---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-004416"
form_type: "8-K"
ticker: "IPWR"
cik: "0001507957"
company_name: "Ideal Power Inc."
filed_at: "2022-01-14T23:59:59+00:00"
generated_at: "2026-06-27T17:54:51.873995+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ideal Power receives Nasdaq non-compliance notice for audit committee composition after director's death

## Summary
- Passing of director David B. Eisenhaure left Audit Committee with only two independent directors, violating Nasdaq Listing Rule 5605(c)(2)(A).
- Cure period ends at earlier of next annual meeting or October 21, 2022; if before April 19, 2022, then by that date.
- Board engaged a search firm to fill the vacancy and expects to be compliant within the cure period.

## SEC filing metadata
- accession: 0001104659-22-004416
- form_type: 8-K
- ticker: IPWR
- cik: 0001507957
- company_name: Ideal Power Inc.
- filed_at: 2022-01-14T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507957/000110465922004416/0001104659-22-004416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507957/000110465922004416/tm223019d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-004416
- JSON: https://secwatch.observer/filing/0001104659-22-004416.json
- Plain text: https://secwatch.observer/filing/0001104659-22-004416.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.