Full Press Release Details
Secures $30 Million PIPE at $6.80 Conversion Price to Accelerate Sovereign AI Data Center Platform
capital raising features participation from New York-based investment firm Blue Sky Capital, as well as Sovereign Family Offices from
underscores VivoPower's strategic position and the critical importance of energy-secured, sovereign-grade infrastructure in the
global AI compute race
February 12, 2026 (GLOBE NEWSWIRE) - VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company"),
a leading B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, today
announced it has successfully completed a $30 million strategic private investment in public equity (PIPE). The PIPE is in the form of
convertible preference shares with a $6.80 per share conversion price and a 6% annual PIK coupon.
include leading technology and infrastructure investors, including New York-based investment group Blue Sky Capital (BSC). BSC is widely
recognized as an early investor in AI data centers globally. In addition, leading sovereign family offices in the GCC (Gulf Cooperation
Council) region participated in the PIPE, as did VivoPower Chairman Kevin Chin.
PIPE investment, structured as convertible preference shares, is priced at $6.80 per share with a 6% annual PIK coupon to reflect long-term
alignment with VivoPower's Sovereign AI strategy. This premium is driven by the conviction that the Company's expansion into
AI infrastructure for sovereign nations and hyperscalers will unlock significant value creation. Proceeds will be primarily deployed
to scale the Company's high-performance AI data center portfolio and for general working capital purposes.
press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States or any
founded in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning B Corporation with a global footprint spanning the United
Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. Today, VivoPower's mission is to be the independent,
trusted partner for sovereign nations that develop and operate sustainable data center infrastructure, ensuring sovereign control over
power, data, and national intelligence. In doing so, VivoPower helps sovereign nations bridge the gap between their energy assets and
their AI ambitions by providing the Power-to-X infrastructure necessary to build and control their own domestic intelligence hubs.
communication includes certain statements that may constitute "forward-looking statements" for purposes of the U.S. federal
securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts, or other
characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intends," "may,"
"might," "plan," "possible," "potential," "predict," "project,"
"should," "would" and similar expressions may identify forward-looking statements, but the absence of these words
does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement
of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom.
These statements are based on VivoPower's management's current expectations or beliefs and are subject to risk, uncertainty,
and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes
in economic, business, competitive, and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower's
business. These risks, uncertainties, and contingencies include changes in business conditions, fluctuations in customer demand, changes
in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes
in general economic conditions, geopolitical events, and regulatory changes, and other factors set forth in VivoPower's filings
with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower
is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result
of new information, future events, changes in assumptions, or otherwise.