iPower (IPW)
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iPower Authorizes $2 Million Share Repurchase Program, First in Company History
Globenewswire· 2026-02-10 14:15
Core Viewpoint - iPower Inc. has announced its first-ever share repurchase program, reflecting confidence in its financial position and strategic direction, with support from all creditors [1][2][3] Group 1: Share Repurchase Program - The share repurchase program is set at up to $2,000,000 and will be implemented soon, depending on market conditions and regulations [2] - This milestone indicates progress in strengthening the company's balance sheet and positions iPower for long-term value creation [3] Group 2: Financial Position and Strategy - The combination of new capital, cost-structure improvements, and the share repurchase program provides iPower with greater flexibility in capital allocation [3] - The company is focused on supporting its operating priorities and previously announced strategic initiatives while executing a broader crypto strategy [4]
Zacks Initiates Coverage of iPower With Neutral Recommendation
ZACKS· 2026-02-09 15:25
Core Viewpoint - Zacks Investment Research has initiated coverage of iPower Inc. (IPW) with a "Neutral" recommendation, reflecting a mixed outlook for the company amid its progress in the e-commerce sector despite industry challenges [1] Company Overview - iPower operates as a technology- and data-driven online retailer based in Rancho Cucamonga, CA, offering a variety of consumer goods including home goods, pet products, gardening and hydroponics equipment, outdoor products, and consumer electronics, along with e-commerce services for third-party brands [2] Financial Performance - iPower's first-quarter fiscal 2026 revenue decreased by 36.8% year over year, primarily due to reduced order volumes from Amazon and supply chain disruptions [3] - Service revenue has more than doubled compared to the previous year as iPower expanded its supply-chain and logistics platform, indicating a shift in revenue mix [3] Growth Drivers - A significant reset of the cost structure has improved operating leverage, leading to reduced losses despite revenue pressures [4] - Balance-sheet improvements, including debt repayment and enhanced financing capacity, have lowered near-term risks and provided flexibility for strategic initiatives [4] - Domestic sourcing efforts and a disciplined digital asset treasury strategy are aimed at enhancing supply-chain resilience and capital deployment [4] Market Positioning - iPower's stock has underperformed compared to industry peers and the broader market over the past year, indicating investor caution regarding the company's near-term recovery and execution [6] - The current valuation suggests that expectations are low, which could lead to a sharp response in stock price with sustained operational or financial improvements [6]
iPower Eliminates Major Cost Center and Receives $2.3 Million in Consideration as Part of Strategic Restructuring While Retaining Core Supply Chain Platform
Globenewswire· 2026-02-02 14:10
RANCHO CUCAMONGA, Calif., Feb. 02, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced that it has eliminated a major operating cost center while receiving total consideration of approximately $2.3 million as part of a strategic restructuring designed to streamline operations and strengthen the Company’s core supply chain and fulfillment platform. Through this transaction, iPower has removed major costs associated with online sales operations by selling its subsidi ...
iPower Accelerates SuperSuite Execution with Koala Story Onboarding and Logistics Cost Reductions
Globenewswire· 2026-01-22 14:10
Core Insights - iPower Inc. has made significant operational advancements in its SuperSuite supply chain platform, including the onboarding of a new supply-chain partner and the introduction of additional last-mile logistics vendors, which are already operational and enhancing unit economics [1]. Group 1: Supply Chain Developments - Koala Story, a healthy pet snack brand, has been onboarded as a new supply chain partner within iPower's SuperSuite ecosystem, with an initial focus on U.S.-manufactured Chicken Chips dog treats [2]. - The products from Koala Story are produced by a seasoned U.S. manufacturing partner that supports major national consumer brands, indicating a strong foundation for growth in the pet snack category, which is experiencing premiumization trends and repeat purchase behavior [3]. Group 2: Logistics Enhancements - iPower has engaged new logistics partners, including UniUni and GoFo, to enhance delivery efficiency and reduce last-mile delivery costs, with these partnerships already live within the logistics network [4]. - The new logistics partnerships are expected to lower last-mile delivery costs and improve delivery performance in key regions, contributing to overall operational efficiency [4]. Group 3: Strategic Focus - The CEO of iPower emphasized that SuperSuite is designed to scale through effective operational execution and disciplined cost management, focusing on onboarding quality partners and reducing fulfillment costs to create durable value [5]. - iPower is continuously evaluating its operating and capital structure to maximize long-term stockholder value as part of its long-term strategy [5]. Group 4: Company Overview - iPower Inc. is a technology- and data-driven online retailer that provides value-added e-commerce services for third-party products and brands, operating a nationwide fulfillment network and expanding its infrastructure across software, logistics, and manufacturing [6].
