iPower announces director resignation and appointment of Hanxi Li

iPower Inc.

Danilo Cacciamatta resigned from the Board on Dec 21, 2021, effective Dec 23, 2021, for personal reasons; no disagreement with the company.
Board appointed Hanxi Li as new independent director on Dec 23, 2021, to fill the vacancy.
Ms. Li is VP Marketing at Elegantz Productions LLC; previously marketing director at iPower's predecessor Bizright LLC.
Board determined Ms. Li qualifies as independent under Nasdaq Rule 5605(a)(2) and Rule 10A-3(b)(1).
Following appointment, company remains compliant with Nasdaq majority-independent board requirement.

item 5.02

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Departed

Danilo Cacciamatta

member of the board of directors

IPW · iPower Inc.

Effective: 2021-12-23
Successor: Hanxi Li
Filed: December 28, 2021, 6:59 PM ET

On December 23, 2021, the Board accepted Mr. Cacciamatta’s resignation.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Danilo Cacciamatta resigned as member of the board of directors at iPower Inc..

Action: resigned
Role: member of the board of directors

Exact text from the filing

On December 23, 2021, the Board accepted Mr. Cacciamatta’s resignation.

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iPower Inc. filing history →

Source: SEC EDGAR

accession 0001683168-21-006625

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