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iPower Issues $2M Promissory Notes to Improve Finances

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iPower Issues $2M Promissory Notes to Improve Finances

TipRanks Cyber Monday Sale

IPOWER ( (IPW) ) has provided an announcement.

On November 24, 2025, iPower Inc. issued promissory notes totaling $2 million with a 6.5% annual interest rate, involving investors and related parties, including an entity controlled by CEO Chenlong Tan. The proceeds were used to pay off existing loans with JPMorgan Chase Bank, improving the company’s financial position and potentially impacting its future financing arrangements.

Spark’s Take on IPW Stock

According to Spark, TipRanks’ AI Analyst, IPW is a Neutral.

IPOWER’s overall stock score of 53 reflects its mixed financial performance, with significant profitability and cash flow challenges offset by recent positive earnings call outcomes. The technical analysis suggests a neutral trend, while the valuation metrics indicate potential overvaluation concerns. The company’s efforts to improve revenue and profitability, as highlighted in the earnings call, provide some optimism for future performance.

To see Spark’s full report on IPW stock, click here.

More about IPOWER

iPower Inc. is a Nevada-based company involved in financial transactions, focusing on promissory notes and credit agreements.

Average Trading Volume: 47,694

Technical Sentiment Signal: Strong Sell

Current Market Cap: $11.05M

Learn more about IPW stock on TipRanks’ Stock Analysis page.

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