iPower Inc. Announces 1-for-9 Reverse Stock Split
iPower Inc. announced a 1-for-9 reverse stock split effective August 7, 2026, aiming to regain compliance with the Nasdaq Capital Market's minimum bid price requirement. The split will reduce outstanding shares from approximately 7.03 million to 781,068, with trading commencing on a split-adjusted basis under the existing ticker IPW.
Key figures
- Reverse split ratio
- 1-for-9
- Shares outstanding pre split
- 7029608
- Shares outstanding post split
- 781068
AI analysis
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