VivoPower Secures 20% Stake in KWeather for $4.3 Million

Reuters02-05 05:10

<a href="https://laohu8.com/S/VVPR">VivoPower</a> Secures 20% Stake in KWeather for $4.3 Million

VivoPower International plc has completed a definitive agreement with KWeather Co., Ltd, a KOSDAQ-listed company, under which KWeather will acquire the economic rights to some of VivoPower’s holdings in Ripple Lab shares. In return, VivoPower will receive $4.3 million worth of KWeather shares, representing a 20% shareholding in the company. The remaining Ripple Labs shares held by VivoPower will be acquired by Lean Ventures of South Korea. The transactions will be conducted at market value and follow Ripple Labs’ approval process. VivoPower will focus its resources on its data center infrastructure strategy and will not be acquiring additional digital assets on its balance sheet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VivoPower International plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9649111) on February 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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