Ipower INC

Market Movers (8-K)

NASDAQ
iPower Inc. has entered into a non-binding letter of intent for a proposed 36-month lease of GPU computer systems valued at approximately $6 million, with potential expansion to $60 million.
NASDAQ
iPower Inc. announces the formation of iPower AI LLC and its joinder to a material definitive agreement, signaling a strategic move into AI hardware leasing.
Capital raise
NASDAQ
iPower Inc. announced plans to evaluate a potential expansion into the AI infrastructure hardware sector, including possible acquisition or financing of AI compute hardware and related assets.
Capital raise
NASDAQ
iPower Inc. announced it has secured an additional $2.0 million in convertible note financing from an institutional investor to fund strategic growth initiatives.
Capital raise
NASDAQ
iPower Inc. has amended its supply and distribution agreement, transferring $2,007,366.86 in accounts payable to its subsidiary, Global Product Marketing, Inc., in exchange for inventory.
NASDAQ
iPower Inc. has completed an initial $1 million purchase of USDai, the synthetic dollar of the USD.AI protocol, as part of its AI infrastructure investment strategy.

Quarterly Earnings (10-Q)

NASDAQ
iPower Inc. reports a significant net loss for Q3 2026 following a strategic divestiture of its Global Product Marketing subsidiary and ongoing operational restructuring.
Worse than expected
Capital raise
NASDAQ
iPower Inc. reported a significant 36.8% revenue decrease and a reduced net loss for the first fiscal quarter ended September 30, 2025, driven by decreased Amazon orders and supply chain disruptions.
Delay expected
Worse than expected
NASDAQ
iPower Inc.'s Q3 2025 results reveal a revenue decrease primarily due to tariff uncertainties and reduced Amazon vendor orders, despite growth in service income.
Worse than expected
NASDAQ
iPower Inc.'s Q2 2025 shows a decrease in revenue compared to the previous year, but improved profitability due to reduced operating expenses and improved gross profit margins.
Worse than expected
NASDAQ
iPower Inc. experienced a significant decrease in revenue and a net loss for the first quarter of fiscal year 2025, primarily due to decreased sales and increased operating expenses.
Worse than expected
Capital raise
NASDAQ
iPower Inc. saw a 15.24% increase in revenue and a significant improvement in profitability for the third quarter of 2024 compared to the same period last year.
Better than expected

Annual Reports (10-K)

NASDAQ
iPower Inc. reported a significant increase in net loss and a substantial revenue decline for fiscal year 2025, alongside a Nasdaq delisting warning and internal control weaknesses.
Delay expected
Capital raise
Worse than expected
NASDAQ
iPower Inc. reports a slight decrease in revenue for fiscal year 2024, but a significant reduction in net loss compared to the previous year.
Capital raise
Better than expected

Insider Trading (Form 4)

NASDAQ
HRT FINANCIAL LP reports significant stock transactions in iPower Inc. (IPW), including acquisitions and dispositions of common stock.
NASDAQ
iPower Inc.'s CEO and Chairman, Chenlong Tan, was granted 81,136 immediately vested Restricted Stock Units, increasing his direct beneficial ownership.
NASDAQ
iPower Inc.'s CEO and Chairman, Chenlong Tan, purchased 10,000 shares of common stock at $0.685 per share on November 26, 2024.
NASDAQ
iPower Inc.'s CEO, Chenlong Tan, reports the acquisition of 1,200,000 stock options in the company.
NASDAQ
Director Kevin Liles reports receiving a grant of restricted stock units and discloses beneficial ownership of iPower Inc. shares.
NASDAQ
Director Bennet Tchaikovsky received 23,809 restricted stock units in iPower Inc., vesting in quarterly installments.

Proxy Statements (Def-14A)

NASDAQ
iPower Inc. announces its 2026 Annual Meeting of Stockholders to elect directors, ratify auditors, approve executive compensation, and consider proposals for potential acquisitions.
Capital raise
NASDAQ
iPower Inc. stockholders approved a significant increase in authorized common stock, an expanded equity incentive plan, and potential reverse stock splits to support financing and maintain Nasdaq listing, alongside the issuance of convertible notes.
Worse than expected
Capital raise
NASDAQ
iPower Inc. has filed a second supplement to its 2025 Annual Meeting proxy statement, removing the proposal to ratify Guangdong Prouden CPAs GP as its independent accountants.
NASDAQ
iPower Inc. has filed a proxy statement supplement for its upcoming Annual Meeting, adding a proposal for the election of a new director, Ms. Yi Yang, and seeking shareholder approval for a reverse stock split to ensure continued Nasdaq compliance.
Worse than expected
NASDAQ
iPower Inc. is calling for its Annual Meeting of Stockholders on June 23, 2025, to vote on key proposals including the election of directors, executive compensation, and a crucial reverse stock split aimed at regaining compliance with Nasdaq's minimum bid price requirement.
Capital raise
Worse than expected
NASDAQ
iPower Inc. is increasing the number of shares reserved for issuance under its equity incentive plan from 5 million to 10 million to attract and retain talent.

New Public Companies (S-1)

NASDAQ
iPower Inc. has filed an S-1 registration statement to allow a selling stockholder to resell up to 27,135,484 shares of common stock underlying $22.4 million in Series A convertible notes.
Capital raise
NASDAQ
iPower Inc. has filed a registration statement to register 21,870,923 additional shares of common stock following a significant reduction in the conversion floor price of its Series A Convertible Notes.
Worse than expected
Capital raise
NASDAQ
iPower Inc. filed an Amendment No. 1 to its S-1 Registration Statement solely to update certain exhibits, including its list of subsidiaries and financing agreements.
Capital raise
NASDAQ
iPower Inc. filed an S-1 registration statement for the resale of up to 5,221,451 shares of common stock underlying $28,184,024 of Series A Senior Secured Convertible Notes.
Capital raise
NASDAQ
iPower Inc. has filed an amendment to its S-1 registration statement to allow for the resale of up to 2,083,334 shares of common stock issuable upon exercise of warrants by a selling stockholder.
Capital raise
NASDAQ
iPower Inc. has filed a registration statement for the resale of up to 2,083,334 shares of common stock by Armistice Capital Master Fund Ltd., following a private placement of warrants in June 2024.

Schedule 13G - Passive Investments

NASDAQ
Dror Moshe Sherman has filed a Schedule 13G, reporting beneficial ownership of 9,963 shares of iPower Inc. common stock, representing approximately 0.5% of the outstanding shares.
NASDAQ
Allan James Huang has filed a Schedule 13G, reporting beneficial ownership of 32,303 shares, representing approximately 3.9% of iPower Inc.'s common stock.
NASDAQ
ATW Digital Asset Opportunities XIV LLC and affiliated entities have disclosed a 9.9% beneficial ownership stake in iPower Inc., primarily through convertible debt instruments.
Capital raise
NASDAQ
White Cherry Limited, controlled by Xinbo Du, has reported a 9.8% beneficial ownership stake in iPower Inc. as of February 15, 2022.
NASDAQ
Allan James Huang has reported beneficial ownership of 24.6% of iPower Inc.'s common stock, totaling 7,752,500 shares.