Welcome to our dedicated page for E-Power SEC filings (Ticker: EPOW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
E-Power Inc. filings document foreign private issuer reports for an operating company with Class A and Class B ordinary shares. The company's Form 6-K disclosures cover shareholder meeting materials, proxy voting results, board and committee composition, director independence, and ordinary-share voting mechanics.
Recent regulatory filings also document capital-structure activity, including registered direct offerings, Regulation S private placements, warrants, Form F-3 registration statement usage, legal opinions on share issuance, use of proceeds for working capital and general corporate purposes, and material agreements connected to operating expansion.
E-Power Inc., a Cayman Islands holding company, is registering up to $200,000,000 of Class A ordinary shares, preferred shares, debt securities, warrants, rights, and units under a Form F-3 shelf, replacing an earlier shelf that still has $195,820,000 of unsold securities carried forward under Rule 415(a)(6).
Operations are conducted in China mainly through a 39.35%-owned graphite anode joint venture, Sunrise Guizhou, and a variable interest entity (VIE) structure for a knowledge-sharing platform; investors buy securities of the offshore holding company and may never hold equity in the VIE. The VIE contributed 6.30% of consolidated assets and 0.61% of 2025 net revenues. Net revenue was $46.4M in 2025 (down 28.59% from 2024) and is now almost entirely from graphite anode materials. Public float was approximately $24.8M based on 48,740,598 Class A shares at $0.51 on July 23, 2026. The disclosure highlights substantial PRC legal, regulatory, cash-transfer, VIE-enforceability, cybersecurity, CSRC filing, HFCA Act, and Nasdaq-listing risks, and states the company does not expect to pay dividends in the foreseeable future.
E-Power Inc. completed a private placement of its Class A ordinary shares to a non-U.S. investor. The company issued 15,841,585 Class A ordinary shares at $1.01 per share, generating aggregate gross proceeds of approximately $16.0 million before expenses.
The shares were sold under Regulation S, with the purchaser confirming it is not a U.S. person and is not buying for the benefit of any U.S. person. E-Power plans to use the net proceeds for working capital, investments, and other general corporate purposes.
E-Power Inc. entered into a Subscription Agreement with a non-U.S. purchaser to raise equity capital. The purchaser agreed to buy 15,841,585 Class A ordinary shares at $1.01 per share, for a total purchase price of $16,000,000.85, under Regulation S.
The transaction was approved by the board of directors, and closing is expected on or about June 26, 2026, subject to the terms of the agreement.
E-Power Inc. entered into securities purchase agreements for a registered direct offering of 3,600,000 Class A ordinary shares at $0.55 per share, expecting gross proceeds of about $1,980,000 for working capital and general corporate purposes. The offering had not closed as of this report.
The company also disclosed that Nasdaq notified it on May 20, 2026 that its shares no longer meet the $1.00 minimum bid price requirement after trading below this level for 30 consecutive business days. E-Power has 180 calendar days, until November 16, 2026, to regain compliance, potentially including a reverse share split, while its Nasdaq Capital Market listing and business operations continue for now.
E-Power Inc. is offering 3,600,000 Class A ordinary shares at $0.55 per share under a prospectus supplement dated May 22, 2026. The offering is of securities of the Cayman Islands holding company (E-Power Inc.), not the PRC operating entities. Total Class A shares outstanding before the offering are 32,161,978 and are expected to be 35,761,978 immediately after this offering. The prospectus discloses that proceeds before expenses from this offering are $1,980,000. The company describes its corporate structure as a Cayman holding company that consolidates results of PRC operating entities through contractual VIE arrangements, and it highlights regulatory and enforcement risks tied to the VIE structure, PRC data/cybersecurity measures, and CSRC filing requirements for overseas offerings.
E-Power Inc. filed its 2025 Form 20-F as a Cayman Islands holding company whose operations are mainly in China through subsidiaries and a VIE structure. The business is now centered on Sunrise Guizhou’s graphite anode materials and SDH’s knowledge-sharing platform.
Group net revenue was $46.4 million in 2025, down from $65.0 million in 2024 and up from $45.1 million in 2023. Net losses were large and persistent at $26.7 million in 2025, $18.0 million in 2024 and $32.9 million in 2023, leading auditors to highlight substantial doubt about the company’s ability to continue as a going concern.
The filing details heavy investment and losses at Sunrise Guizhou amid overcapacity and intense competition in the graphite materials industry, significant customer concentration, and complex cash movements inside China. It also emphasizes structural and regulatory risks from the VIE arrangements, evolving PRC oversight (CSRC, CAC, anti‑monopoly rules), HFCA Act exposure, and potential constraints on moving cash out of the PRC.
E-Power Inc. director Zhang Xin has filed a Form 3 insider report for ticker EPOW. The data provided does not list any equity or derivative transactions, and the transaction summary shows no reported purchases, sales, exercises, gifts, or restructurings.
E-Power Inc. director Luo Xiang has filed an initial statement of beneficial ownership on Form 3. This filing establishes Luo Xiang’s status as a director of E-Power Inc. and reports no buy, sell, or other insider transactions in the disclosed data.
E-Power Inc. director Wong Mang has filed an initial ownership report on Form 3. This filing identifies him as a director of E-Power Inc. and establishes his status as an insider for SEC reporting purposes. The Form 3 shows no transactions or holdings data in the provided summary figures.
E-Power Inc. director and Chief Executive Officer Hu Haiping reported his beneficial ownership of Class B ordinary shares. The Form 3 shows indirect ownership of 6,567,272 Class B ordinary shares, all held through GMB Wisdom Sharing Platform Co., Ltd., a British Virgin Islands company wholly owned by Hu.