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- Reverse Split To Maintain Nasdaq Compliance (new) — Stock was trading below $1 minimum bid price, indicating financial distress or poor market performance requiring corrective action to avoid delisting.
iPower executes 1-for-8 reverse split to maintain Nasdaq listing compliance
Filed May 22, 2026 · Period ending May 22, 2026 · ~1 min read
Key Changes
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high
Reverse split effective May 22, 2026 reduced outstanding shares from 5.3M to ~661K, combining every eight shares into one to boost per-share price and meet Nasdaq's $1 minimum bid requirement.
Item 5.03 verify on EDGAR → -
medium
Stock continues trading on Nasdaq under ticker IPW with new CUSIP 46265P305; all outstanding options, warrants, and RSUs adjusted proportionately with exercise prices increased eightfold.
Item 5.03 verify on EDGAR → -
low
Stockholders entitled to fractional shares will receive one full share instead, providing minor benefit to holders whose share counts weren't divisible by eight.
Item 5.03 verify on EDGAR →
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Source-verified from EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify