Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when IPW files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsRed Flags Detected
- Reverse Stock Split to Maintain Nasdaq Minimum Bid Price Compliance (new) — The filing explicitly states the reverse split is intended to maintain compliance with Nasdaq's minimum bid price requirement, indicating the stock had fallen below the $1.00 threshold.
iPower executes 1-for-9 reverse stock split to maintain Nasdaq listing compliance
Filed August 5, 2026 · Period ending August 5, 2026 · ~1 min read
Key Changes
-
high
Reverse stock split effective August 7, 2026 reduces outstanding shares from 7,029,608 to approximately 781,068, with proportional increase in share price to maintain Nasdaq's $1.00 minimum bid requirement.
Item 5.03 verify on EDGAR → -
medium
Outstanding stock options, warrants, and restricted stock units adjusted proportionately, with exercise prices increased and share counts reduced to maintain economic value.
Item 5.03 verify on EDGAR → -
low
Fractional shares resulting from the 1-for-9 conversion will be rounded up to the nearest whole share; stock continues trading under ticker IPW with new CUSIP 46265P404.
Item 5.03 verify on EDGAR →
Summary
iPower filed a certificate of amendment on August 5, 2026 to effect a 1-for-9 reverse stock split, which becomes effective at market open on August 7, 2026. The split reduces outstanding shares from approximately 7.0 million to 781,068 shares, with a corresponding proportional increase in the per-share price.
The company explicitly states this action is intended to maintain compliance with Nasdaq Capital Market's minimum $1.00 bid price requirement, signaling the stock had fallen below that threshold and faced potential delisting. The reverse split is a defensive measure to preserve the company's Nasdaq listing.
While it does not change the aggregate market value of shareholders' holdings or the economic value of equity awards, it reflects underlying price weakness that required intervention. Shareholders holding positions electronically or through brokers will see automatic adjustments without required action. The stock will continue trading under ticker IPW with a new CUSIP number.
Section-by-Section Diff
Event · Item 3.03 — Material Modification to Rights of Security Holders
iPower disclosed a reverse stock split, with details cross-referenced to other items in the filing.
Added in current filing · verify on EDGAR →
the information regarding the Reverse Stock Split (as defined below) contained in
The filing announces a reverse stock split under Item 3.03, which addresses material modifications to security holders' rights. The filing references additional details elsewhere in the document but the provided excerpt is incomplete. Reverse stock splits reduce the number of outstanding shares while proportionally increasing the share price, often used to meet exchange listing requirements or improve stock perception.
Event · Item 5.03 — Amendments to Articles of Incorporation or Bylaws
Item 5.03 — Amendments to Articles of Incorporation or Bylaws filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
on August 5, 2026, the Company filed a certificate of amendment to amend the Sixth Amended and Restated Articles of Incorporation of the Company (the “Certificate of Amendment”) with the Secretary of State of the State of Nevada, with an effective date of August 7, 2026 (the “Effective Date”), to effect a 1:9 Reverse Stock Split. The Reverse Stock Split will become effective at the start of trading on August 7, 2026
iPower filed a certificate of amendment to effect a 1-for-9 reverse stock split of its common stock, effective at market open on August 7, 2026. Every nine shares of common stock outstanding immediately prior to the effective time will automatically be reclassified into one share, with no change in par value per share.
Added in current filing · verify on EDGAR →
The Reverse Stock Split reduces the number of shares of Common Stock issuable upon the exercise or vesting of the Company’s outstanding stock options and warrants in proportion to the ratio of the Reverse Stock Split and causes a proportionate increase in the exercise prices of such stock options and warrants. Restricted stock units will be adjusted to reflect the reduced number of underlying shares.
The reverse stock split proportionately reduces the number of shares issuable upon exercise or vesting of outstanding stock options, warrants, and restricted stock units, while proportionately increasing the exercise prices of options and warrants. This maintains the economic value of these instruments while adjusting for the reduced share count.
Show 2 minor / wording changes
Added in current filing · verify on EDGAR →
No fractional shares will be issued as a result of the Reverse Stock Split. Fractional shares will be rounded up to the nearest whole number.
Shareholders will not receive fractional shares from the reverse stock split. Any fractional shares resulting from the 1-for-9 conversion will be rounded up to the nearest whole share, benefiting shareholders who would otherwise receive fractional interests.
Added in current filing · verify on EDGAR →
Commencing on August 7, 2026, trading of the Company’s Common Stock will continue on The Nasdaq Capital Market on a Reverse Stock Split-adjusted basis. The new CUSIP number for the Company’s Common Stock following the Reverse Stock Split is 46265P404.
The company's common stock will continue trading on The Nasdaq Capital Market on a split-adjusted basis starting August 7, 2026, under a new CUSIP number 46265P404. Stockholders holding shares electronically or through brokers will have their positions automatically adjusted without required action.
Event · Item 7.01 — Regulation FD Disclosure
iPower announced a reverse stock split via press release.
Added in current filing · verify on EDGAR →
On August 5, 2026, the Company issued a press release announcing the Reverse Stock Split.
iPower disclosed that it issued a press release on August 5, 2026 announcing a reverse stock split.The press release is attached as Exhibit 99.1 but its content is not included in the filing body provided.
Event · Exhibit 99.1
Added in current filing · verify on EDGAR →
The reverse stock split will become effective at 12:01 a.m. Eastern Time on August 7, 2026, and the Company’s common stock will begin trading on a split-adjusted basis on The Nasdaq Capital Market at the market open on August 7, 2026 under the existing ticker symbol “IPW.”
iPower will effect a 1-for-9 reverse stock split on August 7, 2026. Every nine shares of common stock will automatically combine into one share, with fractional shares rounded up to the nearest whole share. The stock will continue trading under ticker symbol IPW.
Added in current filing · view on EDGAR →
The reverse stock split is intended to increase the per share trading price of the Company’s common stock to assist the Company in maintaining compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market.
The company explicitly states the reverse split is intended to maintain compliance with Nasdaq's minimum bid price requirement. This indicates the stock price had fallen below the $1.00 minimum threshold required for continued listing on the Nasdaq Capital Market.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
The new CUSIP number for the Company’s common stock following the reverse stock split will be 46265P404.
The company's common stock will receive a new CUSIP identifier (46265P404) following the reverse split. This is a standard administrative change that helps distinguish pre-split from post-split shares in trading and settlement systems.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Aug 5, 2026 · How we verify