VivoPower's Caret Digital Secures CAD$140m Definitive Binding Investment Commitment from Global Alternative Investment Group, GEM Global Yield LLC SCS
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VivoPower's subsidiary, Caret Digital, has secured a CAD$140 million investment commitment from GEM Global Yield LLC SCS. This investment is in the form of a share subscription facility and is contingent upon Caret Digital's separate listing on a Canadian stock exchange.
January 13, 2025 | 1:15 pm
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VivoPower's subsidiary, Caret Digital, has received a CAD$140 million investment commitment from GEM Global Yield LLC SCS, contingent on a separate listing on a Canadian stock exchange.
The investment commitment from GEM Global Yield LLC SCS is a significant financial boost for VivoPower's subsidiary, Caret Digital. This could enhance VivoPower's financial position and growth prospects, positively impacting its stock price. However, the investment is contingent on a separate listing of Caret Digital on a Canadian stock exchange, which introduces some uncertainty.
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