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iPower shares are trading higher after the company announced that it has signed a non-binding letter of intent with a prospective customer for the proposed lease of dedicated high-performance GPU computer systems.
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- benzinga
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- Jul 23, 2026, 4:14 PM
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- Jul 23, 2026, 4:14 PM
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iPower shares are trading lower after the company announced a 1-for-9 reverse stock split, effective August 7.
Read original at benzingaiPower Inc. Announces 1-for-9 Reverse Stock Split
iPower Inc. (Nasdaq: IPW) announced a 1-for-9 reverse stock split effective August 7, 2026, reducing outstanding shares from approximately 7.03 million to 781,068. The reverse split aims to increase per-share trading price to maintain compliance with Nasdaq Capital Market's minimum bid price requirement. The company is simultaneously pivoting toward AI infrastructure investments and GPU deployment opportunities.
Read original at globenewswire-inciPower Announces 1-For-9 Reverse Stock Split, Effective Aug. 7
iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a technology- and data-driven supply chain and infrastructure provider for online retailers and brands, today announced that it will effect a 1-for-9
Read original at benzinga