VivoPower International PLC

NASDAQ:VVPR   9:54:53 AM EDT
2.36
-0.11 (-4.45%)
Products, Divestitures / Spin-offs

Vivopower Subsidiary, Caret, Announces LOI To Launch Renewable Powered Digital Asset Mining Business

Published: 12/08/2021 14:36 GMT
VivoPower International PLC (VVPR) - Vivopower Subsidiary, Caret, Announces Loi to Launch Renewable Powered Digital Asset Mining Business.
Vivopower International Plc - Unit Caret to Contribute an Initial 206mw Dc of Solar Sites in Texas in Exchange for $20m of Equity.
Vivopower International Plc - Unit Caret Reviewing Potential Power-to-x Use Cases for Its Remaining 1.6gw of Solar Sites.
Vivopower International Plc - Intends for Financing to Be Raised at Caret Decimal Level to Fund Build Out of Mining Sites.
Vivopower International Plc - Co's Expectation Strategy is to Ultimately Spin Off Caret's Digital Asset Mining Business Unit Via Ipo.