iPower repays JPMorgan ABL in full, secures 6.5% no-fee bridge loan

iPower Inc.

Repaid in full asset-based lending facility with JPMorgan on Dec 7, 2025; related UCC lien terminations initiated.
Secured a bridge loan at 6.5% per annum with no fees, used primarily to retire the ABL.
CEO Lawrence Tan stated the move simplifies capital structure and positions iPower to pursue growth opportunities.
Company evaluating longer-term capital solutions aligned with strategic growth and profitability objectives.

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