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iPower announces 1-for-12 reverse stock split to boost share price and maintain Nasdaq listing

Company Fundamentals
22 Oct 2026
Na
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Neutral
iPower announces 1-for-12 reverse stock split to boost share price and maintain Nasdaq listing

iPower Inc. declared a 1-for-12 reverse stock split effective October 26, 2026, combining every 12 shares into one to increase the stock price. This move aims to keep iPower's shares compliant with Nasdaq's minimum bid price requirements. Post-split, the total shares outstanding will reduce from about 6.4 million to approximately 533,000. The reverse split was approved by the board and shareholders, with no action required from registered stockholders holding shares electronically.

iPower Inc.'s announcement of a 1-for-12 reverse stock split provides context for readers. For those following Technology-sector stocks, here is Pluang's market snapshot as of Oct 22, 2026 22:02 WIB: Among 150 priced US tech stocks, 67 rose and 83 fell. Notably, AXTI traded at USD 53.31 with a 10.07% decline and a typical hold time of 17 days, contrasting with NOK at USD 8.34 down 9.99% and held for 66 days, while IREN stood at USD 25.17, down 9.59% but with 100% buy order activity and a 29-day hold time.

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