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Week of Expected Pricing 5/13/2021
Company Name IPOWER INC
Proposed Ticker IPW
CUSIP 46265P107
Business Description The largest online hydroponic equipment suppliers in the United States. We own and operate the retail website www.zenhydro.com where we sell more than 23,000 stock keeping units (“SKUs”) and multiple best-selling products which enable our customers to grow vegetables, fruits and flowers, and other plants, including cannabis. In addition to our website, iPower sells its products through third party distribution channels including Amazon, eBay and Walmart.
Lead Underwriter D.A. Davidson and Co, Roth Capital Partners, Inc, US Tiger Securities, Inc.
Co-Managers N/A
Initial Shares 50,00,000
Revised Initial Shares 33,60,000
Initial Price $9.00-$11.00
Revised Price $7.00-$9.00
Final Price $5.00
Final Ticker IPW

 

 

   
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