Why VivoPower International (VVPR) Skyrocketed on Monday?

Why VivoPower International (VVPR) Skyrocketed on Monday?
Wall Street saw strong gains on Monday, with VivoPower International PLC (NASDAQ:VVPR) rising by 149.61%. The surge was fueled by a $120 million acquisition proposal, boosting the stock price above the Nasdaq minimum bid requirement.