iPower shareholders approve $10 million common stock issuance at special meeting
Bitget2026/09/22 12:40- iPower held a special shareholder meeting on Sept. 21, 2026.
- Shareholders authorized issuance of up to $10 million of common stock in private placements or public offerings.
- Investors backed an amendment allowing the board to implement a reverse stock split, at its discretion, up to 1-for-250.
- Holders adopted a revised 2020 equity incentive plan, lifting the share reserve to 50,000,000 with a 5% annual evergreen increase.
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