iPower to implement 1-for-30 reverse stock split effective October 27

iPower Inc. (NASDAQ:IPW) announced it will implement a 1-for-30 reverse stock split of its common stock, effective at the start of trading on October 27, 2025. The company, currently trading at $0.58 with a market capitalization of $19.52 million, disclosed the decision in a statement filed with the Securities and Exchange Commission. According to InvestingPro analysis, iPower appears undervalued at current levels, with the stock down nearly 35% year-to-date.

According to the filing, the reverse stock split was approved by the company’s board of directors on October 13, 2025, following authorization granted by stockholders at the annual meeting held on June 23, 2025. The board selected the 1-for-30 ratio from a previously approved range of 1-for-2 to 1-for-200.

Upon effectiveness, every thirty shares of issued and outstanding iPower common stock will be automatically combined into one share. The par value of the stock will remain unchanged at $0.001 per share. The reverse split will not affect the total number of authorized shares of common or preferred stock.

As a result of the reverse split, the number of shares issuable upon exercise or vesting of outstanding warrants and restricted stock units will be reduced proportionally, and the exercise prices of outstanding stock options will increase accordingly.

No fractional shares will be issued. Stockholders who would otherwise be entitled to receive a fractional share will receive one full share of post-split common stock in lieu of any fractional shares.

VStock Transfer LLC will act as the exchange agent for the reverse stock split and will notify stockholders of record. Those holding shares in book-entry form or in “street name” through a broker or bank are not required to take any action.

Trading of iPower’s common stock will continue on the Nasdaq Capital Market under the existing symbol “IPW” on a reverse split-adjusted basis beginning October 27, 2025. The new CUSIP number for the post-split shares will be 46265P206.

This information is based on a statement filed with the Securities and Exchange Commission.

In other recent news, iPower Inc. has announced several significant developments. The company recently reported the early arrival of its newly acquired packaging production line at its domestic facility, which is part of its joint venture, United Package NV LLC. This initiative aims to establish U.S.-based manufacturing capabilities for commercial packaging under iPower’s SuperSuite Supply Chain Platform. Additionally, iPower has terminated its variable interest entity agreement in China to streamline operations, indicating a shift in how services will be managed by the company and its contractors.

Furthermore, iPower has partnered with TCL Smart Home Technology to sell TCL consumer electronics through its authorized retail channels, expanding its product selection. The collaboration will integrate TCL’s product line into iPower’s e-commerce platform, leveraging its fulfillment network and marketing capabilities. In a move toward digital innovation, iPower has unveiled a strategy to expand into blockchain technology across various business segments. The company plans to acquire digital assets as reserve holdings and deploy them into institutional lending structures to generate yield while preserving principal.

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