iPower Secures $2M Investment From Unnamed Institutional Investor
Benzinga Newsdesk 3 months ago
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iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company") today announced it has secured a $2.0 million convertible note investment from an institutional investor, providing the Company with additional
iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company") today announced it has secured a $2.0 million convertible note investment from an institutional investor, providing the Company with additional capital to advance its strategic growth initiatives. The unrestricted financing gives iPower full discretion to deploy capital toward high-priority opportunities, including artificial intelligence, supply chain infrastructure, and other value-driving corporate initiatives.