iPower Inc. Announces 1-for-9 Reverse Stock Split

Corporate Action
โดย GlobeNewswire·US·Read original
Summary · why it matters

iPower Inc. will effect a 1-for-9 reverse stock split of its common stock, effective August 7, 2026. The split will combine every nine shares into one, reducing outstanding shares from approximately 7,029,608 to about 781,068, with fractional shares rounded up. Trading on a split-adjusted basis begins at market open on August 7 under the ticker IPW, and the new CUSIP is 46265P404. The move aims to raise the per-share price to maintain Nasdaq Capital Market listing compliance. The reverse split was approved by the board and stockholders, with VStock Transfer acting as exchange agent.

Impact on stocks 1

Climate Adaptation & Water · 1 stocks
iPower Inc
IPW
± MixedCapitalrelevance

Reverse stock split to maintain Nasdaq listing compliance; no direct operational impact.