iPower Inc. (NASDAQ: IPW) has filed an 8-K report detailing an amendment to its existing Promissory Note with ETTS AI Investment LLC. The amendment, dated March 26, 2026, modifies the definition of 'Change of Control' within the Promissory Note. This change includes significant alterations in the company's executive management, business model, or supply chain that could impact its operational capabilities. The original agreement, which involved the sale of equity interest in Global Product Marketing, Inc. for a $2.3 million promissory note, remains intact except for the newly defined terms. The amendment aims to provide clearer guidelines on what constitutes a change in control, potentially safeguarding the interests of both parties involved. This development is seen as a precautionary measure to ensure stability in the company's governance and operational strategy amidst evolving market conditions.

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