---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-006157"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2023-08-30T23:59:59+00:00"
generated_at: "2026-06-11T02:03:51.039696+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# iPower Inc. receives Nasdaq deficiency notice for bid price below $1.00; has until Feb 20, 2024 to regain compliance

## Summary
- Noncompliance period: 30 consecutive business days from July 13 to Aug 23, 2023, below $1.00 minimum bid price.
- Company has 180 calendar days, until Feb 20, 2024, to close at $1.00+ for at least 10 consecutive trading days.
- If not cured by Feb 2024, may be eligible for an additional 180-day period if other listing standards are met.
- Nasdaq notice has no immediate effect on listing; stock continues trading on Nasdaq under symbol 'IPW'.
- Company may consider options including reverse stock split to regain compliance.

## SEC filing metadata
- accession: 0001683168-23-006157
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2023-08-30T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316823006157/0001683168-23-006157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316823006157/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-006157
- JSON: https://secwatch.observer/filing/0001683168-23-006157.json
- Plain text: https://secwatch.observer/filing/0001683168-23-006157.txt

## Key facts
- Listing & Compliance Notices
  iPower Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: ule 5550(a)(2) (the “Minimum Bid Price Requirement”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has an
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830072/000168316823006157/0001683168-23-006157-index.htm

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