secwatch.observer — SEC 8-K summary
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Issuer:     iPower Inc. (IPW)
CIK:        0001830072
Form:       8-K
Filed at:   2025-06-24T23:59:59+00:00
Accession:  0001683168-25-004722
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

iPower stockholders approve reverse stock split up to 1:200 to maintain Nasdaq compliance
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- Four directors elected: Chenlong Tan, Bennet Tchaikovsky, Yue Guo, Hanxi Li.
- Yi Yang elected to board; all directors serve one-year terms.
- Advisory vote on executive compensation approved with 21,390,021 for, 43,183 against.
- Reverse stock split approved (ratio 1:2 to 1:200) at board discretion for Nasdaq compliance.
- 92.2% of shares voted in favor of reverse split; no broker non-votes on this proposal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830072/000168316825004722/0001683168-25-004722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830072/000168316825004722/ipower_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-004722

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer