---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-007863"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2026-10-15T13:30:14+00:00"
generated_at: "2026-10-15T13:31:05.600008+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# iPower AI subsidiary signs non-binding 5-year LOI for up to $21.9M annualized equipment services

## Summary
- Wholly owned iPower AI LLC received a customer-signed, non-binding letter of intent for a five-year AI equipment services and management relationship; no definitive services agreement yet.
- Customer identified an initial fleet of 48 AI computing units and expects to expand to approximately 396 units during 2027.
- Proposed fee is $4,608 per unit per month; full 396-unit build-out implies up to ~$1.82M monthly, or up to $21.90M annualized over five years.
- Initial 48 units equate to roughly $2.65M annualized, or $13.27M if all 48 remain billable for the full 60-month term.
- Company says figures are not committed revenue, backlog, profit or 2027 guidance; iPower AI LLC would provide equipment operations, monitoring, maintenance, support and data center coordination.

## SEC filing metadata
- accession: 0001683168-26-007863
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2026-10-15T13:30:14+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316826007863/0001683168-26-007863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316826007863/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-007863
- JSON: https://secwatch.observer/filing/0001683168-26-007863.json
- Plain text: https://secwatch.observer/filing/0001683168-26-007863.txt

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