{"filing":{"accession_number":"0001683168-26-005288","cik":"0001830072","ticker":"IPW","company_name":"iPower Inc.","form":"8-K","filing_date":"2026-07-06","report_date":null,"primary_document":"ipower_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826005288/ipower_8k.htm"},"events":[{"id":16150,"run_id":14411,"accession_number":"0001683168-26-005288","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"iPower completed an Additional Optional Closing on July 6, 2026, issuing $2,000,000 principal amount of Series A senior secured convertible notes to an institutional investor in exchange for $1,880,000 in gross proceeds. The convertible notes carry a 6% original issue discount, $2.39 conversion price, and senior secured status, creating a new direct financial obligation under the existing Securities Purchase Agreement framework.","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-07-06","form":"8-K","submitted_at":null,"items":[{"id":14161,"accession_number":"0001683168-26-005288","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"iPower completed an Additional Optional Closing on July 6, 2026, issuing $2,000,000 principal amount of Series A senior secured convertible notes to an institutional investor in exchange for $1,880,000 in gross proceeds. This represents a new direct financial obligation under the existing Securities Purchase Agreement framework. While convertible notes have equity characteristics, the primary disclosure centers on the creation of a debt instrument with fixed terms (6% OID, $2.39 conversion price, senior secured status), making debt_issuance the most precise classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:47:43.352111+00:00","company_name":"","ticker":null,"filing_date":""},{"id":14162,"accession_number":"0001683168-26-005288","item_number":"8.01","item_title":"Other Events.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"iPower announced completion of a $2.0 million convertible note investment from an institutional investor. Convertible notes are a form of dilutive equity issuance that can convert to common stock, representing a material capital raise that affects the company's capital structure and shareholder equity. The press release emphasizes this as a strategic financing to strengthen the balance sheet and fund growth initiatives.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:47:43.352111+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":14161,"accession_number":"0001683168-26-005288","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"iPower completed an Additional Optional Closing on July 6, 2026, issuing $2,000,000 principal amount of Series A senior secured convertible notes to an institutional investor in exchange for $1,880,000 in gross proceeds. This represents a new direct financial obligation under the existing Securities Purchase Agreement framework. While convertible notes have equity characteristics, the primary disclosure centers on the creation of a debt instrument with fixed terms (6% OID, $2.39 conversion price, senior secured status), making debt_issuance the most precise classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:47:43.352111+00:00","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-07-06"},{"id":14162,"accession_number":"0001683168-26-005288","item_number":"8.01","item_title":"Other Events.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"iPower announced completion of a $2.0 million convertible note investment from an institutional investor. Convertible notes are a form of dilutive equity issuance that can convert to common stock, representing a material capital raise that affects the company's capital structure and shareholder equity. The press release emphasizes this as a strategic financing to strengthen the balance sheet and fund growth initiatives.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:47:43.352111+00:00","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-07-06"}]}