Current Report · Items 5.07, 9.01 · 8-K
iPower Inc.
IPWNASDAQEQUITYCurrent
Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On September 21, 2026, the Company held a special meeting of stockholders (the “Special Meeting”) at which the Company’s stockholders considered three proposals, each of which is described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on September 8, 2026.…
Filed Sep 22, 2026Accepted Sep 22, 2026, 8:40 AM EDTCIK 1830072Accession 0001683168-26-007276
Company context
iPower is a technology- and data-driven infrastructure company with a foundation in supply chain services, real-world commerce, and partner-based logistics and fulfillment capabilities. The Company leverages its internal software, data, and operational experience, together with a network of procurement, logistics, fulfillment, warehousing, and commerce partners, to support supply chain services, commerce infrastructure, and related business opportunities.
Current securities
Registered securities in this filing
iPower Inc. · 8-K · Filed 2026-09-22
As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.
Common Stock $0.001 per share
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Filing context
Context: AsOf2026-09-21
Dimensions: Not supplied
Accession 000168316826007276 · 1 registered-security cover member
Read the exact SEC filing ↗Disclosure sections
Items 5.07, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 5.07Item 5.07 - Submission of Matters to Vote
Item 5.07.
Submission of Matters to a Vote of Security Holders.
On
September 21, 2026, the Company held a special meeting of stockholders (the “Special Meeting”) at which the Company’s
stockholders considered three proposals, each of which is described in more detail in the Company’s definitive proxy statement
filed with the Securities and Exchange Commission on September 8, 2026. At the Special Meeting there were a total of 6,427,376 votes
eligible to be cast, with a total of 2,322,467 shares voted in person or by proxy, representing 36.13% of the votes eligible to be cast.
The final voting results for each matter are set forth below.
Stock Offering Proposal.
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Stockholders
approved, for purposes of complying with Nasdaq Listing Rule 5635(d), the issuance of up to $10,000,000 of common stock in one or more
private placements or public offerings, at a price that may be above, equal to or below the Nasdaq Minimum Price, in accordance with the
voting results below.
For Against Abstain
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2,272,998 49,465 4
Reverse Stock Split Proposal.
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Stockholders
approved an amendment to the Company’s Sixth Amended and Restated Articles of Incorporation to effect, at the discretion of the
Company’s board of directors, a reverse stock split of the Common Stock at a stock split ratio of up to 1-for-250, with the ultimate
ratio to be determined by the Company’s board of directors, in its sole discretion, which may be implemented on one or more occasions,
when and as needed, to allow the Company to maintain compliance with Nasdaq listing requirements, with the exact stock split ratio or
ratios to be determined at the discretion of the Company’s board of directors, in accordance with the voting results below.
For Against Abstain
───────────────────────────────────────
2,271,824 50,639 4
Equity Incentive Plan Proposal.
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Stockholders approved a Third Amended and Restated
2020 Equity Incentive Plan (a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein
by reference) to (i) adjust the total number of the Company’s shares reserved for issuance under the plan to 50,000,000 shares and
(ii) adopt an evergreen provision providing for a 5% automatic annual increase in the shares of Common Stock available for issuance under
the plan over a period of ten years, in accordance with the voting results below.
For Against Abstain
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2,283,378 39,085 4
Item 9.01. Financial Statement and Exhibits.
(d) Exhibits
Exhibit No. Description
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10.1 Third Amended and Restated 2020 Equity Incentive Plan
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)