Welcome to our dedicated page for iPower SEC filings (Ticker: IPW), 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.
iPower Inc. filings document a Nasdaq-listed Nevada operating company with common stock registered under the Exchange Act and emerging growth company status. Its 8-K reports cover material agreements, operating and financial results, capital-structure updates, balance sheet disclosures, and strategic actions related to its supply chain, fulfillment and e-commerce infrastructure.
The company's regulatory record includes disclosures on a facility sublease, software asset transfer, sale of Global Product Marketing, promissory note amendments, convertible-note accounting matters, digital asset collateral and treasury-related balances, and board-authorized capital allocation actions. Proxy materials document director elections, auditor ratification, executive compensation voting and annual meeting procedures.
iPower Inc. (IPW) is calling a virtual special stockholder meeting to approve several capital-structure and compensation proposals. Stockholders are being asked to authorize a potential issuance of up to $10,000,000, or a maximum of 10,000,000 shares, of common stock in one or more private placements or registered offerings, at prices that may be up to 15% below the Nasdaq Minimum Price, to be completed within three months of approval. The board states proceeds could be used for working capital, AI and supply‑chain initiatives, capex, debt repayment and general corporate purposes.
Stockholders are also asked to approve a reverse stock split of up to 1‑for‑250, which the board could implement on one or more occasions within a year to help maintain Nasdaq listing bid‑price requirements; the number of authorized shares would remain 180,000,000, increasing the pool of unissued shares. A third proposal would reset the share reserve under the 2020 Equity Incentive Plan to 50,000,000 shares and add a 10‑year 5% annual evergreen increase based on shares outstanding. As of the record date, 7,507,332 common shares were outstanding for voting purposes, and insiders as a group beneficially owned about 0.6% of 6,939,475 outstanding shares reported in the ownership table.
iPower Inc. (IPW) filed an amended Form S-1 to register for resale up to 5,873,610 shares of common stock issuable upon conversion of $3,149,444 aggregate principal amount (plus interest) of Series A senior secured convertible notes held by a single institutional investor. This is a resale registration; iPower is not selling shares and states it will receive no proceeds from any sales by the selling stockholder.
The notes are part of a $30,000,000 original issue discount convertible note facility, of which $12,184,024 of Series A notes have been issued and $18,000,000 remain available. As of August 17, 2026, the investor has converted $9,034,580 of Series A notes into 661,485 shares at an average price of $13.66 per share (post two reverse stock splits). Common shares outstanding would rise from 939,475 to 6,813,085 if all registered shares are issued.
iPower highlights a shift in its capital allocation toward AI infrastructure and away from additional passive digital-asset accumulation, while maintaining a Digital Asset Treasury strategy. As of August 15, 2026, it held $4,817,911.37 in U.S. dollars and 15.11524045 bitcoin valued at $951,692.27 in a controlled collateral account, all pledged as first-priority security for the convertible notes. Extensive risk factors emphasize potential dilution, note repayment risk, digital-asset price and regulatory volatility, and the possibility of loss of the entire investment.
iPower Inc. approved and implemented a 1-for-9 reverse stock split of its common stock. The split becomes effective at 12:01 a.m. Eastern Time on August 7, 2026, when every nine issued and outstanding shares will be automatically combined into one share, without changing par value or authorized share counts.
Outstanding common shares will decrease from 7,029,608 to approximately 781,068. Outstanding stock options, warrants and restricted stock units will be proportionally adjusted, with exercise prices increased accordingly. No fractional shares will be issued; any fraction will be rounded up to the nearest whole share.
The company states that the reverse split is intended to increase the per-share trading price and assist in maintaining compliance with Nasdaq’s minimum bid price requirement. Trading will continue on The Nasdaq Capital Market on a split-adjusted basis under the symbol IPW, with VStock Transfer, LLC serving as exchange and transfer agent.
iPower Inc. is asking stockholders to approve three proposals at a virtual special meeting. Proposal 1 would authorize issuing up to $30,000,000 of common stock to acquire all of Pacelor Inc., a logistics and AI-technology provider that already services iPower. Pacelor is 50% owned by director Yi Yang, so the deal is a related-party transaction and, if completed, would shift majority ownership of iPower to former Pacelor stockholders, including Ms. Yang, while keeping iPower’s board and management in place.
Proposal 2 would authorize issuing up to $10,000,000 of common stock in one or more private placements or registered offerings within three months of approval, at a price that may be up to 15% below the Nasdaq Minimum Price, for cash or cash equivalents to fund working capital, AI and supply-chain initiatives, infrastructure, debt repayment and general purposes. Proposal 3 would permit adjournment of the meeting to gather more proxies. There were 3,065,346 shares of common stock outstanding on the record date. The board (with interested director Yi Yang recused on Proposal 1) unanimously recommends voting FOR all three proposals, while highlighting risks such as substantial dilution, potential change of control and uncertainty until definitive agreements and final terms are set.
iPower Inc. entered into a non-binding letter of intent with a prospective customer for the proposed lease of dedicated high-performance GPU computer systems, advancing its AI hardware leasing strategy toward a specific potential transaction.
