VivoPower Completes Definitive Agreement with KWeather, Advances Strategic Exit from Digital Asset Holdings with No Realized or Unrealized Losses
VivoPower to advise and support KWeather in procuring Ripple Lab shares, including some on its own balance sheet
Balance of Ripple Lab shares held by VivoPower to be economically acquired by Lean Ventures
VivoPower confirms it has not incurred any realized or unrealized losses on digital asset holdings
VivoPower to receive $4.3million worth of KWeather shares representing 20% shareholding
VivoPower to recycle profits and capital released to concentrate its focus and resources on its data center infrastructure strategy
LONDON, Feb. 05, 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, confirms that it has completed a definitive agreement with Kweather Co., Ltd, a KOSDAQ-listed company ("KWeather"), which would involve KWeather acquiring the economic rights to some of VivoPower's holdings in Ripple Lab shares, with VivoPower securing 20% of KWeather shares worth $4.3m. The balance of the Ripple Labs shares held by VivoPower will be acquired by Lean Ventures of South Korea pursuant to a definitive partnership agreement that was announced in December 2025.
This provides the mechanism for VivoPower to strategically exit its digital asset holdings. VivoPower will not be acquiring any further digital assets on its balance sheet and confirms that it has not incurred aggregate realized or unrealized losses on its digital asset positions.
VivoPower confirms that Ripple Labs share transactions with its partners, KWeather and Lean Ventures, will be conducted at market value and will be in accordance with the Ripple Labs approval process.
VivoPower will continue to focus its capital and resources on scaling up its data center infrastructure business.
About VivoPower
Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower operates with a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. An award-winning global sustainable energy solutions B Corporation, VivoPower is scaling up its power to X strategy with a focus on developing, building, and owning low-cost, sustainable powered land and data center infrastructure in select sovereign nations to be leased out for AI use cases. It also has three other business units, Tembo, Caret Digital, and Vivo Federation, which are in the process of being spun out or divested. Tembo is focused on electric solutions for off-road and on-road customized and ruggedized fleet applications, as well as ancillary financing, charging, battery, and microgrid solutions. Caret Digital is a power-to-x business focused on the highest and best use cases for renewable power, including digital asset mining. Vivo Federation is the digital asset arm of VivoPower, focused on XRPL-based real-world blockchain applications and maintaining exposure to Ripple Labs shares and digital assets.
Forward-Looking Statements
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