iPower executes 1-for-8 reverse stock split

iPower announces 1-for-8 reverse stock split effective May 22 to comply with Nasdaq listing rules.

ByJack Scott- Senior Editor

Today / 04:10|Last updated: Today / 04:12

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iPower executes 1-for-8 reverse stock split — Photo: Prepared by Bond.az

iPower Inc. (NASDAQ:IPW) will implement a 1-for-8 reverse stock split, effective May 22, 2026.

Every eight shares will be combined into one. No fractional shares will be issued.

The move aims to boost the share price to meet Nasdaq's minimum bid requirement.

IPW shares currently trade at $0.80, down 95% over the past year.

Stay tuned to Bond.az for more updates.

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