Core Insights - VivoPower International PLC has executed an exclusive heads of agreement to acquire a 40MW+ data center in Norway powered by 100% renewable hydroelectric energy [1] - The facility will serve as a strategic foundation for VivoPower's Power-to-X strategy under Caret Digital, with plans to transition it into a Sovereign AI Hub [1] - The transaction is expected to close in January 2026, pending shareholder approval [1] Acquisition Details - The data center has an operational capacity of over 40MW, with an additional 40MW earmarked for potential approval in 2026 [1] - The facility benefits from low-cost hydropower access at below $0.035/kWh and a 50-year land lease [1] - The transition aims to support Large Language Model training and inference for clients seeking carbon-neutral compute [1] Financial Aspects - Convertible preference shares will have a conversion price of $6.80 and a PIK coupon of 6% per annum, contingent on shareholder approval [1] - The transaction is set to close in January 2026, aligning with VivoPower's strategic goals [1] Company Overview - VivoPower, founded in 2014 and listed on Nasdaq since 2016, operates in multiple regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [1] - The company has three business units: Tembo, Caret Digital, and Vivo Federation, focusing on electric solutions, power-to-x applications, and digital asset management respectively [1] - VivoPower is positioning itself to leverage its differentiated platform in power, mobility, compute, and digital infrastructure for Sovereign AI computing [1]

Core Points - VivoPower International PLC is proceeding with its Annual General Meeting (AGM) scheduled for December 15, 2025, and will present Ordinary Resolutions 1 to 5 as part of the ordinary business [2][3] - The meeting is expected to be adjourned due to an advanced stage in a material corporate transaction that may significantly alter the shareholder base, potentially requiring additional resolutions [3] - The Company is mandated to hold the AGM by December 31, 2025, and will provide further details regarding the adjourned meeting in due course [3] Company Overview - VivoPower, founded in 2014 and listed on Nasdaq since 2016, operates globally across regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [5] - The Company is recognized as a sustainable energy solutions B Corporation and has three business units: Tembo, Caret Digital, and Vivo Federation [5] - Tembo focuses on electric solutions for customized fleet applications, while Caret Digital is involved in renewable power use cases, including digital asset mining [5] - Vivo Federation serves as the digital asset arm, concentrating on blockchain applications and maintaining exposure to Ripple Labs shares and XRP tokens [5]