{"url_path":"/sec/ipw/8-k/2026-07-21/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-21","source_url":"https://www.sec.gov/Archives/edgar/data/1830072/0001683168-26-005670-index.html","accession_number":"0001683168-26-005670","cik":"0001830072","ticker":"IPW","issuer_name":"iPower Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1830072/0001683168-26-005670-index.html","primary_entity_key":"0001830072","primary_entity_name":"iPower Inc."},"word_count":260,"has_tables":true,"body_markdown":"**Item 1.01. Entry into a Material Definitive Agreement.**\n\n** **\n\n*Joinder to Guaranty under Securities Purchase\nAgreement*\n\n \n\nAs previously disclosed in\nour Current Report on Form 8-K filed on December 23, 2025, iPower Inc., a Nevada corporation (the “Company”), entered into\na Securities Purchase Agreement dated December 22, 2025 (the “Purchase Agreement”) with an institutional investor (the “Investor”)\nproviding for an up to $30,000,000 6% original issue discount senior secured convertible note facility, with an initial closing of $5,184,024\nprincipal amount of series A senior secured convertible notes (the “Series A Notes”).\n\n \n\nPursuant to the Securities\nPurchase Agreement and the Series A Notes, certain subsidiaries of the Company are required to enter into a guaranty in favor of the Investor.\nOne such subsidiary, iPower Smart LLC, entered into a guaranty in favor of the Investor dated December 23, 2025 (the “Guaranty”).\nIn connection with the Company’s recent formation of iPower AI LLC, an artificial intelligence-focused subsidiary (as more particularly\ndescribed in Item 8.01 below), the Company has joined iPower AI LLC to the Guaranty pursuant to a Joinder to Guaranty dated July 21, 2026.\n\n \n\nThe foregoing summary of the\nSecurities Purchase Agreement, Guaranty, and Joinder to Guaranty contained in this Item 1.01 do not purport to be complete and are qualified\nin their entirety by reference to each such agreement, the forms of which are filed as Exhibits 10.1 and 10.3 to the Company’s Current\nReport on Form 8-K filed on December 23, 2025, and as Exhibit 10.1 to this Current Report on Form 8-K, respectively, and are incorporated\nherein by reference."}