6-K 1 vpip20231122_6k.htm FORM 6-K vpip20231122_6k.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

November 13, 2023

 

Commission File Number 001-37974

 

VIVOPOWER INTERNATIONAL PLC

(Translation of registrants name into English)

 

 

The Scalpel, 18th Floor, 52 Lime Street

London EC3M 7AF

United Kingdom

+44-203-667-5158

(Address of principal executive office)

 

 


 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

 

Form 20- F ☒ Form 40-F ☐ 

 


 

 

 

 

CONTENTS

 

On November 13, 2023, VivoPower International PLC, a public limited company organized under the laws of England and Wales (the “Company”), entered into an ordinary share purchase agreement (the “Share Subscription Agreement”) with Abri Advisors Ltd (“Abri Advisors” or the “Investor”), pursuant to which the Company issued and sold 260,000 of its ordinary shares, nominal value $0.12 per share (the “Ordinary Shares”), at a price per share of $1.25, to Abri Advisors Ltd (“Abri Advisors”).

 

The Share Subscription Agreement contains customary representations and warranties and agreements of the Company and the Investor and customary indemnification rights and obligations of the parties.

 

The Ordinary Shares were offered by the Company pursuant to a registration statement on Form F-3 (File No. 333-251304) (the “Registration Statement”), previously filed and declared effective by the Securities and Exchange Commission (the “Commission”) on December 23, 2020, the base prospectus filed as part of the Registration Statement, and the prospectus supplement dated November 13, 2023 (the “Prospectus Supplement”).

 

The foregoing summary of the Share Subscription Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Share Subscription Agreement, which is attached as Exhibit 10.1 to this Report on Form 6-K and is incorporated herein by reference.

 

This Report on Form 6-K does not constitute an offer to sell any securities or a solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

A copy of the opinion of Shoosmiths LLP relating to the legality of the issuance and sale of the Ordinary Shares is attached as Exhibit 5.1 hereto.

 

The information contained in this Report on Form 6-K, including Exhibits 5.1 and 10.1, is hereby incorporated by reference into the Registration Statements.

 

 

 

 

EXHIBIT INDEX

 

 

 

Exhibit

No.

 

Description

5.1

 

Opinion of Shoosmiths LLP.

10.1+

 

Share Subscription Agreement, dated as of November 13, 2023, by and between VivoPower International PLC and Abri Advisors Ltd.

 

+         The schedules and exhibits to this agreement have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule and/or exhibit will be furnished to the SEC upon request.

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Date: November 22, 2023

VivoPower International PLC

   
 

/s/ Kevin Chin

 

Kevin Chin

Executive Chairman