VivoPower International PLC announced on July 1, 2025, that it has received a letter from the Nasdaq Stock Market LLC confirming its compliance with Listing Rule 5550(b)(1). This rule requires listed companies to maintain a minimum of US$2.5 million in stockholders’ equity.
The compliance determination is based on the company’s Form 6-K, dated June 26, 2025, which reflected the successful first phase of its US$121 million private placement. This phase recognized US$60.5 million in gross proceeds, enabling the company to satisfy the minimum stockholders’ equity requirement.
This official confirmation from Nasdaq resolves a previously disclosed non-compliance issue from January 3, 2025. While Nasdaq will continue to monitor ongoing compliance, this development significantly reduces regulatory uncertainty and strengthens investor confidence in VivoPower's listing status.
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