Appointed
Yi Yang
Director
IPW ·
iPower Inc.
appointed a new director, Yi Yang, to the Board, effective June 5, 2025.
IPW
iPower Inc.
Saved in this browser
Ready 8-Ks
30
Latest filing
May 20, 2026 21:03 UTC
Top materiality
0.90
Event mix
other_material ×19 · earnings ×3 · debt ×3
Sentiment
10 pos · 4 neg · 16 neu
Latest earnings
reported 2026-Q3
Executive change
recent →
Recent 8-K filings for IPW
Highest-materiality recent filing
iPower Inc. to pivot to crypto treasury and blockchain infrastructure; Bitcoin as reserve asset
- Board approved strategic shift to crypto treasury and blockchain infrastructure; Bitcoin treasury as foundational component.
- Plans to accumulate Bitcoin as treasury reserve asset for long-term store of value and financial resilience.
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iPower Q3 revenue $3.5M, GAAP loss $3.5M, non-GAAP loss narrows to $0.3M
Revenue from continuing operations $3.5M; gross margin 21.6%.
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iPower launches AI infrastructure strategy, commits up to $3M to sUSDai
Additional optional closing of $3M Series A notes on May 19, 2026; net proceeds of ~$2.82M after fees.
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iPower collateral ($4.05M) now exceeds note balance ($3.69M) as of April 28
Collateral account: $2.2M cash, 15.1 Bitcoin, 301.1 Ethereum; aggregate value $4.05M.
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iPower subleases 85,000 sq ft warehouse for $2.6M+ in contracted non-dilutive income
Sublease with Dezheng Logistics starts May 1, 2026 for 25 months through May 31, 2028.
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iPower amends promissory note to expand Change of Control definition
Amendment to $2.3M promissory note from sale of subsidiary Global Product Marketing to ETTS AI Investment LLC.
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iPower Q2 revenue $7.1M, net loss $1.2M; divests GPM, authorizes $2M buyback
Revenue $7.1M, net loss $1.2M ($1.08 EPS); gross margin 44.0%, operating expenses down 28% YoY.
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iPower authorizes first $2M share buyback; closes $2M convertible note tranche
Board authorized up to $2M share repurchase program, first in company history, funded from cash flow.
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iPower sells subsidiary GPM for $2.3M note, eliminates major cost center in restructuring
Sold Global Product Marketing to ETTS AI for a $2.3M promissory note payable in 7 years.
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iPower launches digital asset treasury with $2.2M purchase of Bitcoin and Ethereum
Purchased 15.1 BTC at avg $87,686.33 for ~$1,325,400 total.
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$30M convertible note facility with 6% OID; initial $9M committed, $6.58M gross proceeds received.
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iPower enters $30M convertible note facility, launches Digital Asset Treasury with Bitcoin/Ethereum
Secured $30M convertible note facility (6% OID); initial $9M funded, gross proceeds $6.58M.
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iPower repays JPMorgan ABL in full, secures 6.5% no-fee bridge loan
Repaid in full asset-based lending facility with JPMorgan on Dec 7, 2025; related UCC lien terminations initiated.
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iPower Inc. issues $2M in promissory notes at 6.5% to pay off JPMorgan credit facility
Three promissory notes issued for total gross proceeds of $2M on November 24, 2025.
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iPower reports Q1 FY2026 revenue down 37% to $12.0M; net loss narrows to $0.5M
Revenue $12.0M vs $19.0M YoY; services income more than doubled to $1.5M.
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iPower regains compliance with Nasdaq $1.00 minimum bid price requirement
On Nov 10, 2025, iPower received Nasdaq notice confirming compliance with Rule 5550(a)(2).
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iPower exploring non-bank financing to replace ABL facility for capital flexibility
Company actively seeking alternative funding solutions to replace its current bank-backed ABL facility.
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iPower announces 1-for-30 reverse stock split effective October 27, 2025
Reverse stock split ratio set at 1-for-30; effective at market open on October 27, 2025.
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iPower partners with TCL Smart Home Technology to sell TCL products via authorized channel
iPower (IPW) announced partnership with TCL Smart Home Technology to offer designated TCL products through iPower's authorized digital retail channel.
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iPower clarifies facility contribution to United Package NV LLC in exchange for 2,280 Class A units
Amendment No. 1 dated Sept 8 clarifies IPW contributes initial production material, equipment, and facility space to United Package NV LLC for 2,280 Class A voting units.
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iPower packaging line delivered ahead of schedule; assembly and test run to start
Packaging production line delivered to domestic facility ahead of schedule; assembly to take ~1 week.
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iPower terminates VIE agreements for Chinese subsidiary, effective August 4, 2025
VIE Contract Termination Agreement executed Aug 4, 2025, by iPower subsidiary Dayourenzai (Shenzhen) Technology Co., terminating contractual control over Daheshou (Shenzhen) Information Technology Co.
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iPower plans digital asset treasury, consumer crypto products, and stablecoin SaaS platform
iPower to allocate capital to digital assets as reserve asset; plans to lend for yield.
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Nasdaq grants iPower Inc. extra 180 days to meet $1.00 bid price requirement
Received deficiency letter Jan 2, 2025 for bid price below $1.00 for 30 consecutive days.
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iPower Inc. dismisses UHY LLP as auditor, appoints HTL International, LLC
Dismissed UHY LLP on June 24, 2025 with audit committee approval; no disagreements on accounting principles.
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iPower stockholders approve reverse stock split up to 1:200 to maintain Nasdaq compliance
Four directors elected: Chenlong Tan, Bennet Tchaikovsky, Yue Guo, Hanxi Li.
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iPower Inc. to pivot to crypto treasury and blockchain infrastructure; Bitcoin as reserve asset
Board approved strategic shift to crypto treasury and blockchain infrastructure; Bitcoin treasury as foundational component.
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iPower amends bylaws: reduces quorum, grants Chairman veto, 66.7% vote to remove
Stockholder meeting quorum reduced from majority to one-third.
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iPower appoints Yi Yang as director, deposits for JV equipment; targets Q4 2025 launch
Appointed Yi Yang as independent director effective June 5, 2025; she is founder/CEO of JV partner Custom Cup Factory.
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iPower forms joint venture United Package NV LLC for U.S. packaging production
iPower owns 2,280 Class A Voting Units; CCF owns 1,710; Yang owns 1,140.
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iPower CFO Kevin Vassily resigns; CEO Chenlong Tan named Interim CFO
Kevin Vassily resigns as CFO effective May 30, 2025; no disagreement with company.
Executive changes
Departed
Kevin Vassily
Chief Financial Officer
IPW ·
iPower Inc.
On May 22, 2025, iPower Inc., a Nevada corporation (the “Company”), received notice that Kevin Vassily, the Company’s Chief Financial Officer, is resigning, effective May 30, 2025, to pursue another opportunity.
Appointed
(interim)
Chenlong Tan
Interim Chief Financial Officer
IPW ·
iPower Inc.
Effective May 31, 2025, the Company’s Chief Executive Officer, Chenlong Tan, will serve as Interim Chief Financial Officer.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.90 · Median 0.60 · Most common event other_material