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iPower (NASDAQ: IPW) moves ahead with $2.0M share repurchase plan

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(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

iPower Inc. disclosed that it has executed documents to implement a trading plan tied to its previously authorized share repurchase program. The board had authorized repurchases of up to $2.0 million of common stock. The trading plan is expected to become active after completion of the broker execution process and satisfaction of applicable procedural and regulatory requirements.

In anticipation of activation, iPower plans to fund the first tranche of the repurchase account this week. Any actual buybacks will depend on factors such as market conditions, share price, trading volume, legal requirements and other business considerations, and the program can be modified, suspended or discontinued at any time.

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Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Share repurchase authorization $2.0 million Maximum aggregate amount of common stock approved for repurchase
Form type Form 8-K Current report describing implementation of buyback trading plan
First tranche timing This week Planned funding timing for initial repurchase account tranche
share repurchase program financial
"authorized a share repurchase program of up to $2.0 million of the Company’s common stock"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
trading plan financial
"executed documents to implement a trading plan in connection with its previously authorized share repurchase program"
A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.
forward-looking statements regulatory
"All statements other than statements of historical fact in this press release are “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
procedural and regulatory requirements regulatory
"become active following completion of the applicable broker execution process and satisfaction of applicable procedural and regulatory requirements"
Understanding 8-K Material Events →
false 0001830072 0001830072 2026-05-26 2026-05-26 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (date of earliest event reported): May 26, 2026

 

iPower Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   001-40391   82-5144171

(State or other jurisdiction

of incorporation)

   (Commission File Number)  

(IRS Employer

Identification No.)

 

8798 9th Street

Rancho Cucamonga, CA 91730

(Address of Principal Executive Offices) (Zip Code)

 

(626) 863-7344

(Registrant’s Telephone Number, Including Area Code)

 

___________________________

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock $0.001 per share   IPW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

   

 

 

Item 8.01. Other Events.

 

As previously disclosed in our Current Report on Form 8-K filed February 10, 2026, the board of directors of iPower Inc. (“iPower” or the “Company”) previously authorized a share repurchase program of up to $2 million of the Company’s common stock (the “Share Buyback Program”). On May 26, 2026, the Company issued a press release announcing it had executed the documents required to implement a trading plan in connection with the Share Buyback Program. The Company expects such trading plan to become active upon satisfaction of applicable procedural and regulatory requirements, with the Company intending to fund the first tranche of the Share Buyback Program in the coming days. A copy of the press release is furnished herewith as Exhibit 99.1.

 

The information included in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for any purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such Section. The information in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
99.1   Press Release dated May 26, 2026
104   Cover Page Interactive Data File (embedded within the inline XBRL document)

 

 

 

 

 

 

 2 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  IPOWER, INC.
Dated: May 26, 2026    
  By: /s/ Chenlong Tan
  Name: Chenlong Tan
  Title: Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 3 

 

Exhibit 99.1

 

 

 

iPower Plans First Funding Tranche This Week for Previously Authorized Share Repurchase Program

 

RANCHO CUCAMONGA, Calif., May 26, 2026 — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a technology- and data-driven company operating at the intersection of AI infrastructure and real-world commerce, today announced that it has executed documents to implement a trading plan in connection with its previously authorized share repurchase program.

 

The Company expects the trading plan to become active following completion of the applicable broker execution process and satisfaction of applicable procedural and regulatory requirements. In connection with the planned activation, iPower expects to fund the first tranche of the repurchase account this week.

 

As previously announced, iPower’s Board of Directors authorized a share repurchase program of up to $2.0 million of the Company’s common stock. The timing, amount and manner of any repurchases will depend on market conditions, share price, trading volume, applicable legal requirements and other business considerations. The program does not obligate the Company to acquire any specific number of shares and may be modified, suspended or discontinued at any time.

 

About iPower Inc.

 

iPower Inc. (Nasdaq: IPW) is a technology- and data-driven company executing a focused strategy at the intersection of AI infrastructure and real-world commerce. The Company’s platform includes established e-commerce operations and a growing AI infrastructure investment portfolio. Leveraging its operating experience, ecosystem relationships, and capital market access, iPower is building a scalable business designed to generate durable long-term value for stockholders. For more information, please visit www.meetipower.com.

 

Forward-Looking Statements

 

All statements other than statements of historical fact in this press release are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements as those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential” or “hopes” or the negative of these or similar terms. The reader is cautioned not to rely on these forward-looking statements. Such statements involve known and unknown risks and uncertainties and are based on current expectations and projections. If underlying assumptions prove inaccurate, or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of iPower Inc. iPower undertakes no obligation to update forward-looking statements except as required by law. Investors are encouraged to review iPower’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.

 

Media & Investor Contact

 

IPW.IR@meetipower.com

Source: View Original Filing on SEC EDGAR

FAQ

What share repurchase program did iPower Inc. (IPW) confirm in this filing?

iPower confirmed a previously authorized share repurchase program of up to $2.0 million of its common stock. The program allows the company to buy back shares over time, subject to market conditions and other business and legal considerations.

What new step is iPower Inc. (IPW) taking to implement its $2.0 million buyback?

iPower has executed documents to implement a trading plan for its share repurchase program. This trading plan structures how buybacks may occur once broker processes are complete and procedural and regulatory requirements have been satisfied.

When does iPower Inc. (IPW) expect to fund the first tranche of its share repurchase program?

iPower expects to fund the first tranche of its repurchase account this week. Funding this initial tranche is a preparatory step; actual repurchases will still depend on market conditions, trading volume, share price, and applicable legal requirements.

Is iPower Inc. (IPW) obligated to repurchase a fixed number of shares under the program?

No, the program does not obligate iPower to acquire a specific number of shares. The company may adjust, suspend, or discontinue repurchases at any time based on market conditions, legal requirements, and other business considerations.

What factors will influence if and how iPower Inc. (IPW) executes share repurchases?

Repurchase activity will depend on market conditions, share price, trading volume, applicable legal requirements, and other business considerations. These factors will guide the timing, amount, and manner of any share repurchases under the authorized program.

How does iPower Inc. (IPW) describe its business focus in this disclosure?

iPower describes itself as a technology- and data-driven company operating at the intersection of AI infrastructure and real-world commerce, with established e-commerce operations and a growing AI infrastructure investment portfolio designed to generate long-term value for stockholders.

Filing Exhibits & Attachments

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Press Releases

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