VivoPower secures $30M PIPE to accelerate sovereign AI Data center strategy

VivoPower International PLC Chief Investment Officer Alex Cuppage joined Steve Darling from Proactive to announce the successful completion of a $30 million strategic private investment in public equity (PIPE). The financing is structured as convertible preference shares priced at $6.80 per share, carrying a 6% annual payment-in-kind (PIK) coupon. The structure reflects long-term strategic alignment with VivoPower’s Sovereign AI growth strategy and provides the company with additional capital to accelerate ...