iPower clarifies facility contribution to United Package NV LLC in exchange for 2,280 Class A units

iPower Inc.

Amendment No. 1 dated Sept 8 clarifies IPW contributes initial production material, equipment, and facility space to United Package NV LLC for 2,280 Class A voting units.
LLC will pay monthly rent for facility use; amount to be determined.
Insider trading policy updated: blackout period shortened from three weeks to two weeks before quarter end; 10b5-1 plan requirements updated.

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