Source-grounded facts extracted from iPower Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
iPower Inc.: Filed Certificate of Amendment to Sixth Amended and Restated Articles of Incorporation to effect a 1:8 reverse stock split, effective May 22, 2026 (effective 2026-05-22).
“On May 20, 2026, the Company filed a certificate of amendment to amend the Sixth Amended and Restated Articles of Incorporation of the Company (the “Certificate of Amendment”) with the Secretary of State of the State of Nevada, with an effective date of May 22, 2026”
iPower Inc. reported its fiscal third quarter ended March 31, 2026 results: revenue $3.5 million, net income $(3.5) million, or $(2.38) per basic share, EPS $(2.38) per basic share.
“Marketing Inc. and the Company’s transition toward a leaner, more asset-light operating model. For the fiscal third quarter of 2026, revenue from continuing operations was $3.5 million , gross profit was $0.8 million , and gross margin was 21.6% . Total operating expenses declined to $1.9 million , compared with $5.6 million in the fiscal second quarter of 2026”
iPower Inc. entered into Sublease Agreement with Dezheng Logistics Inc. valued at $338,130 (effective 2026-04-13).
“On April 13, 2026, iPower Inc, a Nevada corporation (“iPower” or the “Company”), finalized a sublease agreement (the “Sublease Agreement”) with Dezheng Logistics Inc., a California corporation (“Dezheng”), pursuant to which the Company subleased its warehouse”
iPower Inc. amended Amendment with ETTS AI Investment LLC (effective 2026-03-26).
“n February 1, 2026, the Company entered into a stock purchase agreement with ETTS AI Investment LLC, a Nevada limited liability company (“ETTS AI”), pursuant to which the Company sold its equity interest in GPM and its underlying entities to ETTS AI in exchange”
iPower Inc. entered into Purchase Agreement with an institutional investor (effective 2025-12-22).
“entered into a Securities Purchase Agreement dated December 22, 2025 (the “Purchase Agreement”) with an institutional investor (the “Investor”), providing for a 6% original issue discount senior secured convertible note facility and an initial closing of $5,184,024 principal amount of series A senior secured convertible note and $1,815,976 principal amount of series B senior secured convertible note”
iPower Inc. entered into Securities Purchase Agreement with a certain institutional investor valued at $30,000,000 (effective 2025-12-22).
“On December 22, 2025, iPower Inc., a Nevada Company (the “Company”) entered into a Securities Purchase Agreement with a certain institutional investor (the “Investor”) named therein (the “Purchase Agreement”) providing for the purchase by the Investor of a 6% original issue discount (OID) convertible note facility in the aggregate original principal amount of $30,000,000”
iPower Inc. issued convertible note to a certain institutional investor.
“the purchase by the Investor of a 6% original issue discount (OID) convertible note facility in the aggregate original principal amount of $30,000,000 (the “Convertible Note Facility”), in which the Investor will initially purchase (i) a series A senior secured convertible note in the aggregate original principal amount of $5,184,024 (the “Series A Convertible Note”), and shares of common stock, par value, $0.001 per share (the “Common Stock”), issuable pursuant to the terms of the Series A Convertible Notes (the “Series A Conversion Shares”) in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(b) of Regulation D”
iPower Inc. issued convertible note to a certain institutional investor for $1,815,976 aggregate principal amount.
“$1,815,976 aggregate principal amount of a series B senior secured convertible note”
iPower Inc. issued convertible note to a certain institutional investor for aggregate original principal amount of $5,184,024.
“series A senior secured convertible note in the aggregate original principal amount of $5,184,024”
iPower Inc. incurred convertible notes of $30,000,000 with a certain institutional investor at 10% per annum (increasing to 17% per annum upon the occurrence and during the co maturing December 23, 2027.
““Purchase Agreement”) providing for the purchase by the Investor of a 6% original issue discount (OID) convertible note facility in the aggregate original principal amount of $30,000,000 (the “Convertible Note Facility”), in which the Investor will initially purchase (i) a series A senior secured convertible note in the aggregate original principal amount”
iPower Inc. incurred convertible notes of aggregate original principal amount of $30,000,000 with a certain institutional investor at 10% per annum (increasing to 17% per annum upon the occurrence and during the co maturing December 23, 2027.
