{"filing":{"accession_number":"0001683168-26-005967","cik":"0001830072","ticker":"IPW","company_name":"iPower Inc.","form":"8-K","filing_date":"2026-08-05","report_date":"2026-08-05","primary_document":"ipower_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1830072/000168316826005967/ipower_8k.htm"},"events":[{"id":25207,"run_id":22871,"accession_number":"0001683168-26-005967","anchor_item_number":"5.03","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.87,"summary":"iPower Inc. announced a 1-for-9 reverse stock split effective August 7, 2026, explicitly undertaken to increase the per-share trading price and maintain compliance with The Nasdaq Capital Market's minimum bid price requirement for continued listing. The reverse split was approved by stockholders and the board, signaling the company was at risk of delisting and took corrective action to avoid falling below Nasdaq's listing standard.","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-08-05","form":"8-K","submitted_at":null,"items":[{"id":25969,"accession_number":"0001683168-26-005967","item_number":"3.03","item_title":"Material Modification to Rights of","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"iPower announced a 1-for-9 reverse stock split effective August 7, 2026, disclosed under Item 3.03 (Material Modification to Rights of Security Holders). While reverse splits modify shareholder rights by consolidating shares, this event does not fit neatly into the provided taxonomy. The split is material to investors as it affects share count, trading price, and compliance with Nasdaq's minimum bid price requirement, but it is neither a governance action (like a bylaw amendment), a capital event (like a dilutive issuance or dividend), nor an operational or financial restructuring. The domain is clear—it is a capital structure modification—but no specific event type in the taxonomy directly addresses reverse stock splits.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:19:16.872244+00:00","company_name":"","ticker":null,"filing_date":""},{"id":25971,"accession_number":"0001683168-26-005967","item_number":"5.03","item_title":"Amendment to Articles of Incorporation","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a 1-for-9 reverse stock split executed pursuant to stockholder and board approval. The press release explicitly states the reverse split is \"intended to increase the per share trading price of the Company's common stock to assist the Company in maintaining compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market.\" This language signals delisting risk—the company is taking corrective action to avoid falling below Nasdaq's minimum bid price threshold, a continued listing standard. While the primary Item 5.03 addresses the amendment itself, the material event disclosed is the underlying delisting compliance concern.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:19:16.872244+00:00","company_name":"","ticker":null,"filing_date":""},{"id":25972,"accession_number":"0001683168-26-005967","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The press release explicitly states that \"The reverse stock split is intended to increase the per share trading price of the Company's common stock to assist the Company in maintaining compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market.\" This disclosure of a reverse split undertaken to maintain listing compliance is a material delisting-risk event, as it signals the company was at risk of failing Nasdaq's minimum bid price rule and took corrective action to avoid delisting.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:19:16.872244+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":25969,"accession_number":"0001683168-26-005967","item_number":"3.03","item_title":"Material Modification to Rights of","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"iPower announced a 1-for-9 reverse stock split effective August 7, 2026, disclosed under Item 3.03 (Material Modification to Rights of Security Holders). While reverse splits modify shareholder rights by consolidating shares, this event does not fit neatly into the provided taxonomy. The split is material to investors as it affects share count, trading price, and compliance with Nasdaq's minimum bid price requirement, but it is neither a governance action (like a bylaw amendment), a capital event (like a dilutive issuance or dividend), nor an operational or financial restructuring. The domain is clear—it is a capital structure modification—but no specific event type in the taxonomy directly addresses reverse stock splits.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:19:16.872244+00:00","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-08-05"},{"id":25971,"accession_number":"0001683168-26-005967","item_number":"5.03","item_title":"Amendment to Articles of Incorporation","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a 1-for-9 reverse stock split executed pursuant to stockholder and board approval. The press release explicitly states the reverse split is \"intended to increase the per share trading price of the Company's common stock to assist the Company in maintaining compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market.\" This language signals delisting risk—the company is taking corrective action to avoid falling below Nasdaq's minimum bid price threshold, a continued listing standard. While the primary Item 5.03 addresses the amendment itself, the material event disclosed is the underlying delisting compliance concern.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:19:16.872244+00:00","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-08-05"},{"id":25972,"accession_number":"0001683168-26-005967","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The press release explicitly states that \"The reverse stock split is intended to increase the per share trading price of the Company's common stock to assist the Company in maintaining compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market.\" This disclosure of a reverse split undertaken to maintain listing compliance is a material delisting-risk event, as it signals the company was at risk of failing Nasdaq's minimum bid price rule and took corrective action to avoid delisting.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:19:16.872244+00:00","company_name":"iPower Inc.","ticker":"IPW","filing_date":"2026-08-05"}]}
