Ipower INC 8-K filings

iPower Inc. has been granted an additional 180-day grace period by Nasdaq to regain compliance with the minimum $1.00 bid price requirement, extending its deadline to December 29, 2025.

iPower Inc. has dismissed UHY LLP as its independent registered public accounting firm and appointed HTL International, LLC, following disclosures of material weaknesses in its internal controls over financial reporting for two consecutive fiscal years.

iPower Inc. announced that its stockholders approved a reverse stock split, executive compensation, and elected all nominated directors, including a new board member, at its 2025 annual meeting.

iPower Inc. announced a major strategic shift to reposition itself as a crypto treasury and blockchain infrastructure services company, with an initial focus on building a Bitcoin treasury.

iPower Inc. has approved significant amendments to its bylaws, notably decreasing the quorum for stockholder meetings while simultaneously granting the Chairman of the Board extensive new powers, including veto authority, and increasing the shareholder vote required for key actions and director removal.

iPower Inc. announced the appointment of Yi Yang to its Board of Directors and the formation of United Package NV, LLC, a joint venture focused on domestic packaging production, alongside a significant investment in new manufacturing equipment.

iPower Inc. has announced the formation of United Package NV LLC, a new joint venture focused on domestic production of packaging materials, marking a significant step in its 'Made in USA' manufacturing strategy.

iPower Inc. announced the resignation of its Chief Financial Officer, Kevin Vassily, effective May 30, 2025, with CEO Chenlong Tan stepping in as interim CFO, while also disclosing past and ongoing related party transactions.

iPower Inc. announced its Q3 2025 financial results, revealing a decrease in revenue and a net loss, while highlighting progress in supply chain diversification and SuperSuite growth.

iPower Inc. announces the resignation of two directors and the appointment of Yue Guo as an independent director, effective May 8, 2025.

iPower Inc. announces a profitable fiscal second quarter with a 14% increase in revenue, driven by SuperSuite growth and strategic cost optimization.

iPower Inc. has received a notice from Nasdaq for failing to maintain a minimum share price of $1.00, putting its listing at risk.

iPower Inc. announced its fiscal first quarter 2025 results, showing a decrease in revenue but an improvement in gross margin and a significant reduction in debt.

iPower Inc., a tech-driven ecommerce services provider, has renewed its secured revolving credit facility with JPMorgan Chase for $15 million, extending the maturity date to November 2027.

iPower Inc. reports a profitable fourth quarter and improved full-year results driven by optimization initiatives and gross margin expansion.

iPower Inc.'s board of directors approved a grant of 1.2 million stock options to CEO Lawrence Tan, with a portion vesting immediately and the remainder vesting monthly over the next three years.

iPower Inc. has successfully raised $5 million through a registered direct offering of common stock and a concurrent private placement of warrants.

iPower Inc. has received notification from Nasdaq that it has regained compliance with Listing Rule 5550(a)(2), and the matter is now closed.

iPower Inc. held its 2024 annual meeting, where stockholders voted on key proposals including the election of directors, ratification of auditors, executive compensation, and a reverse stock split.

iPower Inc. has announced a strategic partnership with Western Post to integrate logistics solutions into its SuperSuite platform, aiming to improve operational efficiencies and expand market reach.

iPower Inc. reports a strong fiscal third quarter with a 15% revenue increase and a return to profitability driven by growth in its SuperSuite business and improved margins.

iPower Inc. has reached a settlement agreement to resolve a FINRA arbitration, agreeing to pay $1.3 million, and has secured a pledge of 2.6 million shares from its co-founders to cover the cost.

iPower Inc. has received an extension from Nasdaq until August 19, 2024, to regain compliance with the minimum $1.00 per share bid price requirement.

iPower Inc. reported a 42% improvement in net loss for the second fiscal quarter of 2024, despite a decrease in revenue compared to the same period last year.

iPower Inc. will host a conference call on February 14, 2024, to discuss its financial results for the fiscal second quarter ended December 31, 2023.