VVPR - Why VivoPower Stock Is Skyrocketing | Benzinga
VivoPower International PLC (NASDAQ:VVPR) shares are trading higher Wednesday after the company announced it has secured an extension for a $34 million loan financing facility agreement.
The Details:
VivoPower said its independent directors have secured an amendment and extension to its $34 million shareholder loan financing agreement with its major shareholder AWN Holdings Limited. The company has consolidated all of its shareholder loans and amended all of the outstanding loans to non-current status.
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AWN will also receive an option to acquire 1,150,000 Tembo shares ...