Ideal Power Raises $30 Million in Registered Offering; Taps Titan as Placement Agent

Ideal Power completed a registered offering of common stock and pre-funded warrants, raising approximately $30.0 million. The company entered into a Securities Purchase Agreement with investors on May 14, 2026, issuing 3,220,961 shares and pre-funded warrants to purchase up to 2,070,044 shares at a $0.001 exercise price; the offering closed on May 18, 2026. Ideal Power engaged Titan Partners Group, a division of American Capital Partners, as placement agent, agreeing to a 7.0% fee on gross proceeds plus $75,000 in expenses. To support market stability, the company and its directors and officers agreed to 45-day lock-up restrictions, subject to customary exceptions.Agreement 1: Ideal Power Raises $30 Million in Registered Offering of Stock and Pre-Funded WarrantsAgreement type: Securities purchase agreement for registered offering of common stock and pre-funded warrantsCounterparty: InvestorsSigned / Effective: May 14 2026 / sameDuration / Termination: One-time transactionReason: Raise capital for growth and operationsAgreement 2: Ideal Power Engages Titan Partners Group as Placement Agent for Equity OfferingAgreement type: Placement agency engagement for equity offeringCounterparty: Titan Partners Group, a division of American Capital PartnersSigned / Effective: May 14 2026 / sameDuration / Termination: Transaction-specificReason: Facilitate capital raise and distribution to investorsAgreement 3: Ideal Power Implements 45-Day Lock-Up Agreements With Directors and OfficersAgreement type: Lock-up agreements related to equity offeringCounterparty: Company directors and executive officersSigned / Effective: May 18 2026 / May 18 2026Duration / Termination: 45 daysReason: Support trading stability after capital raiseOriginal SEC Filing: Ideal Power Inc. [ IPWR ] - 8-K - May. 18, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.