Welcome to our dedicated page for Vivopower International Plc news (Ticker: VVPR), a resource for investors and traders seeking the latest updates and insights on Vivopower International Plc stock.
VivoPower International PLC (NASDAQ: VVPR) generates news across sustainable energy solutions, electric mobility, digital infrastructure, and digital assets. Company announcements describe a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia, and highlight three core business units: Tembo, Caret Digital, and Vivo Federation. News items frequently reference the company’s Power-to-X strategy and its focus on Sovereign AI computing, where power, land, and compute infrastructure are combined for energy-intensive applications.
On this page, readers can follow updates on Tembo, VivoPower’s electric mobility subsidiary that provides 100% electric utility vehicles and electrification solutions for ruggedized and customized fleet applications. Recent releases have covered distribution and assembly agreements in regions such as East Africa, as well as progress in markets including Africa, Australia, and the Philippines.
News related to Caret Digital often involves power-to-x initiatives, digital asset mining, and AI data center infrastructure projects, including references to energized data center facilities powered by renewable energy and plans to develop Sovereign AI hubs. These stories provide insight into how VivoPower seeks to pair low-cost, sustainable power with compute-intensive workloads.
Updates on Vivo Federation, the company’s digital asset arm, focus on XRPL-based real-world blockchain applications and exposure to Ripple Labs shares and XRP tokens. Announcements have included joint venture agreements with asset managers and partnerships aimed at building XRP-focused digital asset reserves and tokenization projects.
Investors and observers can use this news feed to review corporate developments such as advisory council appointments, strategic refocus announcements, digital treasury initiatives, and regulatory or governance updates disclosed through press releases and SEC-related communications.
VivoPower International PLC (VVPR) has successfully regained compliance with Nasdaq's Listing Rule 5550(a)(2) on December 10, 2024. The company received official notification from Nasdaq's Listing Qualifications Department confirming that its common stock maintained a minimum bid closing price of $1.00 per share or greater for 10 consecutive business days, meeting the exchange's minimum bid price requirement.
VivoPower International (NASDAQ: VVPR) announced that its subsidiary, Caret Digital, has secured an asset-backed financing facility to acquire up to 1,000 Antminer L9s for DOGE coin mining. The mining equipment, expected for delivery from December 2024, will have a total hash rate of approximately 17,000 GH/s. Based on current DOGE coin prices and power costs of 8c/watt, this initial fleet has the potential to generate annual revenues of up to US$25 million. The financing facility is non-dilutive to VivoPower shareholders.
VivoPower International (NASDAQ: VVPR) has announced its upcoming Annual General Meeting scheduled for December 30, 2024, at 1:00 p.m. London time, to be held at the company's London offices.
The AGM agenda includes key resolutions such as the presentation of annual accounts and reports, directors' remuneration report, auditor-related matters (re-appointment and remuneration), extension of William Langdon's directorship, and approval for potential mergers or divestments.
Shareholders will receive formal AGM notice, proxy forms, and dial-in details within the statutory notification period.
VivoPower International's subsidiary Tembo has announced the launch of its EUV25 EPower conversion kit for Landcruisers at Automechanika Dubai 2024, taking place from December 10-12 at the Dubai World Trade Centre. The kit is specifically designed for rugged off-road terrain and heavy payload conditions.
Tembo will collaborate with UAE-based ONE MOTO at the event, which is the largest automotive aftermarket show in the Middle East, Africa, and South Asia region. The show will feature over 2,200 exhibitors from 161 countries across 17 halls, with an estimated 60,000 attendees. The EUV25 builds on the Land Cruiser LC70's design, which is particularly popular in the UAE and GCC region for industries like oil exploration, agriculture, and logistics.
VivoPower announced that its subsidiary, Caret Digital, will begin Dogecoin mining operations in January 2025, utilizing renewable-powered facilities in Wisconsin and Oregon. The operation will deploy up to 1,000 Antminer L9s across both locations, with potential to generate annual revenues of up to US$25 million and cash EBITDA of up to US$12 million based on current Dogecoin prices.
The company plans to sell most mined Dogecoins rather than hold them, with free cashflow being reinvested into its Tembo e-LV business. Caret Digital is also developing a 55MW renewable-powered mining facility that could generate up to $150 million in annual revenue. A previously approved spin-off of Caret Digital and special dividend is in progress, with updates pending.
VivoPower International (NASDAQ: VVPR) has scheduled its 20-F annual results and strategic update presentation for Thursday, December 5, 2024, at 4:45 PM Eastern Time. The presentation will include significant strategic updates regarding Caret Digital's Dogecoin mining and spin-off, the Tembo merger, and other key developments. Participants can access dial-in details and webcast information through VivoPower's website. A replay will be available for one year after the presentation.
VivoPower International PLC (NASDAQ: VVPR) has announced it will file its 20-F Annual Report by November 29, 2024, meeting NASDAQ compliance requirements. The filing delay was attributed to significant strategic changes, including the sale of Aevitas critical power businesses and the Tembo business combination agreement with Cactus Acquisition Corp. 1 The company's management has also been focused on completing Tembo e-LV B.V.'s audited accounts for the Form F-4 Registration Statement. Following the 20-F filing, VivoPower will conduct its annual shareholder update call, with details to be released before December 6, 2024.
VivoPower International PLC (VVPR) has received a notice from Nasdaq regarding non-compliance with listing requirements due to delayed filing of Form 20-F for the period ending June 30, 2024. While this doesn't affect current listing status, the company has until January 20, 2025 to submit a compliance plan. The delay is attributed to significant strategic changes, including the sale of Aevitas businesses, Tembo business combination, and proposed Caret Digital spin-off. VivoPower aims to file the Form 20-F before month-end to regain compliance. If needed, Nasdaq may grant up to 180 days (until May 19, 2025) for compliance upon plan acceptance.
VivoPower's subsidiary Tembo has secured full on-road homologation vehicle type approval (VTA) for its Tembo Tusker electric vehicles in Australia, becoming only the second electric utility vehicle to achieve this certification. The approval allows Tuskers to be driven both on and off-road across all Australian territories. Operating in the US$10 billion Australasian pick-up truck market, the Tusker range includes single and dual-cab configurations with 65Kwh and 77Kwh variants, offering ranges of 330-400 km per charge, 1000 kg payload capacity, and 750 kg towing capacity. Tembo plans to expand into other markets including UAE, Africa, Europe, Asia, and Canada.
VivoPower announced its Board's approval for subsidiary Caret Digital to develop up to 55MW of its solar farm portfolio for Dogecoin and Litecoin mining. This follows a proposal from a Canadian group seeking a reverse merger with Caret Digital. Based on current cryptocurrency prices and Antminer GPU costs, the project could generate annual revenues of approximately US$150 million. Capital expenditure will be funded through equity and debt raised by Caret Digital post-merger. VivoPower shareholders previously approved Caret Digital's spin-off and special dividend in December 2023.