Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 1.0
iPower Inc. incurred convertible notes of $30,000,000 with a certain institutional investor at 10% per annum (increasing to 17% per annum upon the occurrence and during the co maturing December 23, 2027.
- Instrument
- convertible notes
- Principal
- $30,000,000
- Counterparty
- a certain institutional investor
- Rate
- 10% per annum (increasing to 17% per annum upon the occurrence and during the co
- Maturity
- December 23, 2027
- Event
- incurrence
Exact text from the filing
“Purchase Agreement”) providing for the purchase by the Investor of a 6% original issue discount (OID) convertible note facility in the aggregate original principal amount of $30,000,000 (the “Convertible Note Facility”), in which the Investor will initially purchase (i) a series A senior secured convertible note in the aggregate original principal amount
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
iPower Inc. issued convertible note to a certain institutional investor.
- Security
- convertible note
- Purchaser
- a certain institutional investor
Exact text from the filing
the purchase by the Investor of a 6% original issue discount (OID) convertible note facility in the aggregate original principal amount of $30,000,000 (the “Convertible Note Facility”), in which the Investor will initially purchase (i) a series A senior secured convertible note in the aggregate original principal amount of $5,184,024 (the “Series A Convertible Note”), and shares of common stock, par value, $0.001 per share (the “Common Stock”), issuable pursuant to the terms of the Series A Convertible Notes (the “Series A Conversion Shares”) in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(b) of Regulation D
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
iPower Inc. entered into Securities Purchase Agreement with a certain institutional investor valued at $30,000,000 (effective 2025-12-22).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- a certain institutional investor
- Value
- $30,000,000
- Effective
- 2025-12-22
Exact text from the filing
On December 22, 2025, iPower Inc., a Nevada Company (the “Company”) entered into a Securities Purchase Agreement with a certain institutional investor (the “Investor”) named therein (the “Purchase Agreement”) providing for the purchase by the Investor of a 6% original issue discount (OID) convertible note facility in the aggregate original principal amount of $30,000,000
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