CORRECTION: VivoPower Announces XRP-Focused Digital Asset Treasury Strategy and US$121 Million Private Placement Priced at US$6.05 Per Share, Above Last Market Closing Price Under NASDAQ Rules

Company Overview - VivoPower International PLC is transforming into the world's first XRP-focused digital asset enterprise, focusing on the acquisition, management, and long-term holding of XRP digital assets as part of a diversified digital treasury strategy [2] - The company operates globally, with a presence in the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia, and is recognized as an award-winning global sustainable energy solutions B Corporation [3] Business Units - VivoPower has two main business units: Tembo and Caret Digital. Tembo focuses on electric solutions for customized fleet applications and ancillary services such as financing, charging, battery, and microgrids [3] - Caret Digital is dedicated to maximizing the use cases for renewable power, including digital asset mining [3] Recent Developments - VivoPower announced a US$121 million private placement priced at US$6.05 per share, which is above the last market closing price, as part of its new strategic direction [1]