---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-007176"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2026-09-15T21:19:41+00:00"
generated_at: "2026-09-15T21:22:17.720620+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# iPower draws additional $3M on senior secured convertible note facility at $3.156 conversion

## Summary
- Issued $3.0M principal Series A senior secured convertible note on Sept 15, 2026; received ~$2.82M gross proceeds (6% OID).
- Conversion price fixed at $3.156, equal to 120% of Nasdaq close on Sept 15, 2026.
- Cumulative Series A notes sold reach $15.18M; $15.0M remains available and $9.08M already converted.
- Placement agent Digital Offering earns 6% cash fee; proceeds before fees/expenses from this closing.
- New note issued under Regulation D exemption; no event of default existed at closing.

## SEC filing metadata
- accession: 0001683168-26-007176
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2026-09-15T21:19:41+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316826007176/0001683168-26-007176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316826007176/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-007176
- JSON: https://secwatch.observer/filing/0001683168-26-007176.json
- Plain text: https://secwatch.observer/filing/0001683168-26-007176.txt

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