iPower to implement 1-for-9 reverse stock split Thursday By Investing.com

iPower Inc. will execute a 1-for-9 reverse stock split of its common stock, effective Thursday at 12:01 a.m. Eastern Time. This action aims to increase the per share trading price to meet Nasdaq's minimum bid price requirement. Following the split, the number of outstanding shares will decrease from 7,029,608 to approximately 781,068.