[Form 3] iPower Inc. Initial Statement of Beneficial Ownership
iPower Inc. (IPW) Form 3: Yang Yi filed an initial Section 16 report stating they are a director of iPower Inc. The Form 3, dated for the event on 06/06/2025 and signed 09/15/2025, declares no securities beneficially owned by the reporting person. The filing is an initial statement and does not record any direct or indirect holdings or derivative positions.
- None.
- None.
Insights
TL;DR: Director filed a Form 3 reporting no beneficial ownership as of the event date.
The filing is a routine initial Section 16 disclosure showing Yang Yi as a director with no reported direct or indirect holdings in iPower Inc. This means there are no Section 16 transactions reflected at the time of this statement. For governance review, the absence of reported holdings limits immediate conflict-of-interest indicators but also provides no information on future transactions or compensation-related equity grants.
TL;DR: Form 3 filed correctly; no securities reported, so no Section 16 transaction history from this filing.
From a compliance perspective, the form identifies the reporting person, relationship to the issuer (Director), and event date. The explicit statement "No securities are beneficially owned" signals there are presently no reportable holdings to track under Section 16. The signed form meets the basic disclosure requirements but does not substitute for future Form 4 or Form 5 filings if holdings or transactions occur.