VivoPower International PLC (Nasdaq: VVPR) has announced that it has received confirmation from the Nasdaq Stock Market LLC that it is now in compliance with the Nasdaq Listing Rule 5550(b)(1). This rule requires companies to maintain a minimum of US$2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market. This compliance follows a successful phase of a US$121 million private placement of the company's ordinary shares, yielding US$60.5 million in gross proceeds. Previously, in January 2025, the company had received a notification from Nasdaq indicating non-compliance with this rule. Nasdaq will continue to monitor VivoPower's compliance, and failure to maintain the required equity in future reports may result in delisting, subject to an appeal process.
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