““Purchase Agreement”) providing for the purchase by the Investor of a 6% original issue discount (OID) convertible note facility in the aggregate original principal amount of $30,000,000 (the “Convertible Note Facility”), in which the Investor will initially purchase (i) a series A senior secured convertible note in the aggregate original principal amount”
iPower Inc. terminated ABL with JPMorgan Chase Bank, N.A. (effective 2025-12-07).
“On December 7, 2025, iPower Inc., a Nevada corporation (the “Company”) repaid in full its asset-based lending facility (“ABL”), originally dated November 12, 2021, as amended, with JPMorgan Chase Bank, N.A. (“JPM”), resulting in the termination of the ABL.”
iPower Inc. entered into Promissory Notes with certain investors and related parties, including an entity controlled by the Company’s CEO, Chenlong Tan valued at $2 million (effective 2025-11-24).
“On November 24, 2025, iPower Inc., a Nevada corporation (the “Company”), issued three promissory notes totaling $2 million (the “Promissory Notes”) in exchange for gross proceeds of $2 million.”
iPower Inc.: Filed certificate of amendment to effect a 1-for-30 reverse stock split of common stock, effective October 27, 2025 (effective 2025-10-27).
“October 22, 2025, the Company filed a certificate of amendment to amend the certificate of incorporation of the Company (the “Certificate of Amendment”) with the Secretary of State of the State of Nevada, with an effective date of October 27, 2025 (the “Effective Date”).”
iPower Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).
“July 2, 2025, the Company received formal approval from Nasdaq granting it an additional 180 days, or until December 29, 2025 (the “Compliance Date”), to regain compliance with the Bid Price Requirement. If at any time before the Compliance Date the closing bid price for the Company’s Common Stock is at least $1.00 for a minimum of 10 consecutive business days, the Staff will provide the Company written confirmation that it has regained compliance with the Bid Price Requirement. If the Company does not regain compliance with the Bid Price Requirement by the Compliance Date, the Staff will prov”
iPower Inc. engaged HTL International, LLC as its auditor.
“On June 24, 2025, following the approval of the Company’s audit committee of the board of directors, the Company appointed HTL International, LLC as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2025.”
iPower Inc. dismissed UHY LLP as its auditor.
“On June 24, 2025, iPower Inc., a Nevada corporation (the “Company”), dismissed UHY LLP as the Company’s independent registered public accounting firm, upon the approval of the audit committee of the Company’s board of directors.”
iPower Inc.: Amended and restated bylaws to reduce stockholder meeting quorum, grant Chairman authority to call special board meetings, give Chairman veto power over board decisions and require 66⅔% vote for Chairman removal (effective 2025-06-08).
“On June 8, 2025, board of directors (the “Board”) of iPower Inc., a Nevada corporation (the “Company”), approved the amendment and restatement of the Company’s second amended and restated bylaws (the “Third A&R Bylaws”) in order to (i) decrease the quorum required for a meeting of stockholders from a majority to one-third, (ii) permit the Chairman of the Board to call a special meeting of the Board from time to time, (iii) provide the Chairman of the Board with the final authority to approve and ratify all decisions and resolutions adopted by the Board, to exercise the power of veto on any decision adopted by the Board and to require the express written consent of the Chairman of the Board for any resolution concerning a merger or acquisition transaction or any resolution that would result in a change of control of the Company and (iv) require a vote of 66 2/3% of the Company’s stockholders in order to remove the Chairman of the Board.”
Yi Yang was appointed as Director at iPower Inc..
“appointed a new director, Yi Yang, to the Board, effective June 5, 2025.”
Chenlong Tan was appointed as Interim Chief Financial Officer at iPower Inc..
“Effective May 31, 2025, the Company’s Chief Executive Officer, Chenlong Tan, will serve as Interim Chief Financial Officer.”
Kevin Vassily resigned as Chief Financial Officer at 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.”
Yue Guo was appointed as Independent Director at iPower Inc..
“On May 8, 2025, based upon the recommendation of the nominating committee of the Board, the Company appointed a new director, Yue Guo, to the Board, effective May 8, 2025.”
