VivoPower (VVPR) Advances $308M Direct NASDAQ Spin-Off of Caret Digital

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VivoPower Advances US$308 Million Direct NASDAQ Spin-Off of Caret Digital

June 16, 2025 7:00 AM EDT

Caret Digital subsidiary is to be spun off via a direct NASDAQ IPO at a target market capitalisation of US$308 million
Negotiations are progressing with strategic pre-IPO investors in the Middle East and Asia for investment of up to US$50 million
Dedicated management team identified as well as renewable power sources at sub 3c/watt
VivoPower shareholders as of future record date to... More