iPower Inc. has completed the sale of its subsidiary, Global Product Marketing Inc., as part of a strategic restructuring aimed at streamlining operations and strengthening its core supply chain and fulfillment platform. Through this transaction, iPower has eliminated a major cost center, significantly reducing operating expenses and increasing its asset base by approximately $2.3 million. The company will maintain its e-commerce capabilities and preserve future supply chain revenue opportunities through ongoing commercial arrangements, without bearing the previously associated operating costs. This move is intended to improve operating efficiency, enhance strategic flexibility, and support future growth initiatives, including digital asset strategies, while maintaining a disciplined approach to capital allocation and risk management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iPower Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9646846) on February 02, 2026, and is solely responsible for the information contained therein.