Ideal Power raises $30M in registered direct offering of common stock and pre-funded warrants

Ideal Power Inc.

Gross proceeds ~$30M from sale of 5.29M shares (common stock or equivalents) to institutional investors.
Offering closed May 18, 2026; proceeds to advance B-TRAN commercialization and customer design-ins.
Directors, officers subject to 45-day lock-up; company restricted from issuing stock for 45 days.
Titan Partners acted as sole placement agent; 7% cash fee plus $75k expenses.
Use includes initial production ramp with strategic partners and working capital.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Ideal Power Inc. entered into Securities Purchase Agreement with certain investors valued at approximately $30.0 million (effective 2026-05-14).

Action: entry
Agreement: equity purchase
Counterparty: certain investors
Value: approximately $30.0 million
Effective: 2026-05-14

Exact text from the filing

On May 14, 2026, Ideal Power Inc. (the “ Company ”) entered into a securities purchase agreement (the “ Securities Purchase Agreement ”) with certain investors (the “ Investors ”), relating to the offering of 3,220,961 shares of the Company’s common stock, par value $0.001 per share (“ Common Stock ”), and pre-funded warrants (the “ Pre-Funded Warrants ”) to purchase up to 2,070,044 shares of Common Stock (the “ Offering ”).

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Ideal Power Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-017643

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