{"filing":{"accession_number":"0001683168-26-005670","cik":"0001830072","ticker":"IPW","company_name":"iPower Inc.","form":"8-K","filing_date":"2026-07-21","report_date":null,"primary_document":"ipower_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826005670/ipower_8k.htm"},"events":[{"id":19031,"run_id":17126,"accession_number":"0001683168-26-005670","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"iPower Inc. joined as a guarantor to an existing $30 million convertible note facility originally entered into in December 2025, with iPower AI LLC added as a co-guarantor. This modification extends the company's direct financial obligations and increases creditor claims against the newly formed subsidiary.","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-07-21","form":"8-K","submitted_at":null,"items":[{"id":18019,"accession_number":"0001683168-26-005670","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Item 1.01 discloses a joinder to an existing guaranty under a Securities Purchase Agreement for a $30 million convertible note facility. While the original debt issuance occurred in December 2025, this July 2026 filing documents the addition of iPower AI LLC as a guarantor to that facility, which extends the company's direct financial obligations and increases creditor claims against the newly formed subsidiary. This represents a material modification to the debt structure and guaranty obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T14:31:44.911147+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":19032,"run_id":17126,"accession_number":"0001683168-26-005670","anchor_item_number":"8.01","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.74,"summary":"iPower formed two wholly-owned subsidiaries (IPW Commerce LLC and iPower AI LLC) to separate e-commerce and AI operations, and announced a strategic pivot into AI hardware leasing as a new business line with preliminary customer interest. The company has not yet signed definitive agreements but signals a material strategic shift in business direction and capital deployment.","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-07-21","form":"8-K","submitted_at":null,"items":[{"id":18020,"accession_number":"0001683168-26-005670","item_number":"8.01","item_title":"Other Events.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"iPower formed two wholly-owned subsidiaries (IPW Commerce LLC and iPower AI LLC) to separate e-commerce and AI operations from the remainder of the business. The press release announces a strategic pivot into AI hardware leasing, a new business line with preliminary customer interest. While this is a material operational and strategic development affecting the company's business direction, it does not fit neatly into specific categories like M\u0026A (no acquisition occurred), workforce reduction, or material litigation. The formation of subsidiaries and announcement of a new business strategy constitute a material operational event that would affect a reasonable investor's assessment of the company's future direction and capital deployment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T14:31:44.911147+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":18019,"accession_number":"0001683168-26-005670","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Item 1.01 discloses a joinder to an existing guaranty under a Securities Purchase Agreement for a $30 million convertible note facility. While the original debt issuance occurred in December 2025, this July 2026 filing documents the addition of iPower AI LLC as a guarantor to that facility, which extends the company's direct financial obligations and increases creditor claims against the newly formed subsidiary. This represents a material modification to the debt structure and guaranty obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T14:31:44.911147+00:00","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-07-21"},{"id":18020,"accession_number":"0001683168-26-005670","item_number":"8.01","item_title":"Other Events.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.72,"reasoning":"iPower formed two wholly-owned subsidiaries (IPW Commerce LLC and iPower AI LLC) to separate e-commerce and AI operations from the remainder of the business. The press release announces a strategic pivot into AI hardware leasing, a new business line with preliminary customer interest. While this is a material operational and strategic development affecting the company's business direction, it does not fit neatly into specific categories like M\u0026A (no acquisition occurred), workforce reduction, or material litigation. The formation of subsidiaries and announcement of a new business strategy constitute a material operational event that would affect a reasonable investor's assessment of the company's future direction and capital deployment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T14:31:44.911147+00:00","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-07-21"}]}