Ipower INC 8-K filings

iPower Inc. is implementing a 1-for-9 reverse stock split to increase its per-share trading price and maintain compliance with Nasdaq's minimum bid price requirement.

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.

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.

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.

iPower Inc. announced it has secured an additional $2.0 million in convertible note financing from an institutional investor to fund strategic growth initiatives.

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.

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.

iPower Inc. has executed documents to implement a trading plan for its previously authorized $2 million share repurchase program, with the first funding tranche expected this week.

iPower Inc. has implemented a 1-for-8 reverse stock split to maintain compliance with Nasdaq minimum bid price requirements.

iPower Inc. reported a narrowed non-GAAP net loss of $0.3 million for fiscal Q3 2026, driven by a 66% sequential reduction in operating expenses and a strategic pivot toward AI infrastructure.

iPower Inc. announced an additional optional closing under its securities purchase agreement, receiving $2.82 million to fund its new AI infrastructure strategy, including an initial investment in sUSDai.

iPower Inc. announced an update on its balance sheet, reporting that its collateral account holds more in digital assets and cash than its outstanding note balance, enhancing financial flexibility.

iPower Inc. has entered into a 25-month sublease agreement for its Rancho Cucamonga facility, generating over $2.6 million in non-dilutive rental income.

iPower Inc. amended its promissory note with ETTS AI Investment LLC, broadening the definition of a 'Change of Control' which, if triggered, would void the $2.3 million note.

iPower Inc. announced the completion of an additional $2 million senior secured convertible note closing, bringing in $1.88 million in gross proceeds, and authorized its first-ever $2 million share repurchase program.

iPower Inc. announced a strategic restructuring, selling its subsidiary Global Product Marketing, Inc. for a $2.3 million promissory note, aiming to reduce costs and enhance its supply chain platform.

iPower Inc. announced the formal launch of its Digital Asset Treasury strategy with an initial purchase of $2.2 million in Bitcoin and Ethereum.

iPower Inc. announced a $30 million convertible note facility to fund its Digital Asset Treasury strategy and strengthen its balance sheet.

iPower Inc. has secured a $30 million convertible note facility to establish a Digital Asset Treasury and enhance working capital, with initial funding of $7 million already received.

iPower Inc. announced the full repayment of its asset-based lending facility with JPMorgan Chase Bank, N.A., transitioning to a 6.5% bridge loan for near-term flexibility.

iPower Inc. has secured $2 million through new promissory notes, including from its CEO, to repay existing debt with JPMorgan Chase Bank, N.A.

iPower Inc. reported a significantly reduced net loss and a substantial debt reduction in its fiscal first quarter 2026, driven by strategic cost optimization despite a decline in total revenue.

iPower Inc. announced it has regained compliance with Nasdaq's minimum $1.00 bid price requirement, closing the matter with the exchange.

iPower Inc. announced plans to pursue alternative funding solutions to replace its current bank-backed asset-based lending facility and enhance capital flexibility.

iPower Inc. will implement a one-for-thirty reverse stock split effective October 27, 2025, to consolidate its common stock.

iPower Inc. announced a strategic partnership with TCL Smart Home Technology to offer designated TCL products through its digital retail platform, enhancing product selection and delivery.

iPower Inc. clarified its contributions to United Package NV, LLC and revised its insider trading policy, adjusting blackout periods and 10b5-1 plan requirements.

iPower Inc. announced the early delivery of its new U.S. packaging production line, marking a significant step in its domestic manufacturing initiative with confirmed orders.

iPower Inc. has terminated its Variable Interest Entity (VIE) agreements in China, aiming to streamline operations without material impact on revenue.

iPower Inc. announces a significant strategic pivot into digital assets, blockchain technology, and crypto-related consumer offerings, aiming to integrate these capabilities across its treasury, consumer products, and e-commerce infrastructure.