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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):
July 15, 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.
On July 15, 2026, iPower Inc. (the “Company”)
issued a press release announcing plans to evaluate the Company’s potential expansion into the AI infrastructure hardware sector,
including potential acquisition or financing of AI hardware and related infrastructure assets. A copy of the press release is furnished
herewith as Exhibit 99.1.
The information in this Current Report on Form
8-K, including Exhibit 99.1 furnished herewith, 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 Statement and Exhibits.
(d) Exhibits.
| Exhibit No. |
|
Description |
| 99.1 |
|
Press Release dated July 15, 2026 |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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: July 15, 2026 |
|
|
| |
By: |
/s/ Chenlong Tan |
| |
Name: |
Chenlong Tan |
| |
Title: |
Chief Executive Officer |
Exhibit 99.1
iPower Announces
Plan to Evaluate Expansion Into AI Infrastructure Hardware
Company to evaluate
potential acquisition or financing of AI compute hardware, data center relationships and equipment leasing opportunities
RANCHO CUCAMONGA, Calif., July 15, 2026 -- iPower
Inc. (Nasdaq: IPW) ("iPower" or the "Company") today announced that it plans to evaluate a potential expansion into
the AI infrastructure hardware sector, including the possible acquisition or financing of AI compute hardware and related infrastructure
assets.
As part of this planned evaluation, the Company
intends to explore opportunities involving high-performance computing equipment, data center operators and infrastructure partners that
may support the deployment, hosting and operation of AI-related hardware. If implemented, the Company's strategy may include leasing equipment
to data centers, compute operators, enterprise customers or other infrastructure participants.
"We believe AI infrastructure hardware may
represent an attractive opportunity as demand for AI compute capacity continues to grow," said Lawrence Tan, Chief Executive Officer
of iPower. "At this stage, we are evaluating potential opportunities in a disciplined manner, including hardware acquisition, data
center collaboration and equipment leasing models that may align with iPower's long-term strategy."
Mr. Tan added, "This planned initiative remains
at an exploratory stage, and any future investment or commercial arrangement will depend on market conditions, equipment availability,
financing, due diligence, partner discussions and the execution of definitive agreements. We intend to provide updates if and when material
developments occur."
The Company has not yet entered into definitive
agreements for the acquisition, financing, deployment or leasing of AI infrastructure hardware. There can be no assurance that the Company
will complete any such transaction or that any planned initiative will result in revenue or stockholder value.
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. Building on its established
e-commerce operations, technology platform, and capital markets experience, the Company is expanding into AI infrastructure investments
and related financing ecosystems.
Through targeted investments in digital assets,
infrastructure financing protocols, and other AI-related opportunities, iPower seeks to participate in the growth of the compute, data
center, and infrastructure layers that support artificial intelligence. Leveraging its operating experience, ecosystem relationships,
and capital markets 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.
Forward-looking statements include, but are not
limited to, statements regarding the Company's planned evaluation of AI infrastructure hardware opportunities, potential acquisition or
financing of AI compute hardware, potential data center relationships, potential equipment leasing or other monetization arrangements,
future capital deployment, business opportunities and long-term stockholder value creation. These statements involve known and unknown
risks and uncertainties and are based on current expectations and projections.
Actual results may differ materially from those
set forth herein. 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.
Investor Relations Contact
IPW.IR@meetipower.com