RANCHO CUCAMONGA, California, April  29, 2026  (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) (&#34;iPower&#34; or the &#34;Company&#34;), a technology- and data-driven supply chain and infrastructure provider for online retailers and

iPower Highlights Strengthened Balance Sheet Position and Increased Strategic Flexibility

iPower Reports Improved Financial Position and Strategic Growth Opportunities

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  <section data-block="information">
    <h3>Information</h3>
    <p>RANCHO CUCAMONGA, California, April  29, 2026  (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) (&amp;#34;iPower&amp;#34; or the &amp;#34;Company&amp;#34;), a technology- and data-driven supply chain and infrastructure provider for online retailers and</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>iPower Inc. updated its investors on its balance sheet, holding $4.05 million in assets against $3.69 million in outstanding liabilities. This enhanced financial flexibility may enable the company to pursue strategic initiatives aimed at long-term growth and operational efficiency.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>iPower&#039;s balance sheet shows $4.05 million value in cash and crypto assets.</li><li>Current liabilities to institutional investors stand at approximately $3.69 million.</li><li>Management emphasizes financial flexibility and improved operational efficiency.</li><li>The company is exploring strategic opportunities for future growth.</li><li>iPower focuses on disciplined capital allocation and strengthening its foundation.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>iPower Inc. (IPW)</strong>: The company is focusing on enhancing its strategic growth following improved financial metrics.</li></ul>
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    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it highlights iPower&#039;s financial health and strategic planning, crucial for investor evaluation of future growth and stability.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Strengthened balance sheet could ignite investor confidence in IPW.</li><li>Positive market conditions for crypto assets may boost iPower&#039;s collateral value.</li><li>Strategic expansion initiatives could lead to increased revenue potential.</li><li>Investor sentiment could improve with operational efficiency gains.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>IPW&#039;s cash balance is approximately $2.2 million.</li><li>The company holds 15.1 Bitcoin and 301.1 Ethereum.</li><li>Total asset value is around $4.05 million as of April 28, 2026.</li><li>Outstanding note balance to investors is approximately $3.69 million.</li><li>Management is focused on disciplined capital allocation and operational efficiency.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish outlook for IPW; potential growth catalysts may elevate stock price within 6-12 months.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">RANCHO CUCAMONGA, California, April  29, 2026  (GLOBE NEWSWIRE) -- <strong>iPower Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/IPW">IPW</a>)</strong> ("iPower" or the "Company"), a technology- and data-driven supply chain and infrastructure provider for online retailers and brands, today provided an update on its balance sheet position and financial flexibility.</p>  <p align="justify">As of April 28, 2026, the Company's collateral account includes approximately $2.2 million of U.S. dollar cash, 15.1 Bitcoin and 301.1 Ethereum. Based on current reference market prices, the aggregate reference market value of the cash and marketable digital assets held in the collateral account is approximately $4.05 million, compared with an approximately $3.69 million remaining note balance outstanding to the Company's institutional investor.</p>  <p align="justify">The Company believes this position enhances its financial flexibility and provides additional optionality as it continues to execute its operating strategy, improve efficiency, and evaluate future growth opportunities.</p>  <p align="justify">"Strengthening our balance sheet remains a key priority for iPower," said Lawrence Tan, Chief Executive Officer of iPower. "Our current position provides the Company with greater flexibility as we continue to improve our operating platform, evaluate strategic opportunities and position the business for long-term shareholder value creation."</p>  <p align="justify">iPower remains focused on disciplined capital allocation, operational efficiency, and building a stronger foundation for future growth. The Company believes its improved balance sheet position may support a broader range of strategic initiatives, including operating partnerships, platform expansion, technology initiatives, supply chain optimization and other opportunities aligned with its long-term business strategy.</p>  <p align="justify">"Our focus is on building a stronger and more flexible company," continued Tan. "We believe disciplined execution, a more efficient operating structure, and improved financial flexibility can create a stronger foundation for iPower's next phase of growth."</p>  <p align="justify">The Company emphasized that it will continue to evaluate capital allocation decisions based on market conditions, liquidity needs, contractual obligations and strategic priorities. The reference market value described above is not intended to represent contractual collateral calculations, covenant compliance, payoff amounts, conversion values, premiums, fees, accrued interest, or any other contractual amounts that may apply under the Company's financing documents.</p>  <p align="justify"><strong>About iPower Inc.</strong></p>  <p align="justify">iPower Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/IPW">IPW</a>) is a technology- and data-driven supply chain and infrastructure provider for online retailers and brands, operating at the intersection of digital assets and real-world commerce. The Company delivers procurement, fulfillment, logistics and software-enabled services, and is executing a broader crypto strategy through licensed partners and compliant infrastructure. For more information, please visit <a href="https://www.globenewswire.com/Tracker?data=mF3nZqhsHBJDztX8kcRPpXplt_eHVx0-nQWfGgl2uy-26IQp2UJuLNaI7h1DEYPINRbhiDFa_MHEvZZOa8_yK5R3Ei8gaxxwe7kzf6jdpLc=" rel="nofollow" target="_blank">www.meetipower.com</a>.</p>  <p align="justify"><strong>Forward-Looking Statements</strong></p>  <p align="justify">All statements other than statements of historical fact in this press release are forward-looking statements. Forward-looking statements can be identified because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. Such statements involve known and unknown risks and uncertainties and are based on current expectations and projections. Actual results may differ materially from those set forth herein. iPower undertakes no obligation to update forward-looking statements except as required by law. Investors are encouraged to review iPower's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.</p>  <p align="justify">Media &amp; Investor Contact<br></br><a href="https://www.globenewswire.com/Tracker?data=OlD_ihXDefAHKvS6NL97tPhYy2b9SnWZ5TwB567pzpLNyB-ai8v72w-M81-b8y8slHiIp0S5ZYkfNM_O9-zbsBxbwPl7uvAYTT73zGn0a6g=" rel="nofollow" target="_blank">IPW.IR@meetipower.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcwOTM0OCM3NTcyNDE1IzIyMDg3MjI="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/N2Y2ODFhZDAtOTQ5MS00N2FjLTljMzgtMzA1NWIxMzgxOWVkLTEyMjAyNzUtMjAyNi0wNC0yOS1lbg==/tiny/IPOWER.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/12569efe-378b-4373-9e70-830792ebbae8"><img src="https://ml.globenewswire.com/media/12569efe-378b-4373-9e70-830792ebbae8/small/ipw-new-logo-jpg.jpg" border="0" width="150" height="34" alt="Primary Logo"></img></a></p>

iPower Inc. updated its investors on its balance sheet, holding $4.05 million in assets against $3.69 million in outstanding liabilities. This enhanced financial flexibility may enable the company to pursue strategic initiatives aimed at long-term growth and operational efficiency.

iPower Highlights Strengthened Balance Sheet Position and Increased Strategic Flexibility

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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