Form 8-K

8-K — iPower Inc.

Accession: 0001683168-26-004542

Filed: 2026-06-04

Period: 2026-06-04

CIK: 0001830072

SIC: 5200 (RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY)

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — ipower_8k.htm (Primary)

EX-99.1 — PRESS RELEASE (ipower_ex9901.htm)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities

Exchange Act of 1934

Date of report (date of earliest event reported):

June 4, 2026

iPower Inc.

(Exact name of registrant as specified in its charter)

Nevada

001-40391

82-5144171

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

8798 9th Street

Rancho Cucamonga, CA 91730

(Address of Principal Executive Offices) (Zip

Code)

(626) 863-7344

(Registrant’s Telephone Number, Including

Area Code)

___________________________

(Former name or former address, if changed since

last report.)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b)

of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock $0.001 per share

IPW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the

Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01.

Other Events.

On June 4, 2026, iPower Inc. (“iPower”

or the “Company”) issued a press release announcing its completion of an initial purchase of approximately $1 million worth

of USDai, the synthetic dollar of the USD.AI protocol. The Company intends to stake the acquired USDai into sUSDai, USD.AI’s yield-bearing

token, as part of the Company’s AI infrastructure investment strategy. A copy of the press release is furnished herewith as Exhibit

99.1.

The information in this Current Report on Form

8-K, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed “filed” for any purpose of Section

18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such

Section. The information in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any filing under

the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01.

Financial Statement and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

Press Release dated June 4, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

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: June 4, 2026

By:

/s/ Chenlong Tan

Name:

Chenlong Tan

Title:

Chief Executive Officer

EX-99.1 — PRESS RELEASE

EX-99.1

Filename: ipower_ex9901.htm · Sequence: 2

Exhibit 99.1

iPower Completes Initial $1 Million USD.AI Purchase

to Advance AI Infrastructure Strategy

Company intends

to stake USDai into sUSDai to participate in

AI infrastructure

financing yield opportunities

RANCHO CUCAMONGA, Calif., June 4, 2026

-- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced that it has completed an initial purchase

of approximately $1.0 million of USDai, the synthetic dollar of the USD.AI protocol.

The Company intends to stake the acquired USDai

into sUSDai, USD.AI’s yield-bearing token, as part of iPower’s previously announced AI infrastructure investment strategy.

The purchase represents the initial tranche of iPower’s commitment to invest up to $3.0 million in USD.AI’s ecosystem and

marks a key step in the Company’s plan to participate in the AI infrastructure funding ecosystem.

USD.AI is designed to support financing of AI

infrastructure through a digital asset framework that connects capital providers with infrastructure-backed opportunities. The USD.AI

ecosystem has attracted institutional and public-market participation, including a previously announced $4.0 million investment by Bullish

(NYSE: BLSH) and an investment by Coinbase Ventures in Permian Labs, the developer of USD.AI.

“We believe AI infrastructure financing

is becoming an important investment category as demand for compute capacity, data centers and related infrastructure continues to grow,”

said Lawrence Tan, Chief Executive Officer of iPower. “This initial USD.AI purchase moves iPower from strategy to execution and

positions the Company to participate in the capital formation layer supporting AI infrastructure.”

iPower intends to continue evaluating opportunities

across the AI infrastructure landscape, including digital assets, financing platforms, infrastructure-related investments and other opportunities

aligned with its strategic objectives.

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 markets experience, the Company is expanding into AI infrastructure investments

and related financing ecosystems. Through targeted investments in digital assets, infrastructure financing protocols and other AI-related

opportunities, iPower seeks to participate in the growth of the compute, data center and infrastructure layers that support artificial

intelligence. Leveraging its operating experience, ecosystem relationships and capital market access, iPower is building a scalable business

designed to generate durable long-term value for stockholders. For more information, please visit www.meetipower.com.

Forward-Looking Statements

All statements other than statements of historical

fact in this press release are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of

1995. Forward-looking statements include, but are not limited to, statements regarding the Company’s AI infrastructure strategy,

AI-related investments, digital asset activities, participation in AI infrastructure financing ecosystems, expected returns, future capital

deployment, business opportunities and long-term stockholder value creation. These statements involve known and unknown risks and uncertainties

and are based on current expectations and projections. Actual results may differ materially from those set forth herein. iPower undertakes

no obligation to update forward-looking statements except as required by law. Investors are encouraged to review iPower’s filings

with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports

on Form 8-K.

Investor Relations Contact

IPW.IR@meetipower.com

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