iPower subleases 85,000 sq ft warehouse for $2.6M+ in contracted non-dilutive income

iPower Inc.

Sublease with Dezheng Logistics starts May 1, 2026 for 25 months through May 31, 2028.
Monthly rent escalates from $62,500 to over $106,000 in first 3 months, reaching ~$112,700 final stage.
Total contracted income exceeds $2.6M; $338,130 security deposit received.
CFO says sublease advances asset-light model and enhances capital efficiency.
Annual meeting ratified HTL International as auditors; all 5 director nominees elected with >569,000 votes For each.

item 1.01item 5.07item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.