VVPR News & Events

VivoPower announced changes to its executive leadership team. David Mansfield, CFO, Keith Loose, CTO, and Gary Challinor, company secretary, will be departing the company.

VivoPower International completed a $30M strategic private investment in public equity. The PIPE is in the form of convertible preference shares with a $6.80 per share conversion price and a 6% annual PIK coupon. Investors include leading technology and infrastructure investors, including New York-based investment group Blue Sky Capital. BSC is widely recognized as an early investor in AI data centers globally. In addition, leading sovereign family offices in the GCC region participated in the PIPE, as did VivoPower Chairman Kevin Chin. The PIPE investment, structured as convertible preference shares, is priced at $6.80 per share with a 6% annual PIK coupon to reflect long-term alignment with VivoPower's Sovereign AI strategy. This premium is driven by the conviction that the Company's expansion into AI infrastructure for sovereign nations and hyperscalers will unlock significant value creation. Proceeds will be primarily deployed to scale the Company's high-performance AI data center portfolio and for general working capital purposes.

VivoPower International PLC confirms that it has completed a definitive agreement with Kweather Co., Ltd, a KOSDAQ-listed company, which would involve KWeather acquiring the economic rights to some of VivoPower's holdings in Ripple Lab shares, with VivoPower securing 20% of KWeather shares worth $4.3M. The balance of the Ripple Labs shares held by VivoPower will be acquired by Lean Ventures of South Korea pursuant to a definitive partnership agreement that was announced in December 2025. This provides the mechanism for VivoPower to strategically exit its digital asset holdings. VivoPower will not be acquiring any further digital assets on its balance sheet and confirms that it has not incurred aggregate realized or unrealized losses on its digital asset positions. VivoPower confirms that Ripple Labs share transactions with its partners, KWeather and Lean Ventures, will be conducted at market value and will be in accordance with the Ripple Labs approval process. VivoPower will continue to focus its capital and resources on scaling up its data center infrastructure business.