Appointed
Yi Yang
Director
IPW ·
iPower Inc.
appointed a new director, Yi Yang, to the Board, effective June 5, 2025.
Ready 8-Ks
50
Latest filing
July 6, 2026, 8:45 AM ET
Top materiality
0.90
Event mix
other_material ×27 · earnings ×8 · debt ×5
Sentiment
18 pos · 7 neg · 25 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 secures $2.0M convertible note for AI and supply chain initiatives
$2.0M principal Series A convertible note issued; net proceeds ~$1.88M after fees.
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iPower enters supplement to supply agreement; GPM assumes $2.0M in payables for inventory
GPM assumes $2,007,366.86 of accounts payable in exchange for acquiring an equal amount of iPower's inventory.
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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 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 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 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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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 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 CFO Kevin Vassily resigns; CEO Chenlong Tan named Interim CFO
Kevin Vassily resigns as CFO effective May 30, 2025; no disagreement with company.
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iPower Q3 FY2025: revenue $16.6M, net loss $0.3M ($0.01/share) vs net income $1.0M YoY
Revenue $16.6M (down from $23.3M YoY); gross profit $7.2M (43.3% margin) vs $10.4M (44.5%).
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iPower reports fiscal Q2 2025 revenue up 14% to $19.1M; swings to GAAP net income of $0.2M
Net income of $0.2M ($0.01 EPS) vs net loss of $1.9M ($0.06 loss) in Q2 2024.
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iPower receives Nasdaq deficiency notice for bid price below $1.00
Company has until July 1, 2025 to regain compliance by closing at $1.00+ for 10 consecutive trading days.
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iPower Q1 revenue down 28% to $19M; net loss widens to $2M
Revenue $19.0M, down from $26.5M YoY; gross margin improved 30 bps to 44.7%.
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iPower renews secured credit facility with JPMorgan for $15M, extends to Nov 2027
Revolving commitment increased to $15.0M with accordion feature up to $40.0M.
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iPower reports Q4 profit of $0.7M, gross margin expands 870 bps to 47.4%
Q4 revenue $19.5M vs $23.4M year ago; net income $0.7M ($0.02/share) vs loss of $3.0M.
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Offering consists of 2,083,334 shares at $2.40 and immediately exercisable 5-year warrants at $2.40 share price; gross proceeds $5M.
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iPower shareholders approve reverse stock split authorization at annual meeting
Reverse stock split authorized (ratio 1:2 to 1:10); board has discretion to implement.
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iPower fiscal Q3 revenue up 15% to $23.3M; returns to profitability with net income $1.0M
Revenue rose 15% YoY to $23.3M; gross margin expanded 850 bps to 47.0%.
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iPower settles FINRA arbitration with Boustead for $1.3M; CEO & co-founder pledge shares
Settlement of FINRA Case No. 22-01133; iPower pays $1.3M in four $325K installments starting April 3, 2024.
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iPower receives Nasdaq 180-day extension to regain $1.00 bid price compliance
Initial deficiency notice on Aug 24, 2023 for bid price below $1.00 for 30 consecutive days.
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.
Appointed
Yue Guo
Independent Director
IPW ·
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.
Departed
Kevin Vassily
director
IPW ·
iPower Inc.
Effective May 8, 2025, Kevin Liles and Kevin Vassily resigned from the board of directors (the “Board”) of iPower Inc.
Departed
Kevin Liles
director
IPW ·
iPower Inc.
Effective May 8, 2025, Kevin Liles and Kevin Vassily resigned from the board of directors (the “Board”) of iPower Inc.
Departed
Danilo Cacciamatta
member of the board of directors
IPW ·
iPower Inc.
On December 23, 2021, the Board accepted Mr. Cacciamatta’s resignation.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.90 · Median 0.60 · Most common event other_material