RANCHO CUCAMONGA, Calif., Oct. 22, 2026 (GLOBE NEWSWIRE) — iPowe I c. (Nasdaq: IPW) (“iPowe ” o the “Compa y”), a tech ology- a d data-d ive supply chai a d i f ast uctu e p ovide fo o li e etaile s a d b a ds, today a ou ced that it will effect a 1-fo -12 eve se stock split of its issued a d outsta di g commo stock.
The eve se stock split will become effective at 12:01 a.m. Easte Time o Octobe 26, 2026, a d the Compa y’s commo stock will begi t adi g o a split-adjusted basis o The Nasdaq Capital Ma ket at the ma ket ope o Octobe 26, 2026 u de the existi g ticke symbol “IPW.”
The ew CUSIP umbe fo the Compa y’s commo stock followi g the eve se stock split will be 46265P503.
As a esult of the eve se stock split, eve y 12 sha es of the Compa y’s issued a d outsta di g commo stock will automatically be combi ed i to o e issued a d outsta di g sha e of commo stock. No f actio al sha es will be issued i co ectio with the eve se stock split, a d stockholde s who would othe wise be e titled to eceive a f actio al sha e will eceive cash i lieu the eof. P io to the eve se split, the e we e a total of 6,394,999 sha es of commo stock outsta di g. Followi g the eve se split, the e will be a total of app oximately 532,917 sha es of commo stock outsta di g.
The Compa y is effectuati g the eve se stock split to i c ease the pe sha e t adi g p ice of the Compa y’s commo stock to e su e the Compa y mai tai s complia ce with the mi imum bid p ice equi eme t fo co ti ued listi g o The Nasdaq Capital Ma ket.
The eve se stock split was app oved by the Compa y’s boa d of di ecto s a d stockholde s.
VStock T a sfe , LLC is acti g as the excha ge age t a d t a sfe age t fo the eve se stock split. Registe ed stockholde s holdi g p e-split sha es elect o ically i book-e t y fo m a e ot equi ed to take a y actio to eceive post-split sha es. Stockholde s ow i g sha es th ough a ba k, b oke , custodia o othe omi ee will have thei positio s automatically adjusted to eflect the eve se stock split, subject to such b oke ’s pa ticula p ocesses.
iPowe I c. (Nasdaq: IPW) is a tech ology- a d data-d ive compa y executi g a focused st ategy at the i te sectio of AI i f ast uctu e a d eal-wo ld comme ce. Buildi g o its established e-comme ce ope atio s, tech ology platfo m a d capital ma kets expe ie ce, the Compa y is expa di g i to AI i f ast uctu e i vestme ts a d elated fi a ci g ecosystems. Th ough ta geted i vestme ts i digital assets, i f ast uctu e fi a ci g p otocols a d othe AI- elated oppo tu ities, iPowe seeks to pa ticipate i the g owth of the compute, data ce te a d i f ast uctu e laye s that suppo t a tificial i tellige ce. Leve agi g its ope ati g expe ie ce, ecosystem elatio ships a d capital ma kets access, iPowe is buildi g a scalable busi ess desig ed to ge e ate du able lo g-te m value.
Fo mo e i fo matio , please visit www.meetipowe .com.
All stateme ts othe tha stateme ts of histo ical fact i this p ess elease a e fo wa d-looki g stateme ts. Such stateme ts i volve k ow a d u k ow isks a d u ce tai ties a d a e based o cu e t expectatio s a d p ojectio s. Actual esults may diffe mate ially f om those set fo th he ei . iPowe u de takes o obligatio to update fo wa d-looki g stateme ts except as equi ed by law. I vesto s a e e cou aged to eview iPowe ’s fili gs with the Secu ities a d Excha ge Commissio , i cludi g its A ual Repo t o Fo m 10-K, Qua te ly Repo ts o Fo m 10-Q, a d Cu e t Repo ts o Fo m 8-K.
