iPower Inc. Announces 1-for-9 Reverse Stock Split to Maintain Nasdaq Compliance
iPower Inc. will implement a 1-for-9 reverse stock split, effective August 7, 2026, to raise its stock price and meet Nasdaq's minimum bid requirement. This action, approved by the board and stockholders, will reduce outstanding shares from approximately 7 million to 781,068. The company is also expanding into AI infrastructure investments while addressing potential concerns regarding stock volatility and investor perception often associated with reverse splits.
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