Kevin Vassily resigned as director at iPower Inc..
“Effective May 8, 2025, Kevin Liles and Kevin Vassily resigned from the board of directors (the “Board”) of iPower Inc.”
Kevin Liles resigned as director at iPower Inc..
“Effective May 8, 2025, Kevin Liles and Kevin Vassily resigned from the board of directors (the “Board”) of iPower Inc.”
iPower Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“”) stating that for the 30 consecutive business day period between November 15, 2024 to December 31, 2024, the Company’s common stock had failed to maintain a minimum closing bid price of $1.00 per share, as required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has an initial period of 180 calendar days, or until July 1, 2025 (the “Compliance Period”), to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the closing bid”
iPower Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“.00 per share, as required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company h”
iPower Inc. reported the fiscal third quarter ended March 31, 2024 results: revenue $23.3 million, net income $1.0 million or $0.03 per share, EPS $0.03 per share.
“iPower Reports Fiscal Third Quarter 2024 Results Fiscal Q3 Revenue up 15% to $23.3 Million”
iPower Inc. entered into Settlement Agreement with Boustead Securities, LLC valued at $1.3 million (effective 2024-04-03).
“Davidson”), entered into a settlement agreement and mutual release (the “Settlement Agreement”) with Boustead Securities, LLC (“BSL”) and its current and former employees, officers, directors, partners, agents and affiliates,”
iPower Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).
“February 21, 2024, the Company received formal approval from Nasdaq granting it an additional 180 days, or until August 19, 2024 (the “Compliance Date”), to regain compliance with the Bid Price Requirement. If at any time before the Compliance Date the closing bid price for the Company’s Common Stock is at least $1.00 for a minimum of 10 consecutive business days, the Staff will provide the Company written confirmation that it has regained compliance with the Bid Price Requirement. If the Company does not regain compliance with the Bid Price Requirement by the Compliance Date, the Staff will p”
iPower Inc. reported the fiscal second quarter ended December 31, 2023 results: revenue $16.8 million, net income $1.9 million or $(0.06) per share, EPS $(0.06) per share.
“announced its financial results for the fiscal second quarter ended December 31, 2023. Fiscal Q2 2024 Results vs. Fiscal Q2 2023 (unless otherwise noted) · Total revenue was $16.8 million compared to $19.3 million. · Gross profit was $7.3 million compared to $8.0 million, with gross margin up 220 bps to 43.6% compared to 41.4%. · Net loss attributable to iPower”
iPower Inc. reported first fiscal quarter ended September 30, 2023 results: revenue $26.5 million, net income $1.3 million or $(0.04) per share, EPS $(0.04) per share.
“Total revenue increased 2% to $26.5 million compared to the Company's record $26.0 million in Q1 2023.”
iPower Inc. reported fiscal fourth quarter and full fiscal year ended June 30, 2023 results: revenue $23.4 million (Q4) and $88.9 million (full year), net income Net loss attributable to iPower was $3.0 million or $(0.10) per share (Q4) and $12.0 million or $(0.40) per share (full, EPS $(0.10) per share (Q4) and $(0.40) per share (full year).
“release also announced the Company will hold a conference call to discuss its fiscal fourth quarter and full fiscal year financial results on Thursday, September 14, 2023, at 4:30 p.m. Eastern Time. The conference call details are as follows: Date: Thursday, September 14, 2023 Time: Time: 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time Dial-in”
iPower Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“ule 5550(a)(2) (the “Minimum Bid Price Requirement”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has an”
iPower Inc. reported the fiscal third quarter ended March 31, 2023 results: revenue $20.2 million, net income $1.5 million, EPS $(0.05) per share.
“today announced financial results for its fiscal third quarter ended March 31, 2023. Fiscal Q3 2023 Results vs. Year-Ago Quarter (unless otherwise noted) · Total revenue was $20.2 million compared to $22.8 million. · Gross profit was $7.8 million, with gross margin of 38.5% compared to 40.4%. · Net loss attributable to iPower was $1.5 million or $(0.05) per share,”
iPower Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(3)).
