---
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"
generated_at: "2026-05-16T03:38:40.833255+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# iPower authorizes first $2M share buyback; closes $2M convertible note tranche

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-000884
- JSON: https://secwatch.observer/filing/0001683168-26-000884.json
- Plain text: https://secwatch.observer/filing/0001683168-26-000884.txt

## Key facts
- Material Agreements
  iPower Inc. entered into Purchase Agreement with an institutional investor (effective 2025-12-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: an institutional investor
  - Effective: 2025-12-22
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1830072/000168316826000884/0001683168-26-000884-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.