VivoPower International PLC announced on June 20, 2025, the closing of the first phase of its previously announced US$121 million investment round. This initial phase secured gross proceeds of US$60.5 million.
The investment round was led by His Royal Highness Prince Abdulaziz bin Turki bin Talal Al Saud and included a consortium of non-U.S. investors. The closing was completed within existing authorized share capital parameters.
The proceeds will support VivoPower’s Ripple and XRP-focused treasury and decentralized finance solutions strategy, as well as broader transformation initiatives. The remaining 50% of the private placement is expected to close shortly, subject to shareholder approval to increase authorized share capital.
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