Meridian Bioscience Inc (VIVO)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
VivoPower to spin off non-Nordic AI data center assets into new Singapore-based platform
VivoPower PLC (NASDAQ:VIVO, FRA:51J) plans to spin off its non-Nordic AI data center assets into a new, independently capitalized company, the firm said on Monday. The new entity will be headquartered in Singapore and independently capitalized through a targeted pre-IPO round of institutional and sovereign investment, followed by a planned primary listing on the London Stock Exchange and a secondary listing on the Abu Dhabi Securities Exchange.
VivoPower clears $28.8m founder loan ahead of Nordic data centre push
Vivo Power has wiped out the entire $28.8 million principal of a shareholder loan owed to a company controlled by Kevin Chin, its executive chairman and chief executive. The Nasdaq-listed developer of powered land and data centre infrastructure said the facility, extended by founding shareholder AWN Holdings, has been retired in two parts.
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Meridian Bioscience Inc Profile
| Independent Power and Renewable Electricity Producers Industry | Utilities Sector | Tser Fah Chin CEO | NASDAQ (NGS) Exchange | 589584101 CUSIP |
| GB Country | 41 Employees | 1 Feb 2019 Last Dividend | 14 May 2007 Last Split | 29 Dec 2016 IPO Date |
Overview
VivoPower International PLC is a global sustainable energy solutions provider with operations across various countries including Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates. Founded in 2014 and headquartered in London, the United Kingdom, the company operates through its subsidiaries offering a comprehensive range of services focused on critical power, electric vehicles, sustainable energy, and solar development. VivoPower is committed to offering innovative and efficient energy solutions, contributing to reducing carbon emissions and facilitating the transition towards a more sustainable and cleaner energy future.
Products and Services
- Critical Power Services
This segment delivers comprehensive energy infrastructure generation and distribution solutions. It encompasses the design, supply, installation, and ongoing maintenance of power and control systems catering to diverse sectors such as government, commercial, and industrial entities. VivoPower excels in providing reliable and efficient power solutions that ensure continuous operations for critical services.
- Electric Vehicles
VivoPower's Electric Vehicles segment is at the forefront of the electric mobility revolution, specializing in the design and construction of electric battery conversion kits. These kits are primarily aimed at replacing internal combustion engines in vehicles used in mining, infrastructure, utilities, and government services sectors. This initiative represents VivoPower's commitment to supporting sustainable transport solutions and reducing dependency on fossil fuels.
- Sustainable Energy Solutions
The Sustainable Energy Solutions segment is focused on the design, evaluation, sale, and implementation of renewable energy infrastructure. By leveraging the latest technologies and innovative approaches, VivoPower is able to provide highly customized and sustainable energy solutions, aiding clients in their journey towards achieving energy independence and reducing environmental impact.
- Solar Development
Under the Solar Development segment, VivoPower undertakes solar projects that encompass the complete lifecycle from initial planning to deployment and operation. This division is instrumental in harnessing solar power's potential, offering scalable solar energy solutions that meet the growing demand for renewable energy sources across its operating regions.
