secwatch.observer — SEC 8-K summary
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Issuer:     iPower Inc. (IPW)
CIK:        0001830072
Form:       8-K
Filed at:   2021-12-28T23:59:59+00:00
Accession:  0001683168-21-006625
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

iPower announces director resignation and appointment of Hanxi Li
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830072/000168316821006625/0001683168-21-006625-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830072/000168316821006625/ipower_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-21-006625

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