Nasdaq grants iPower Inc. extra 180 days to meet $1.00 bid price requirement

iPower Inc.

Received deficiency letter Jan 2, 2025 for bid price below $1.00 for 30 consecutive days.
Initial 180-day grace period ended July 1, 2025; compliance plan submitted June 12, 2025.
On July 2, 2025, Nasdaq approved an additional 180-day grace period until December 29, 2025.
Company may consider a reverse stock split to regain compliance with the bid price rule.
Failure to comply by Dec 29, 2025 could lead to delisting; appeal to a Hearing Panel is possible.

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