iPower Inc. Announces 1-for-8 Reverse Stock Split

iPower Inc. announced a 1-for-8 reverse stock split of its issued and outstanding common stock, effective May 22, 2026. This action aims to increase the per-share trading price to comply with Nasdaq's minimum bid price requirement. Following the split, every eight shares will be combined into one, with approximately 661,240 shares outstanding. Fractional shares will be settled in cash. The company's common stock will continue trading on Nasdaq under the ticker symbol "IPW" on a split-adjusted basis. The reverse stock split was approved by the company's board of directors and stockholders. VStock Transfer, LLC is acting as the exchange and transfer agent.