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    iPower Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    5/26/26 9:20:16 AM ET
    $IPW
    RETAIL: Building Materials
    Consumer Discretionary
    Get the next $IPW alert in real time by email
    8-K
    false 0001830072 0001830072 2026-05-26 2026-05-26 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of report (date of earliest event reported): May 26, 2026

     

    iPower Inc.

    (Exact name of registrant as specified in its charter)

     

    Nevada   001-40391   82-5144171

    (State or other jurisdiction

    of incorporation)

      (Commission File Number)  

    (IRS Employer

    Identification No.)

     

    8798 9th Street

    Rancho Cucamonga, CA 91730

    (Address of Principal Executive Offices) (Zip Code)

     

    (626) 863-7344

    (Registrant’s Telephone Number, Including Area Code)

     

    ___________________________

    (Former name or former address, if changed since last report.)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
       
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
       
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
       
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on which registered
    Common Stock $0.001 per share   IPW   The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☒

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

       

     

     

    Item 8.01. Other Events.

     

    As previously disclosed in our Current Report on Form 8-K filed February 10, 2026, the board of directors of iPower Inc. (“iPower” or the “Company”) previously authorized a share repurchase program of up to $2 million of the Company’s common stock (the “Share Buyback Program”). On May 26, 2026, the Company issued a press release announcing it had executed the documents required to implement a trading plan in connection with the Share Buyback Program. The Company expects such trading plan to become active upon satisfaction of applicable procedural and regulatory requirements, with the Company intending to fund the first tranche of the Share Buyback Program in the coming days. A copy of the press release is furnished herewith as Exhibit 99.1.

     

    The information included in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for any purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such Section. The information in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

     

    Item 9.01 Financial Statements and Exhibits.

     

    (d) Exhibits

     

    Exhibit No.   Description
    99.1   Press Release dated May 26, 2026
    104   Cover Page Interactive Data File (embedded within the inline XBRL document)

     

     

     

     

     

     

     2 

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      IPOWER, INC.
    Dated: May 26, 2026    
      By: /s/ Chenlong Tan
      Name: Chenlong Tan
      Title: Chief Executive Officer

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     3 

     

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