• iPower signed a non-binding LOI for a proposed 36-month lease of dedicated high-performance GPU systems with an expected acquisition value of USD 6 million.
• Deal structure calls for iPower to own the hardware, then lease it for exclusive customer use at a mutually agreed data center.
• LOI contemplates potential expansion to about USD 60 million in aggregate contract value, subject to a successful initial deployment.
• Final equipment specifications, pricing, payment terms, credit support, deployment terms, operating costs remain under negotiation.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-005727), on July 23, 2026, and is solely responsible for the information contained therein.