iPower Inc. Terminates Material Definitive Agreement
Ticker: IPW · Form: 8-K · Filed: Dec 9, 2025 · CIK: 1830072
Sentiment: neutral
Topics: agreement-termination, 8-k
TL;DR
iPower terminated a big deal, filing an 8-K on Dec 7, 2025.
AI Summary
On December 7, 2025, iPower Inc. filed an 8-K to report the termination of a material definitive agreement. The filing also includes information on other events and financial statements/exhibits. The company is incorporated in Nevada and its principal executive offices are located in Rancho Cucamonga, California.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's operations, financial standing, and future strategic direction.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement introduces uncertainty regarding the company's business relationships and financial stability.
Key Players & Entities
- iPower Inc. (company) — Registrant
- December 7, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 8798 9th Street Rancho Cucamonga, CA 91730 (address) — Principal Executive Offices
FAQ
What specific material definitive agreement was terminated by iPower Inc.?
The filing does not specify the exact name or details of the material definitive agreement that was terminated.
When was the termination of the material definitive agreement effective?
The filing reports December 7, 2025, as the date of the earliest event reported, which includes the termination of a material definitive agreement.
What are the principal executive offices of iPower Inc.?
The principal executive offices of iPower Inc. are located at 8798 9th Street, Rancho Cucamonga, CA 91730.
In which state is iPower Inc. incorporated?
iPower Inc. is incorporated in Nevada.
What other items are included in this 8-K filing besides the termination of an agreement?
This 8-K filing also includes information on 'Other Events' and 'Financial Statements and Exhibits'.
Filing Stats: 613 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2025-12-09 09:20:26
Key Financial Figures
- $0.001 — ange on which registered Common Stock $0.001 per share IPW The Nasdaq Stock Mark
Filing Documents
- ipower_8k.htm (8-K) — 28KB
- ipower_ex9901.htm (EX-99.1) — 7KB
- image_001.jpg (GRAPHIC) — 5KB
- 0001683168-25-008998.txt ( ) — 208KB
- ipw-20251207.xsd (EX-101.SCH) — 3KB
- ipw-20251207_lab.xml (EX-101.LAB) — 33KB
- ipw-20251207_pre.xml (EX-101.PRE) — 22KB
- ipower_8k_htm.xml (XML) — 4KB
02
Item 1.02. Termination of a Material Definitive Agreement. On December 7, 2025, iPower Inc., a Nevada corporation (the "Company") repaid in full its asset-based lending facility ("ABL"), originally dated November 12, 2021, as amended, with JPMorgan Chase Bank, N.A. ("JPM"), resulting in the termination of the ABL. As a result, the Company has initiated the termination of the related Uniform Commercial Code filings. To facilitate the payoff and provide near term flexibility, as announced in its Form 8-K dated December 1, 2025, the Company secured a bridge loan bearing interest at 6.5% per annum, with no fees, used largely to retire the ABL while it evaluates longer term capital solutions.
01
Item 8.01. Other Events. The information set forth in Item 1.02 above is incorporated by reference herein. On December 9, 2025, the Company issued a press release announcing the full repayment of the ABL. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. The information in the exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, or incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.
01
Item 9.01. Financial Statement and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release issued December 9, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IPOWER, INC. Dated: December 9, 2025 By: /s/ Chenlong Tan Name: Chenlong Tan Title: Chief Executive Officer 3