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LONDON - Nasdaq Options Market will begin listing standardized options for VivoPower International PLC (NASDAQ:VVPR), a small-cap company with a market value of $58.7 million, starting Friday, according to a company press release issued Thursday.
The options trading will include standard expiration dates and strike prices, with all transactions cleared through the Options Clearing Corporation (OCC) and governed by standard Nasdaq and OCC rules.
Nasdaq’s decision to initiate options trading for VivoPower was based on increased institutional and retail investor interest in the company’s stock over recent months, the company stated.
VivoPower, which describes itself as the first publicly listed company with a treasury strategy to accumulate and hold XRP digital assets, has been listed on Nasdaq since 2016. The company was originally founded in 2014 as a sustainable energy solutions provider. According to InvestingPro analysis, the company maintains impressive gross profit margins of nearly 75%, though it faces challenges with cash burn and financial health.
The company currently operates two business units: Tembo, which focuses on electric solutions for customized fleet applications, and Caret Digital, which concentrates on renewable power use cases including digital asset mining.
VivoPower’s options will be listed under the ticker symbol VVPR on the Nasdaq Options Market.
The information in this article is based on a press release statement from VivoPower International PLC.
In other recent news, VivoPower International PLC has made significant strides in its financial restructuring efforts. The company announced a reduction of $7.5 million in liabilities by issuing shares to selected lenders and suppliers, with directors opting to receive shares instead of certain fees. This move is part of a broader strategy to manage its financial obligations effectively. Additionally, VivoPower has initiated a debt principal reduction plan with AWN Holdings Limited, marking the first repayment on July 3, 2025, with the goal of fully retiring the $28.8 million AWN shareholder loan.
Furthermore, VivoPower has regained compliance with Nasdaq’s minimum stockholders’ equity requirement following a $60.5 million fundraising effort. This compliance was confirmed after the company reported a preliminary pro forma equity of approximately $20 million as of May 31, 2025. Nasdaq had previously notified VivoPower of non-compliance due to a $40.5 million deficit in its June 2024 financial statements. The company was granted an extension until July 2, 2025, to meet the equity requirement, which it has now achieved. These developments highlight VivoPower’s ongoing efforts to stabilize its financial position.
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