iPower announces special shareholder meeting
Reuters2026/09/08 21:17- iPower schedules a virtual special stockholder meeting on Sept. 21, 2026.
- Vote on authorizing up to USD 10 million in common stock issuance, capped at 10,000,000 shares.
- Consider a reverse stock split, with the board able to set ratios up to 1-for-250.
- Decide on amending the 2020 equity incentive plan, resetting the share reserve to 50,000,000 with an annual 5% increase feature.
- Also seeks approval to adjourn the meeting if needed to secure sufficient votes on the proposals.
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