VivoPower received Nasdaq letter confirming compliance after private placement, aims to support XRP Ledger

From GlobeNewswire: 2025-07-01 15:50:00

VivoPower International PLC (Nasdaq: VVPR) has received a letter from Nasdaq confirming compliance with Listing Rule 5550(b)(1) after raising $60.5 million in gross proceeds through a private placement of ordinary shares. Failure to maintain minimum stockholders’ equity could lead to delisting, but VivoPower aims to support the XRP Ledger through a strategic shift towards digital asset enterprise. Founded in 2014, VivoPower operates globally in sustainable energy solutions, focusing on electric fleet applications and renewable power. Forward-looking statements caution investors about potential risks and uncertainties in the market. Contact VivoPower for shareholder inquiries.



Read more at GlobeNewswire: VivoPower Receives Nasdaq Letter Confirming it is in