VivoPower Regains Nasdaq Compliance After $60.5M Equity Raise

VivoPower International PLC has regained compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2.5 million in stockholders’ equity to remain listed on the Nasdaq Capital Market. The company had previously been notified of non-compliance in January 2025 but satisfied the requirement following the first phase of a $121 million private placement, raising $60.5 million in gross proceeds. Nasdaq will continue to monitor VivoPower's compliance through its next periodic report for the year ending June 30, 2025, with potential delisting and appeal options if non-compliance recurs. VivoPower is undergoing a strategic transformation into an XRP-focused digital asset enterprise, aiming to support the growth and utility of the XRP Ledger by managing XRP digital assets as part of its treasury strategy. The company also operates business units in electric fleet solutions and renewable power-to-x initiatives. Despite its recent stock price gains, some analyses suggest VivoPower may be overvalued based on fair value calculations.