---
title: "iPower Adds New AI Subsidiary as Guarantor Under $30 Million Convertible Note Facility"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293357609.md"
description: "iPower Inc. added its new subsidiary, iPower AI, as a guarantor under its existing $30 million senior secured convertible note facility via a Joinder to Guaranty dated July 21, 2026. This agreement extends investor security to the subsidiary, supporting the company's financing structure following recent organizational changes."
datetime: "2026-07-21T14:33:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293357609.md)
  - [en](https://longbridge.com/en/news/293357609.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293357609.md)
---

# iPower Adds New AI Subsidiary as Guarantor Under $30 Million Convertible Note Facility

iPower executed a Joinder to Guaranty to add newly formed iPower AI as a guarantor under its existing senior secured convertible note facility. The facility, established via a December 22, 2025 Securities Purchase Agreement, provides for up to $30 million with a 6% original issue discount, including an initial $5,184,024 principal issuance of Series A notes. The joinder, dated July 21, 2026, extends the investor's security to the new subsidiary and supports the company's financing structure following its organizational changes.

**Agreement details:**

-   **Agreement type**: Joinder to subsidiary guaranty under senior secured convertible note facility
-   **Counterparty**: Institutional investor
-   **Signed / Effective**: Jul 21 2026 / same
-   **Duration / Termination**: At will
-   **Reason**: Add new subsidiary guarantor to secure existing note facility

Original SEC Filing: iPower Inc. \[ IPW \] - 8-K - Jul. 21, 2026

**Disclaimer**

This 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.

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