iPower (IPW) - Prospectus(update)
2026-01-16 21:58
As filed with the Securities and Exchange Commission on January 16, 2026 Registration No. 333-292682 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No 1 to Form S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 iPower Inc. (Exact name of registrant as specified in its charter) | | | (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 8798 9th Street Rancho Cucamonga, CA 91730 (626) 863-7344 (Address, including zi ...
iPower Provides Market Update on Digital Asset Treasury Execution
Globenewswire· 2026-01-15 14:10
Core Insights - iPower Inc. has executed its Digital Asset Treasury strategy, making initial purchases of Bitcoin and Ethereum through a subsidiary account with BitGo, ensuring assets are held under defined custody and governance arrangements [2][3]. Group 1: Digital Asset Strategy - The company emphasizes that its Digital Asset Treasury is a long-term strategy rather than a short-term trading approach, focusing on disciplined execution within a risk-management framework [3][4]. - iPower's CEO, Lawrence Tan, highlighted the importance of execution discipline and transparency in building digital asset exposure in a controlled manner, supported by institutional-grade custody and governance [4]. Group 2: Market Performance - Since the initial purchases, the market prices for Bitcoin and Ethereum have remained above the acquisition prices, indicating positive market movement during this period [3]. Group 3: Future Plans - iPower may consider additional digital asset purchases in the future, contingent on market conditions, capital availability, and internal risk-management considerations [4]. - The company is also evaluating its operating and capital structure to enhance long-term stockholder value [5]. Group 4: Company Overview - iPower Inc. operates at the intersection of digital assets and real-world commerce, leveraging its e-commerce operations and emerging digital asset initiatives to connect digital assets with real-world commerce through compliant infrastructure [6].
iPower Highlights Channel Partner Role at Zyla by Ant International Event During Consumer Electronics Show
Globenewswire· 2026-01-13 14:15
Core Insights - iPower Inc. has been recognized as a U.S. retail channel partner at an event hosted by Zyla by Ant International, emphasizing its role in enhancing online sales for international merchants in the U.S. market [1][4] Company Overview - iPower Inc. operates at the intersection of digital assets and real-world commerce, leveraging technology and data to support e-commerce operations and emerging digital asset initiatives [5] - The company aims to maximize long-term stockholder value by continuously evaluating its operating and capital structure [5] Partnership and Market Position - Following the event, iPower has received interest from several supply-chain partners looking to explore potential partnerships, indicating a growing recognition of its platform capabilities in cross-border commerce [3] - The company has previously established a partnership with Zyla to assist in the expansion of Zyla's clients into the U.S. e-commerce market [4] Strategic Focus - iPower's platform is designed to help brands and sellers scale across major U.S. online channels through marketplace experience, operational execution, and value-added services [2] - The CEO of iPower highlighted the company's industry-leading expertise and robust operating platform as key factors in supporting brands' execution in the U.S. market [4]
iPower (IPW) - Prospectus
2026-01-12 22:19
Table of Contents As filed with the Securities and Exchange Commission on January 12, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 iPower Inc. (Exact name of registrant as specified in its charter) | Nevada | | --- | Nevada 5200 82-5144171 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification N ...
BitGo Announces Custody and Transaction Support for iPower's Digital Asset Treasury
Businesswire· 2026-01-09 17:00
Core Insights - BitGo Holdings Inc. has supported iPower Inc. in executing and custodying its digital asset treasury transactions [1] - iPower has completed purchases of Bitcoin (BTC) and Ethereum (ETH) through an account at BitGo Bank & Trust [1] - The transactions were executed using BitGo Prime's over-the-counter (OTC) trading services [1]
iPower to Plow $30M Into Digital Asset Treasury Strategy
Crowdfund Insider· 2025-12-29 23:56
Core Viewpoint - iPower Inc. has initiated a $30 million convertible note financing to launch its Digital Asset Treasury strategy, aiming to integrate digital assets with real-world commerce [1][3]. Group 1: Financing Details - The financing includes an initial $9 million commitment, with approximately $4.4 million allocated to establish a digital asset treasury that will hold Bitcoin and Ethereum [2]. - The proceeds will also be used to repay existing short-term loans and enhance working capital [2]. Group 2: Strategic Intent - This financing marks a significant step in iPower's broader crypto strategy, leveraging its established business with $59 million in trailing 12-month revenue as of September 30, 2025 [3]. - The company aims to create a digital asset treasury that serves as a bridge between e-commerce and digital assets, focusing on long-term value creation rather than short-term speculation [3]. Group 3: Future Plans - iPower plans to evaluate strategic acquisitions and investment opportunities to generate positive Return on Invested Capital (ROIC) using its enhanced balance sheet [4]. - The company intends to collaborate with licensed digital asset product providers to develop compliant consumer-facing products, utilizing its existing platforms and analytics capabilities [4].