IPOWER INC. DL -,001

iPower will carry out a 1-for-9 reverse stock split; shares will be traded on a split-adjusted basis from market open on the Nasdaq Capital Market under the ticker symbol IPW. Outstanding shares are expected to be reduced from 7,029,608 to approximately 781,068; fractional shares will be rounded up. The split aims to raise the share price level to meet the minimum price requirement; VStock Transfer will act as exchange and transfer agent and registered shareholders do not need to take any action. » More on de.investing.com

iPower plans to set up the subsidiary iPower AI LLC, which will acquire AI compute hardware and lease it to customers. The company says it is negotiating with interested parties but has not yet reached definitive agreements on purchase, financing, or leasing. Leasing structures could include upfront payments; a sales model for compute capacity is also being considered. Success depends on financing, hardware availability, customer demand, and the conclusion of final agreements. » More on de.investing.com

iPower is examining a possible expansion into AI infrastructure hardware, including high-performance compute systems, partnerships with data centers, and the purchase, financing or leasing of AI compute hardware. The review is still in an exploratory phase; no concrete agreements have been made and any future investments will depend on financing, partner talks and due diligence. The company has a market capitalization of around $830,000 and, according to InvestingPro, shows potential for undervaluation, but remains unprofitable with a loss of $62.39 per share over the past twelve months. » More on de.investing.com