iPower Secures $2.0 Million Growth Capital to Advance AI, Supply Chain Infrastructure and Other Strategic Initiatives

iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company") today announced it has secured a $2.0 million convertible note investment from an institutional investor, providing the Company with additional capital to advance its strategic growth initiatives. The unrestricted financing gives iPower full discretion to deploy capital toward high-priority opportunities, including artificial intelligence, supply chain infrastructure, and other value-driving corporate initiatives. Management views this financing as a meaningful step in strengthening the Company's capital position as it pursues strategic opportunities designed to support long-term growth, drive revenue expansion, and enhance profitability. "This investment is a strong vote of confidence in iPower's strategy and our ability to execute," said Lawrence Tan, Chief Executive Officer of iPower. "The unrestricted nature of this capital gives us the flexibility to move decisively on the opportunities we believe will create the most value for our stockholders — particularly across AI infrastructure and supply chain innovation. We view this as a pivotal step in our strategy to drive sustained revenue growth, expand margins, and build a more profitable, scalable business for the long term." About iPower Inc. iPower Inc. (Nasdaq: IPW) is a technology- and data-driven company executing a focused strategy at the intersection of AI infrastructure and real-world commerce. Building on its established e-commerce operations, technology platform, and capital m...