iPower Inc. Announces 1-for-8 Reverse Stock Split
Rhea-AI Summary
iPower (Nasdaq: IPW) will implement a 1-for-8 reverse stock split of its common stock, effective 12:01 a.m. ET on May 22, 2026. Trading on a split-adjusted basis begins that day under ticker IPW and new CUSIP 46265P305.
Every eight shares will combine into one, reducing outstanding shares from 5,289,919 to about 661,240. No fractional shares will be issued; cash will be paid instead. The move aims to support compliance with Nasdaq’s minimum bid price requirement.
AI-generated analysis. Not financial advice.
Positive
- 1-for-8 reverse stock split designed to support Nasdaq minimum bid price compliance
- Outstanding share count reduced from 5,289,919 to approximately 661,240
- Reverse split already approved by both the board and stockholders
Negative
- Reverse split undertaken to address Nasdaq minimum bid price requirement for continued listing
- Stockholders entitled only to cash in lieu of any fractional post-split shares
News Market Reaction – IPW
On the day this news was published, IPW declined 30.14%, reflecting a significant negative market reaction. Argus tracked a peak move of +11.5% during that session. Argus tracked a trough of -44.2% from its starting point during tracking. Our momentum scanner triggered 26 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $491K from the company's valuation, bringing the market cap to $1.14M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
IPW fell 7.55% while peers showed mixed moves: some up (e.g., WNW), others down (e.g., MI, JWEL). This pattern points to stock-specific factors rather than a unified sector move.
Previous Stock split Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 21 | Reverse stock split | Negative | -8.3% | Announced 1-for-30 reverse stock split to regain Nasdaq bid compliance. |
Prior reverse split news saw a clearly negative price reaction, suggesting investors have previously treated this type of action cautiously.
Over the past months, iPower has repeatedly used structural and balance sheet actions to reshape its equity profile. A prior 1-for-30 reverse split in October 2025 aimed to restore Nasdaq bid compliance and support longer-term positioning, but shares fell about 8.28% over the next day. Today’s new 1-for-8 reverse split continues that pattern of using share structure changes alongside broader strategic and financing initiatives.
Historical Comparison
In the last year, iPower issued 1 prior reverse split update tagged “stock split,” which saw a -8.28% next‑day move. Today’s 1‑for‑8 split continues that reliance on share consolidation to manage Nasdaq listing status.
Repeat reverse stock splits (1-for-30 then 1-for-8) used to support Nasdaq minimum bid compliance.
Market Pulse Summary
The stock dropped -30.1% in the session following this news. A negative reaction despite the mechanical nature of the 1-for-8 reverse split would fit the pattern seen in the prior reverse split, which yielded a -8.28% move. The company’s share count shrinks from 5,289,919 to about 661,240, but historical behavior suggests investors have treated these actions warily, viewing them through the lens of prior price declines and listing‑compliance pressures.
Key Terms
reverse stock split financial
cusip financial
minimum bid price requirement regulatory
book-entry financial
AI-generated analysis. Not financial advice.
RANCHO CUCAMONGA, Calif., May 19, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a technology- and data-driven supply chain and infrastructure provider for online retailers and brands, today announced that it will effect a 1-for-8 reverse stock split of its issued and outstanding common stock.
The reverse stock split will become effective at 12:01 a.m. Eastern Time on May 22, 2026, and the Company’s common stock will begin trading on a split-adjusted basis on The Nasdaq Capital Market at the market open on May 22, 2026 under the existing ticker symbol “IPW.”
The new CUSIP number for the Company’s common stock following the reverse stock split will be 46265P305.
As a result of the reverse stock split, every eight shares of the Company’s issued and outstanding common stock will automatically be combined into one issued and outstanding share of common stock. No fractional shares will be issued in connection with the reverse stock split, and stockholders who would otherwise be entitled to receive a fractional share will receive cash in lieu thereof. Prior to the reverse split, there were a total of 5,289,919 shares of common stock outstanding. Following the reverse split, there will be a total of approximately 661,240 shares of common stock outstanding.
The Company is effectuating the reverse stock split to increase the per share trading price of the Company’s common stock to ensure the Company maintains compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market.
The reverse stock split was approved by the Company’s board of directors and stockholders.
VStock Transfer, LLC is acting as the exchange agent and transfer agent for the reverse stock split. Registered stockholders holding pre-split shares electronically in book-entry form are not required to take any action to receive post-split shares. Stockholders owning shares through a bank, broker, custodian or other nominee will have their positions automatically adjusted to reflect the reverse stock split, subject to such broker’s particular processes.
About iPower Inc.
iPower Inc. (Nasdaq: IPW) is a technology- and data-driven supply chain and infrastructure provider for online retailers and brands, operating at the intersection of digital assets and real-world commerce. The Company delivers procurement, fulfillment, logistics, and software-enabled services, and is executing a broader crypto strategy through licensed partners and compliant infrastructure. For more information, please visit www.meetipower.com.
Forward-Looking Statements
All statements other than statements of historical fact in this press release are forward-looking statements. Such statements involve known and unknown risks and uncertainties and are based on current expectations and projections. Actual results may differ materially from those set forth herein. iPower undertakes no obligation to update forward-looking statements except as required by law. Investors are encouraged to review iPower’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
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