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iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a data and technology driven e-commerce retailer and infrastructure company, today announced that it will implement a reverse stock split of its common shares at a ratio of 1-for-30, effective 12:01 a.m. Eastern Time on October 27, 2025. iPower's common stock will begin trading on Nasdaq on a split-adjusted basis at market open on October 27 under the ticker symbol "IPW."
The reverse split is intended to increase the per-share trading price of iPower's common stock to help the Company regain compliance with Nasdaq's minimum bid price requirement and better position the stock for long-term growth and institutional participation.
No fractional shares will be issued in connection with the reverse split. Any fractional shares resulting from the adjustment will be rounded up to the nearest whole share. Stockholders holding shares electronically in brokerage or book-entry form will have their positions automatically updated to reflect the reverse split.
Posted In: IPW