“November 9, 2022, iPower Inc., a Nevada corporation (the “Company”), received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, for the preceding 30 consecutive business days, the closing bid price for the Company’s common stock was trading below the minimum $1.00 per share requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(3) (the “Bid Price Requirement”). The notification received from Nasdaq had no immediate effect on the Company’s Nasdaq listing”
iPower Inc. shareholders approved Approval of amendment to articles of incorporation to effect a reverse stock split at a ratio between 1-for-2 and 1-for-4, at board discretion at the 2023-04-26 meeting.
“4. Approval of the amendment to the Company’s Sixth Amended and Restated Articles of Incorporation to effect, at the discretion of its board of directors, a reverse stock split of the Company’s common stock at a stock split ratio between 1-for-2 and 1-for-4, with the ultimate ratio to be determined by the board of directors in its sole discretion, the implementation and timing of which shall be subject to the discretion of the board of directors (the “Reverse Stock Split”). Stockholders approved the Reverse Stock Split, which may be implemented at the discretion of the Company’s board of directors as deemed necessary to maintain compliance with the listing requirements of the Nasdaq Stock Market, LLC.”
iPower Inc. shareholders approved Advisory approval of executive compensation at the 2023-04-26 meeting.
“3. Approval of the Company’s Executive Compensation. Stockholders approved (on an advisory basis) the Company’s executive compensation.”
iPower Inc. shareholders approved Ratification of UHY LLP as independent auditor for fiscal year ending June 30, 2023 at the 2023-04-26 meeting.
“2. Ratification of the Company’s Independent Auditors. Stockholders ratified the appointment of UHY LLP as the Company’s independent auditor for the fiscal year ending June 30, 2023, in accordance with the voting results below.”
iPower Inc. shareholders approved Election of five nominees to the board of directors for a one-year term at the 2023-04-26 meeting.
“1. Election of Directors. Each of the following five nominees were elected to the Company’s board of directors, in accordance with the voting results listed below, to serve for a term of one year, until the next annual meeting and until their successor has been duly elected and qualified.”
iPower Inc. reported fiscal second quarter ended December 31, 2022 results: revenue $19.3 million, net income $(0.11) per share, EPS Net loss attributable to iPower was $3.3 million or $(0.11) per share.
“Total revenue in the fiscal second quarter of 2023 increased 12% to $19.3 million”
iPower Inc. reported preliminary financial results for fiscal second quarter ended December 31, 2022.
“On February 7, 2023, iPower Inc., a Nevada corporation (the “Company”), issued a press release announcing that it will host a conference call on Tuesday, February 14, 2023 at 4:30 p.m. Eastern Time to discuss the financial results for its fiscal second quarter ended December 31, 2022.”
iPower Inc. reported fiscal first quarter ended September 30, 2022 results: revenue $26.0 million, net income Net loss was $4.3 million, EPS $(0.14) per share.
“--- EX-99.1 (PRESS RELEASE) --- EX-99.1 2 ipower_ex9901.htm PRESS RELEASE Exhibit 99.1 iPower Reports Fiscal First Quarter 2023 Results - Fiscal Q1 Revenue up 50% to a Record $26.0 Million - - iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time - DUARTE, CA, November 14, 2022 -- iPower Inc. (Nasdaq:IPW) (“iPower” or the “Company”), a leading”
iPower Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
“November 9, 2022, iPower Inc., a Nevada corporation (the “Company”), received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, for the preceding 30 consecutive business days, the closing bid price for the Company’s common stock was trading below the minimum $1.00 per share requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”). The notification has no immediate effect on the Company’s Nasdaq listing and the Company’s co”
iPower Inc. reported preliminary financial results for fiscal first quarter ended September 30, 2022.
“On November 2, 2022, iPower Inc., a Nevada corporation (the “Company”), issued a press release announcing that it will host a conference call on Monday, November 14, 2022, at 4:30 p.m. Eastern time to discuss the Company’s financial results for its fiscal first quarter ended September 30, 2022.”
Danilo Cacciamatta resigned as member of the board of directors at iPower Inc..
“On December 23, 2021, the Board accepted Mr. Cacciamatta’s resignation.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.