iPower Announces 1-for-30 Reverse Stock Split
iPower iPower (US:IPW) Globenewswire·2025-10-21 18:15

Core Viewpoint - iPower Inc. will implement a reverse stock split at a ratio of 1-for-30, effective October 27, 2025, to increase its stock price and comply with Nasdaq's minimum bid price requirement [1] Group 1: Reverse Stock Split Details - The reverse stock split will take effect at 12:01 a.m. Eastern Time on October 27, 2025, with trading on a split-adjusted basis beginning that day under the ticker symbol "IPW" [1] - No fractional shares will be issued; any resulting fractional shares will be rounded up to the nearest whole share [2] Group 2: 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 [3] - The company operates a nationwide fulfillment network and is expanding its infrastructure across software, logistics, and manufacturing, with plans to pursue initiatives in digital assets and blockchain integration [3]