iPower Inc. Form 8-K Filing

On September 15, 2026, iPower Inc. announced an Additional Optional Closing under its Securities Purchase Agreement with an institutional investor. The company received $2,820,000 in exchange for issuing $3,000,000 in aggregate principal amount of Series A senior secured convertible notes. These notes were issued at a discount, with a fixed conversion price of $3.156 per share, representing 120% of the Nasdaq closing price on the date of the closing. This brings the total principal amount of Series A Convertible Notes sold to date to $15,184,024, with $15,000,000 remaining available for issuance. The company is filing this report to disclose the completion of this transaction.