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iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company") today announced that it has received written notice from The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) and that the matter is now closed. Nasdaq's notice stated that for the ten consecutive business days from October 27, 2025 to November 7, 2025, the closing bid price of the Company's common stock was at or above $1.00 per share.
As previously disclosed, on January 2, 2025, Nasdaq notified the Company that its common stock had failed to maintain a minimum bid price of $1.00 over the prior 30 consecutive business days, as required by the Nasdaq Listing Rules. With Nasdaq's latest notification, iPower is once again in compliance with Listing Rule 5550(a)(2).
Posted In: IPW
