Core Insights - VivoPower International PLC has terminated its "at-the-market" equity offering agreement with Chardan Capital Markets, indicating a strategic shift in capital raising approach [1][2][3] Company Overview - VivoPower is a B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, with operations spanning the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [4] - The company focuses on developing, building, and owning low-cost, sustainable powered infrastructure, particularly for AI use cases, and is scaling up its power to X strategy [4] - VivoPower has three additional business units: Tembo, Caret Digital, and Vivo Federation, which are in the process of being spun out or divested [4] Financial Strategy - The decision to terminate the ATM facility was based on a review of the company's cash flow outlook, capital requirements, and alternative non-dilutive sources of capital [3] - Management believes that current and projected cash flow from operations, along with non-dilutive funding sources, eliminate the need for raising capital through the ATM agreement [3]