Brief: iPower Inc Says Settlement Agreement Was Entered Into For Purposes Of Settling In Full The FINRA Arbitration

Ipower

09/04/2024 22:21

April 9 (Reuters) - iPower Inc  IPW.O :
    * IPOWER INC - SETTLEMENT AGREEMENT WAS ENTERED INTO FOR
PURPOSES
OF SETTLING IN FULL THE FINRA ARBITRATION
    * IPOWER INC - EFFECTIVE APRIL 3, CO, UNDERWRITER OF OUR IPO
ENTERED SETTLEMENT AGREEMENT & MUTUAL RELEASE WITH BOUSTEAD
SECURITIES, LLC
    * IPOWER INC - PURSUANT TO AGREEMENT ALL PARTIES AGREED TO
RELEASE
ALL CLAIMS IN EXCHANGE FOR CO'S PAYMENT OF $1.3 MILLION

Source text for Eikon: [ID:https://bitly.ws/3hKPm]
Further company coverage:  IPW.O 

 ((Reuters.Briefs@thomsonreuters.com;))