [2][3] - Options will be listed under the ticker symbol VVPR on the Nasdaq Options Market [3]

Core Insights - VivoPower has negotiated with selected lenders and suppliers to exchange outstanding debts for ordinary shares, resulting in a reduction of liabilities by an aggregate of US$7.5 million [1][2] - Directors have opted to receive shares instead of cash for certain fees, with some shares subject to lock-up conditions [2] - The company aims to fully retire its debts, including a shareholder loan of US$28.8 million as of June 30, 2025, with a retirement program already initiated [3] Financial Strategy - The initiatives reflect VivoPower's commitment to strengthening its balance sheet and optimizing its capital structure to support transformational growth strategies [4] - The execution of these financial strategies is contingent upon approval from independent directors and sufficient liquidity [4] Business Transformation - VivoPower is undergoing a strategic transformation to become the world's first XRP-focused digital asset enterprise, focusing on the acquisition and management of XRP digital assets [5] - The company aims to support decentralized finance infrastructure and real-world blockchain applications through this new direction [5] Company Overview - Founded in 2014 and listed on Nasdaq since 2016, VivoPower operates globally across multiple regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [6] - The company has two business units: Tembo, which focuses on electric solutions for fleet applications, and Caret Digital, which is centered on renewable power use cases including digital asset mining [6]

Core Viewpoint - VivoPower International PLC has initiated a shareholder debt principal reduction plan, with the first repayment made to AWN Holdings Limited, indicating institutional support for the company's growth objectives [1][3]. Group 1: Debt Reduction Plan - The independent directors of VivoPower approved the commencement of a debt principal reduction plan aimed at retiring the AWN shareholder loan, which had an unaudited balance of $28.8 million as of June 30, 2025 [2][3]. - The company’s objective is to fully retire the AWN shareholder loan, reflecting a long-term commitment to strengthening its balance sheet and optimizing its capital structure [3]. Group 2: Strategic Transformation - VivoPower is undergoing a strategic transformation to become the world's first XRP-focused digital asset enterprise, focusing on the acquisition and management of XRP digital assets [4]. - This new direction aims to support decentralized finance infrastructure and real-world blockchain applications, contributing to the growth and utility of the XRP Ledger [4]. Group 3: Company Overview - Founded in 2014 and listed on Nasdaq since 2016, VivoPower operates globally across various regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [5]. - The company has two business units: Tembo, which focuses on electric solutions for customized fleet applications, and Caret Digital, which is centered on renewable power use cases including digital asset mining [5].

Core Viewpoint - VivoPower International PLC has successfully complied with Nasdaq Listing Rule 5550(b)(1) after raising US$60.5 million in gross proceeds from a private placement, thus meeting the minimum stockholders' equity requirement of US$2.5 million [1][2]. Group 1: Compliance and Financial Status - On January 3, 2025, VivoPower received a notification from Nasdaq indicating non-compliance with the stockholders' equity requirement [2]. - Following the completion of the first phase of a US$121 million private placement, VivoPower has now satisfied the stockholders' equity requirement [2]. - Nasdaq will continue to monitor VivoPower's compliance, and failure to meet the requirement in the next periodic report could lead to potential delisting [3]. Group 2: Company Transformation - VivoPower is undergoing a strategic transformation to become the world's first XRP-focused digital asset enterprise, focusing on the acquisition and management of XRP digital assets [4]. - The new direction aims to support decentralized finance (DeFi) infrastructure and real-world blockchain applications, contributing to the growth of the XRP Ledger [4]. Group 3: Company Overview - Founded in 2014 and listed on Nasdaq since 2016, VivoPower operates globally across various regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [5]. - The company has two business units: Tembo, which focuses on electric solutions for ruggedized fleet applications, and Caret Digital, which is centered on renewable power use cases including digital asset mining [5].

Core Viewpoint - VivoPower International PLC 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, following a successful private placement [1][5]. Financial Compliance - On January 3, 2025, VivoPower received a notification from Nasdaq indicating non-compliance with the minimum stockholders' equity requirement of US$2.5 million, reporting a deficit of US$40.5 million for the fiscal year ended June 30, 2024 [2]. - Nasdaq granted an extension until July 2, 2025, for VivoPower to demonstrate compliance with the equity requirement [3]. Private Placement Details - VivoPower announced a US$121 million private placement priced at US$6.05 per share, led by His Royal Highness Prince Abdulaziz bin Turki bin Talal Al Saud, with a binding close of the first phase yielding gross proceeds of US$60.5 million confirmed on June 20, 2025 [4][5]. Strategic Transformation - VivoPower is undergoing a strategic transformation to become the world's first XRP-focused digital asset enterprise, focusing on the acquisition and management of XRP digital assets as part of a diversified digital treasury strategy [7]. - The company aims to support decentralized finance (DeFi) infrastructure and real-world blockchain applications through this new direction [7]. Company Background - Founded in 2014 and listed on Nasdaq since 2016, VivoPower operates globally with a focus on sustainable energy solutions and has two business units: Tembo and Caret Digital [8]. - Tembo specializes in electric solutions for customized fleet applications, while Caret Digital focuses on renewable power use cases, including digital asset mining [8].

