VivoPower International (VVPR, Financial) has further strengthened its financial standing by negotiating agreements with certain lenders and suppliers to settle outstanding liabilities in exchange for company shares at current offer prices. These newly issued shares are subject to lock-up conditions. Moreover, the company's directors have opted to receive shares in place of specific fees and costs, with a portion of these shares being eligible for sale under SEC rule 10b5-1 to cover potential tax liabilities.
Overall, these efforts have collectively improved VivoPower's balance sheet by a total of $7.5 million. The company remains committed to eliminating its debt, including fully retiring the AWN shareholder loan. As of June 30, 2025, the principal balance of this loan was approximately $28.8 million, with a repayment program already underway.
