VivoPower (VVPR) to close F-1 offering

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Go back to VivoPower (VVPR) to close F-1 offering

VivoPower decides to close F-1 offering, after successfully raising $4m in gross proceeds from institutional investors

September 30, 2024 1:57 PM EDT

Issue of common stock only

Funds will be used to reduce debt and fund inventory for customer orders

Transition to capital light business model significantly reduces funding requirements

LONDON, Sept. 30, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) ("VivoPower"), a global sustainable energy solutions company, is pleased to announce it has closed its F-1 offering, after the issuance of an aggregate of 3,200,000 Ordinary Shares to institutional investors. The... More