other material
confidence high
sentiment neutral
materiality 0.40
iPower Inc. announces 1-for-8 reverse stock split effective May 22, 2026 to maintain Nasdaq listing
iPower Inc.
- Reverse stock split ratio of 1:8, effective at market open on May 22, 2026.
- Pre-split common shares outstanding: 5,289,919; post-split approx. 661,240.
- No fractional shares; stockholders entitled to a fraction will receive cash.
- CUSIP changes to 46265P305; ticker IPW remains unchanged.
- Split approved by board and stockholders to meet Nasdaq minimum bid price.