iPower Enters into Strategic $30 Million Financing Facility to Strengthen Balance Sheet and Launch Digital Asset Treasury
iPower iPower (US:IPW) Globenewswire·2025-12-23 14:05

RANCHO CUCAMONGA, Calif., Dec. 23, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) today announced that it has entered into a 30millionconvertiblenotefinancingfacilitytolaunchitsDigitalAssetTreasury(“DAT”)strategyaspartofabroadercryptostrategydesignedtopositiontheCompanyattheintersectionofdigitalassetsandreal−worldcommerce,supportedbya30 million convertible note financing facility to launch its Digital Asset Treasury (“DAT”) strategy as part of a broader crypto strategy designed to position the Company at the intersection of digital assets and real-world commerce, supported by a 30 million convertible note facility from a US-based institutional investor (the “Facility”). Of the initial $9 million in committed ...