VivoPower sells unregistered US$9 million-plus shares at US$4.2 in direct placement
VVPR•VivoPower announces unregistered direct placement
- VivoPower announced an unregistered direct placement of Class A ordinary shares with two UK and EU institutional investors.
- Subscription priced at USD 4.2 per share, raising gross proceeds of more than USD 9 million.
- Sale relied on Regulation S, outside the Securities Act of 1933 registration requirements.
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