---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-21-006625"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2021-12-28T23:59:59+00:00"
generated_at: "2026-06-27T22:12:04.880808+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# iPower announces director resignation and appointment of Hanxi Li

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-21-006625
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2021-12-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316821006625/0001683168-21-006625-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316821006625/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-21-006625
- JSON: https://secwatch.observer/filing/0001683168-21-006625.json
- Plain text: https://secwatch.observer/filing/0001683168-21-006625.txt

## Key facts
- Executive change
  Danilo Cacciamatta resigned as member of the board of directors at iPower Inc..
  - Action: resigned
  - Role: member of the board of directors
  source text: On December 23, 2021, the Board accepted Mr. Cacciamatta’s resignation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830072/000168316821006625/0001683168-21-006625-index.htm

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