VivoPower clears $28.8m founder loan ahead of Nordic data centre push
VivoPower International (Nasdaq-listed) said it cleared a $28.8m founder loan owed to a company controlled by executive chairman/CEO Kevin Chin. AWN Holdings converted $16.5m into 165,000 convertible preference shares in VivoPower’s $50m private placement (29 July), and repaid $12.3m in cash. Accrued interest remains to be finalized as VivoPower expands AI data centres in Norway and Finland.

