VivoPower reduces debt by $7.5 million through share exchanges

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Go back to VivoPower reduces debt by $7.5 million through share exchanges

VivoPower Strengthens Balance Sheet, Further Reduces Debt by US$7.5 Million

July 22, 2025 8:30 AM EDT

Selected lenders and suppliers have elected to take VivoPower ordinary shares in lieu of fiat currency 

Directors have also elected to receive VivoPower ordinary shares for certain board fees

VivoPower is progressing ahead of schedule on its commitment to reduce and retire its debts

LONDON, July 22, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) (VivoPower or the Company) announced today that it has further reduced its liabilities by negotiating with selected lenders and suppliers to the Company to exchange monies outstanding for VVPR... More