Vivopower announces xrp-focused digital asset treasury strategy and us$121 million private placement priced at us$6.05 per share, above last market closing price under nasdaq rules

Capital raise led by his royal highness, prince abdulaziz bin turki abdulaziz al saud of saudi arabia adam traidman, former ripple board member and ceo of sbi ripple asia, has also invested and joined as chairman of the board of advisors vivopower believed to be first public company in the world executing on an xrp-focused digital asset treasury and decentralized finance strategy funds raised will be used to buy and hold xrp, building out the treasury and defi team, as well as for debt reduction and working capital energi takeover due diligence continuing with a focus on tembo london, may 28, 2025 (globe newswire) -- vivopower international plc (nasdaq: vvpr, the “company”) is pleased to announce that it has reached agreement with certain investors in relation to a private capital raise priced at us$6.05 per share, above the last market closing price of us$6.04 under nasdaq rules. in connection therewith, the company has entered into securities purchase agreements (subscription agreement) with the investors for the purchase and sale of an aggregate of 20,000,000 ordinary shares of the company at a price of us$6.05 per share for aggregate gross proceeds of approximately us$121 million, before deducting placement agent fees and other offering expenses.
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