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iPower 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
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- benzinga
- Observed
- Aug 5, 2026, 3:51 PM
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- Aug 5, 2026, 3:51 PM
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- Captured once, then retained as an archive reference
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- fresh
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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-inc