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.
ATW-affiliated investors reported a significant stake in iPower Inc. common stock. ATW Digital Asset Opportunities XIV LLC, ATW Master Fund V LP, ATW Partners Opportunities Management, LLC, and individuals Kerry Propper and Antonio Ruiz-Gimenez together report beneficial ownership of 127,241 shares, or 9.9% of iPower’s common stock, through senior secured convertible debt subject to a 9.99% ownership blocker.
The ownership percentage is based on 1,146,443 shares outstanding as of January 12, 2026, as disclosed in an iPower prospectus, plus the shares these investors can acquire under Rule 13d-3(d)(1)(i). The reporting persons certify the securities are not held for the purpose of changing or influencing control of iPower.
iPower Inc. completed an additional mandatory closing under its previously disclosed Securities Purchase Agreement, issuing a $2,000,000 principal amount Series A senior secured convertible note. The consideration was set at $940 per $1,000 of principal, and iPower received approximately $1,880,000 in gross proceeds after closing conditions were met.
On the same day, iPower’s board authorized its first-ever share repurchase program of up to $2,000,000 of common stock. Repurchases may occur over time via open-market or privately negotiated transactions, including Rule 10b5-1 plans, and will be funded from existing cash and future cash flow.
iPower Inc. has restructured its operations by transferring software assets from its wholly owned subsidiary Global Product Marketing, Inc. to the parent company and then selling that subsidiary to ETTS AI Investment LLC for a $2.3 million promissory note repayable in seven years. iPower assumed vendor payables tied to the software but received a perpetual, royalty‑free license so both entities can keep using and developing the software, and may receive 50% of any proceeds if the original code is resold. A new five‑year supply and distribution agreement makes iPower the exclusive supplier in the United States, Canada and Mexico for existing SKUs historically distributed through the sold business, with up to 15% margin and those margin amounts able to offset the promissory note.
iPower Inc. has filed a prospectus covering the resale of up to 5,221,451 shares of common stock issuable upon conversion of $28,184,024 aggregate principal amount of its Series A senior secured convertible notes. These 10% notes mature 24 months after issuance and initially convert at $17.70 per share, with alternative price mechanics and a beneficial ownership cap of 4.99% (electable to 9.99%).
The company is not selling shares in this prospectus and will not receive proceeds from Selling Stockholder resales, though it will receive cash from additional Series A note closings, which it plans to use to repay existing loans. Common stock outstanding would rise from 1,146,443 to 6,237,894 shares if all registered Series A notes are converted. iPower also outlines a new Digital Treasury Strategy, planning to deploy about $4.7 million into bitcoin, ether and stablecoins, which introduces significant volatility, regulatory, liquidity and custody risks.
iPower Inc. has obtained written consent from majority stockholders to approve several major corporate actions without holding a meeting. These include issuing more than 20% of its common stock at below Nasdaq’s “Minimum Price” upon conversion of up to $9,000,000 of senior secured convertible notes, an increase in authorized capital to 1,000,000,000 shares (including 980,000,000 common shares), a boost in shares available under its 2020 Equity Incentive Plan to 49,747,078 shares, and authorization for one or more reverse stock splits at ratios of up to 1-for-250 at the board’s discretion.
As of the record date, iPower had 1,049,832 common shares outstanding, so these actions create significant capacity for future issuance and potential dilution. The company notes that conversions of the notes and future share issuances could materially dilute existing holders but argues they are important for raising capital, funding compensation plans, and helping maintain Nasdaq listing compliance through a possible reverse split.
iPower Inc. filed Amendment No. 1 to its Form S-1 registration statement. This update is described as being filed solely to refresh and modify certain exhibits attached to the original registration. The body of the prospectus and the rest of the registration statement remain unchanged and are therefore omitted from this amendment. The exhibits list includes charter and bylaw documents, forms of convertible notes and warrants, key transaction agreements, auditor consents, XBRL materials, and a new subsidiaries schedule filed with this amendment. The amendment is signed on behalf of iPower by Chairman and Chief Executive Officer Chenlong Tan and the company’s directors.
iPower Inc. files an S-1 registering up to 5,221,451 shares of common stock for resale by an institutional investor upon conversion of $28,184,024 of Series A senior secured convertible notes. These are secondary shares; the company is not selling stock in this filing and will not receive proceeds from investor resales.
The notes carry 10% annual interest, a fixed conversion price of $17.70 (with alternative price formulas), and mature 24 months after issuance. Common stock outstanding was 1,146,443 shares as of January 12, 2026, so full conversion would significantly increase the share count. A 4.99% beneficial ownership cap, adjustable to 9.99%, limits how much stock the investor can hold at any time, and iPower may redeem the notes at a premium.
The company describes a new digital treasury strategy, planning to deploy about $4.7 million from this funding into bitcoin, ether and stablecoins, highlighting extensive risks around digital asset volatility, regulation, custody, accounting changes and potential impacts on its earnings and stock price.
iPower Inc. filed Prospectus Supplement No. 2 under Section 424(b)(3), updating its S-1 to cover the resale, from time to time, of up to 2,083,334 shares of common stock (69,445 shares on a post 1-for-30 reverse split basis) issuable upon exercise of a warrant issued on June 18, 2024 to Armistice Capital Master Fund Ltd.
The supplement also attaches and incorporates the company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025 and its Quarterly Report on Form 10-Q for the three months ended September 30, 2025. iPower’s common stock trades on the Nasdaq Capital Market under the symbol IPW; the closing price was $9.64 on November 13, 2025. Shares outstanding were 31,493,686 as of October 9, 2025.
iPower Inc. (IPW) filed its quarterly report for the three months ended September 30, 2025. Total revenue was $12,017,467 versus $19,008,521 a year ago, reflecting lower product sales, partly offset by higher service income. Gross profit was $4,806,524 compared with $8,487,897. The company reported a net loss of $533,648, improving from a $2,032,117 loss, with losses per share of $0.51 versus $1.94.
Operating expenses fell sharply as general and administrative expenses decreased to $1,321,513 from $5,319,523, and selling and fulfillment costs declined to $5,180,190 from $5,914,808. Operating cash flow turned positive at $1,686,463, aided by inventory and receivables reductions; cash ended at $903,975. Inventories decreased to $4,332,605 from $8,131,203.
The company deconsolidated a variable interest entity on August 4, 2025, recording a $39,624 loss. As of September 30, 2025, the asset-based revolving loan balance was $1,449,438, and the company was in default due to covenant violations. Common shares outstanding were 1,049,799 as of November 14, 2025.