The contemplated initial deployment involves GPU systems with an expected acquisition value of approximately $6 million and an anticipated lease term of about 36 months following installation and acceptance. Subject to a successful initial phase, the relationship could expand to an aggregate contemplated contract value of approximately $60 million, including the initial deployment. Under the proposed structure, iPower or a subsidiary would acquire and retain ownership of the GPU equipment and lease it for the customer’s exclusive use at a mutually agreed data center.
The arrangement is aligned with iPower’s recently formed AI-focused subsidiary and its broader AI infrastructure strategy. All key commercial terms, including equipment specifications and payment terms, remain under negotiation, the LOI is non-binding in its entirety, and there is no assurance that any definitive agreements, deployments, revenue or profit will result.
iPower Inc. describes actions related to a previously arranged financing and a new business structure. The company had entered into a Securities Purchase Agreement with an institutional investor for an up to $30,000,000 6% original issue discount senior secured convertible note facility, including an initial closing of $5,184,024 principal amount of Series A senior secured convertible notes. Certain subsidiaries must guarantee obligations under this agreement, and the newly formed artificial intelligence-focused subsidiary, iPower AI LLC, has been added as a guarantor through a Joinder to Guaranty dated July 21, 2026.
On July 15, 2026, iPower formed two wholly owned subsidiaries, IPW Commerce LLC and iPower AI LLC, to separate e-commerce and artificial intelligence operations from the rest of the business without changing management or capital structure. The AI subsidiary is planned to focus on acquiring AI computing hardware and generating revenue by leasing that hardware and potentially distributing compute resources, with only preliminary, non-binding customer interest disclosed and no definitive agreements yet for acquiring, financing, deploying, or leasing AI hardware.
iPower Inc. is the issuer of Common Stock, $0.001 par value, held by investor Dror Moshe Sherman, who has filed a Schedule 13G reporting his current ownership position. Sherman reports beneficial ownership of 9,963 shares of iPower common stock as of the filing date.
The filing states that on July 14, 2026, Sherman acquired 100,000 shares of iPower common stock, which represented approximately 5.3% of the company’s outstanding shares at that time, and subsequently disposed of 90,037 shares. He now reports ownership of approximately 0.5% of the class, based on 1,891,147 shares of common stock issued and outstanding as of July 10, 2026, as reported by iPower. Sherman has sole voting and dispositive power over the 9,963 shares and no shared voting or dispositive power.
The investor is identified as a citizen of both the United States and Israel, with a principal address in Krakow, Poland. The filing notes that he now holds 5 percent or less of the class of iPower common stock.
iPower Inc. reported that it plans to evaluate a potential expansion into the AI infrastructure hardware sector. The company is considering possible acquisition or financing of AI compute hardware and related infrastructure assets, and may explore collaborations with data center operators and other infrastructure partners.
The initiative is at an exploratory stage. iPower has not entered into any definitive agreements for acquiring, financing, deploying or leasing AI infrastructure hardware, and there is no assurance any transaction will be completed or generate revenue or stockholder value. The company expects to provide updates if and when material developments occur.
iPower Inc. is registering up to 27,135,484 shares of common stock for resale by a single institutional investor, issuable upon conversion of $22,400,000 principal amount of Series A Senior Secured Convertible Notes. These notes bear 10% annual interest and generally mature 24 months after issuance, with conversion at either a fixed price or an alternate price based on recent VWAP, subject to a floor.
The company is not selling common stock in this offering and will receive no proceeds from the selling stockholder’s resales, though it will receive cash from any future sales of up to $18,000,000 of additional Series A notes under a $30,000,000 convertible note facility, which it plans to use to pay off existing loans. Common shares outstanding were 1,891,147 as of July 10, 2026 and would be 29,026,631 if all registered note shares were issued. The notes are senior secured, include a 4.99% beneficial ownership cap (electively 9.99%), and can be redeemed by the company at a premium. iPower is also launching a Digital Treasury Strategy, planning to allocate about $4.4 million of note proceeds into bitcoin and ether, which introduces extensive digital asset–related risks.
HRT Financial LP, a ten percent owner of iPower Inc., reported mixed trading in the company’s common stock. On July 6, it made an open-market purchase of 17,944 shares at $2.08 per share. On July 7, it completed an open-market sale of 12,940 shares at $1.78 per share. After these transactions, HRT Financial LP directly held 67,148 shares of iPower common stock, reflecting a small net increase in its position over the two days.