iPower Actively Pursuing Alternative Funding Solutions to Enhance Capital Flexibility (Form 8-K)

iPower Actively Pursuing Alternative Funding Solutions to Enhance Capital Flexibility

RANCHO CUCAMONGA, CA, October 22, 2025 -- iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company"), a data and technology driven e-commerce retailer and infrastructure company, today announced that it is actively looking for alternative funding solutions as part of its ongoing efforts to strengthen its capital structure and enhance liquidity amid evolving financial conditions.

The Company is exploring options to replace its current bank-backed asset-based lending ("ABL") facility with a non-bank financing solution that offers greater flexibility and alignment with its current operating profile and long-term growth objectives. iPower believes that a more adaptable funding structure will provide improved access to working capital and better support the Company's strategic initiatives under the present credit environment.

"Optimizing our capital structure remains a top priority," said Lawrence Tan, CEO of iPower. "By diversifying our financing sources and transitioning away from a traditional bank-backed ABL facility, we expect to enhance financial flexibility and position iPower to execute on our growth plans more effectively while maintaining prudent balance-sheet management."

About iPower Inc.

iPower Inc. (Nasdaq: IPW) is a technology- and data-driven online retailer and a provider of value-added e-commerce services for third-party products and brands. iPower operates a nationwide fulfillment network and is expanding infrastructure across software, logistics, and manufacturing, with an aim to also pursue initiatives in digital assets and blockchain integration. For more information, please visit www.meetipower.com.