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VivoPower Closes Additional $19 Million Equity Raise Priced at $6.05 Per Share, a Premium to Market

VivoPower issued shares at a premium to raise $19 million for XRP treasury expansion and debt reduction, advancing its digital asset strategy focused on long-term XRP holdings.

  • On Thursday, VivoPower International PLC closed a $19 million equity offering priced at $6.05 per share, executed at a premium to its last market close.
  • The equity raise follows VivoPower International PLC's May 28, 2025 shift to an XRP-centered treasury strategy, with proceeds intended to expand XRP digital assets and reduce outstanding debt obligations.
  • VivoPower shares rallied 14% on Wednesday, closing at $5.13, then edged lower in after-hours and pre-market trading; the placement was sold to long-term US and global institutional investors.
  • The placement affirms momentum building across corporate XRP treasuries and reinforces growing investor appetite for altcoin-focused firms, VivoPower International PLC said.
  • To support scaling, VivoPower struck custody and trading deals with BitGo and appointed advisors Adam Traidman and Suneet Wadhwa, building on a $30 million pilot deployment with Doppler Finance.
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Globe Newswire broke the news in on Wednesday, October 1, 2025.
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