Core Points - VivoPower International PLC is spinning off its subsidiary Caret Digital via a direct NASDAQ IPO with a target market capitalization of US$308 million [1][2] - Shareholders of VivoPower as of July 9, 2025, will receive a special dividend of five shares of Caret Digital for each share of VivoPower held [1][3] - Caret Digital is negotiating with strategic pre-IPO investors in the Middle East and Asia to raise up to US$50 million to support its growth plans [2] Company Overview - VivoPower is transforming into a digital asset enterprise focused on XRP, aiming to manage and hold XRP digital assets as part of a diversified digital treasury strategy [6] - The company operates globally with a focus on sustainable energy solutions and has two business units: Tembo and Caret Digital [7] - Caret Digital's strategy includes developing renewable power infrastructure and mining cryptocurrencies like DOGE, which are converted to BTC or XRP [5]

Core Viewpoint - VivoPower International PLC has successfully closed the first phase of a US$121 million investment round, raising US$60.5 million, led by His Royal Highness Prince Abdulaziz bin Turki bin Talal Al Saud and a consortium of non-U.S. investors [1][2] Group 1: Investment Details - The first phase of the investment round is part of a larger strategy to support VivoPower's treasury and decentralized finance solutions, focusing on Ripple and XRP [2][5] - The remaining 50% of the investment is expected to close soon, pending shareholder approval to increase authorized share capital [2] Group 2: Company Transformation - VivoPower is undergoing a strategic transformation to become the world's first XRP-focused digital asset enterprise, emphasizing the acquisition and management of XRP digital assets [5] - The company aims to enhance the growth and utility of the XRP Ledger by supporting decentralized finance infrastructure and real-world blockchain applications [5] Group 3: Company Background - Founded in 2014 and listed on Nasdaq since 2016, VivoPower operates globally across various regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [6] - VivoPower is recognized as a sustainable energy solutions B Corporation, with two main business units: Tembo, focusing on electric solutions for ruggedized fleet applications, and Caret Digital, which is centered on renewable power use cases including digital asset mining [6]

Core Viewpoint - VivoPower International PLC is planning to spin off its subsidiary Caret Digital through a direct NASDAQ IPO, targeting a market capitalization of US$308 million and seeking up to US$50 million from strategic investors in the Middle East and Asia [1][3]. Group 1: Spin-off and Market Capitalization - Caret Digital is set to be spun off with an implied market capitalization of US$308 million, which may vary based on market conditions [3]. - The company is negotiating with strategic pre-IPO investors for an investment of up to US$50 million to support its growth plans [1][3]. Group 2: Mining Strategy - Caret Digital's strategy focuses on digital asset mining, particularly DOGE, with the first phase nearing successful completion [2]. - The mined DOGE will be converted into XRP or BTC, allowing the company to optimize yield and returns based on current mining economics [2]. Group 3: Management and Operations - A dedicated management team is being assembled, led by Adam Traidman, who has experience in scaling digital asset mining operations [4]. - Renewable power sources have been identified for mining operations at a cost of less than 3 cents per watt [3]. Group 4: Shareholder Benefits - VivoPower shareholders as of a future record date will receive five shares of Caret Digital for each VivoPower share held [5].

Suneet Wadhwa, ex Ripple Head of Investments, joins Board of Advisors David Mansfield, ex VinFast CFO, has joined as group CFO Keith Loose, ex Block.one blockchain and tech infrastructure leader, has joined as group CTO LONDON, June 12, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower” or the “Company”) is pleased to announce key executive leadership appointments, namely David Mansfield as Chief Financial Officer and Keith Loose as Chief Technology Officer. In addition, Sune ...

Core Insights - VivoPower has launched a partnership with Flare to implement an XRP-centric treasury strategy, marking a significant step in institutional treasury management using the XRP ecosystem [1][2][3] - The partnership aims to generate yield on VivoPower's digital assets, starting with an initial phase of US$100 million, establishing a regenerative financial model [1][3][4] - The collaboration is backed by notable global shareholders, including Prince Abdulaziz bin Turki bin Talal Al Saud, indicating strong institutional confidence in XRP's long-term role [1][11][12] Company Strategy - VivoPower's strategy focuses on creating a "virtuous cycle" by generating yield and reinvesting it to increase its core XRP holdings, thereby enhancing shareholder value [1][4][12] - The adoption of Ripple's RLUSD stablecoin is a key component of this strategy, providing stability and compliance for the treasury [4][8] - The selection of XRP as the core reserve asset is based on its regulatory clarity and efficiency, making it suitable for a public company's treasury [7][8] Flare Ecosystem - The partnership validates Flare's FAssets system as a programmable utility layer for the XRP ecosystem, enabling institutions to utilize XRP in decentralized finance (DeFi) applications [3][5][9] - Flare's infrastructure, including the yield-generating Firelight protocol, is ready for institutional engagement, demonstrated by the recent launch of the USDT0 stablecoin, which attracted over US$90 million in Total Value Locked (TVL) [10][12] - Flare is positioned as a foundational utility layer for institutional blockchain adoption, connecting decentralized systems with real-world utility [17] Institutional Adoption - VivoPower's commitment represents a crucial institutional validation of the Flare ecosystem, establishing the first major treasury management use case [2][10] - The partnership is seen as an invitation for other institutions to leverage the new utility layer created by Flare, focusing on sustainably generated yield and regulatory clarity [5][9] - The strategic transformation of VivoPower is guided by experienced leadership from Ripple, enhancing its capability to engage with institutional partners [12]