IPO - VivoPower International PLC
Form Type: 424B4
Filing Date: 2025-05-29
Corporate Action: Ipo
Type: New
Accession Number: 000164117225012832
Filing Summary: VivoPower International PLC is offering up to 18,800,000 Ordinary Shares at a price of $6.05 per share under a best efforts offering. The total maximum offering amount is approximately $113.7 million. The placement agent, Chardan Capital Markets LLC, will receive a fee of approximately $7.4 million, contingent upon the amount raised. There is no minimum offering amount, which means that proceeds may be significantly less than the maximum projected if fewer shares are sold. The document highlights that VivoPower is a foreign private issuer, subject to reduced public reporting requirements. It also indicates the completion of a reverse stock split conducted on October 5, 2023, and notes that the company’s ordinary shares are traded on the Nasdaq under the symbol VVPR. The offering aims to raise funds to support the company’s business goals, including a focus on electric solutions and sustainable energy. Risks associated with investing in the offering are detailed, as well as disclosure of the company’s designation as a public limited company incorporated in England and Wales.
Additional details:
Offer Price: 6.05
Total Offering Price: 113740000
Placement Agent Fee: 7393100
Proceeds To Company Before Expenses: 106346900
Ordinary Shares Offered: 18800000
Minimum Offer Amount Required: none
Placement Agent: Chardan Capital Markets LLC
Symbol: VVPR
Reverse Stock Split Date: 2023-10-05
Business Segments: Electric Vehicles, Solar Development, Sustainable Energy Solutions, Critical Power Services, Corporate Office
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