---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-005288"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2026-07-06T12:45:17+00:00"
generated_at: "2026-07-06T12:50:09.651222+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# iPower secures $2.0M convertible note for AI and supply chain initiatives

## Summary
- $2.0M principal Series A convertible note issued; net proceeds ~$1.88M after fees.
- Conversion price fixed at $2.39 (120% of Nasdaq close on July 2, 2026).
- Unrestricted capital to be deployed toward AI, supply chain infrastructure, and strategic growth.
- Amendment No. 1 increased facility by $2.0M and removed use-of-proceeds restrictions.
- Total Series A notes sold to date: $10.18M; $18.0M remaining available under facility.

## SEC filing metadata
- accession: 0001683168-26-005288
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2026-07-06T12:45:17+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316826005288/0001683168-26-005288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316826005288/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-005288
- JSON: https://secwatch.observer/filing/0001683168-26-005288.json
- Plain text: https://secwatch.observer/filing/0001683168-26-005288.txt

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