{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-000884","form_type":"8-K","ticker":"IPW","cik":"0001830072","company_name":"iPower Inc.","filed_at":"2026-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.424460+00:00","generated_at":"2026-05-16T03:38:40.833255+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"iPower authorizes first $2M share buyback; closes $2M convertible note tranche","bullets":["Board authorized up to $2M share repurchase program, first in company history, funded from cash flow.","On Feb 10, 2026, closed $2M Series A convertible note tranche for $1.88M gross proceeds ($940 per $1k principal).","All creditors expressed unified support for the repurchase program, per the press release.","Repurchases may be made on open market or privately, with no time limit and no obligation to buy."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-000884","json":"https://secwatch.observer/filing/0001683168-26-000884.json","markdown":"https://secwatch.observer/filing/0001683168-26-000884.md","text":"https://secwatch.observer/filing/0001683168-26-000884.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826000884/0001683168-26-000884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826000884/ipower_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:38:40.833255+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cea1ecf9619eb9635860308cfa0d75a750f77922","claim":"iPower Inc. entered into Purchase Agreement with an institutional investor (effective 2025-12-22).","evidence_excerpt":"entered into a Securities Purchase Agreement dated December 22, 2025 (the “Purchase Agreement”) with an institutional investor (the “Investor”), providing for a 6% original issue discount senior secured convertible note facility and an initial closing of $5,184,024 principal amount of series A senior secured convertible note and $1,815,976 principal amount of series B senior secured convertible note","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826000884/0001683168-26-000884-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"an institutional investor"},{"label":"Effective","value":"2025-12-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}