---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-002537"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:13:22.171968+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# iPower amends promissory note to expand Change of Control definition

## Summary
- Amendment to $2.3M promissory note from sale of subsidiary Global Product Marketing to ETTS AI Investment LLC.
- Expanded definition of 'Change of Control' includes material changes in management, business model, or supply chain.
- Upon a Change of Control, the note becomes void and no further amounts are due.
- All other terms of the note remain unchanged.

## SEC filing metadata
- accession: 0001683168-26-002537
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316826002537/0001683168-26-002537-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316826002537/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-002537
- JSON: https://secwatch.observer/filing/0001683168-26-002537.json
- Plain text: https://secwatch.observer/filing/0001683168-26-002537.txt

## Key facts
- Material Agreements
  iPower Inc. amended Amendment with ETTS AI Investment LLC (effective 2026-03-26).
  - Action: amendment
  - Counterparty: ETTS AI Investment LLC
  - Effective: 2026-03-26
  source text: n February 1, 2026, the Company entered into a stock purchase agreement with ETTS AI Investment LLC, a Nevada limited liability company (“ETTS AI”), pursuant to which the Company sold its equity interest in GPM and its underlying entities to ETTS AI in exchange
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830072/000168316826002537/0001683168-26-002537-index.htm

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