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0 0 0 1.40980701539702E-16 -0.0476190476190475 -0.0476190476190475 -0.111111111111111 -0.0857142857142857
Stock impact report

VivoPower International PLC Provides Notification on Continued Listing Requirement

VivoPower International PLC - Ordinary Shares (VVPR) 
US:NASDAQ Investor Relations: vivopower.com/shareholders
Company Research Source: GlobeNewswire
LONDON, April 24, 2020 (GLOBE NEWSWIRE) -- On April 20, 2020, VivoPower International PLC (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that given the recent unprecedented turmoil in financial markets depressing equity prices for a significant number of companies that otherwise remain suitable for continued listing, Nasdaq has determined to toll the compliance periods for the bid price and market value of publicly held shares (“MVPHS”) requirements (collectively, the “Price-based Requirements”) through to June 30, 2020. This is a positive development for the Company, which as a result of the unprecedented sell off in equity markets during March 2020 and continued turmoil since then, fell into non-compliance with Nasdaq Listing Rule 5550(a)(2), requiring that companies listed on the Nasdaq Capital Market maintain a minimum closing bid price of at least $1.00 per share, for 30 consecutive business days. T Show less Read more
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