iPower Inc, an online hydroponic equipment supplier, has filed Form S-1 Registration Statement on February 1, 2021 with the U.S. Securities and Exchange Commission to raise up to $20 million IPO. Pricing terms are yet to announce.
The company offers essential supplies to the hydroponic and gardening industry, including nutrients, industry-leading hydroponic equipment, power-efficient lighting, and thousands of additional products used by professional growers and specialty cultivation operations.
The Duarte, California-based company was founded in 2010 and booked $48 million in sales for the 12 months ended September 30, 2020. It plans to list on the Nasdaq Capital Market under the symbol “IPW.” Boustead Securities, LLC is the underwriter of the IPO.
The company engages Michelman & Robinson, LLP as US Securities Counsel, and UHY LLP as Independent Auditor.
#Nasdaq #iPower #hydroponic #equipment #IPW
Hexcellence Consulting has experienced IPO consulting team focus on listing in US Stock Market,
namely NYSE, Nasdaq and OTC Markets.
Should you interested to list your company in US Stock Market,
please contact us at [email protected].