iPower Inc. Changes Independent Auditors Amidst Financial Reporting Concerns

Reuters
01 Jul
<a href="https://laohu8.com/S/IPW">iPower Inc.</a> Changes Independent Auditors Amidst Financial Reporting Concerns

**iPower Inc. Announces Change in Certifying Accountants** On June 24, 2025, iPower Inc., a Nevada-based corporation, announced a change in its independent registered public accounting firm. The company's audit committee approved the dismissal of UHY LLP, which had served as iPower's certifying accountant for the fiscal years ending June 30, 2024, and June 30, 2023. UHY LLP's audit reports for these years were unqualified and did not contain adverse opinions or disclaimers. Concurrently, iPower appointed HTL International, LLC as its new independent registered public accounting firm for the fiscal year ending June 30, 2025. The company had not consulted HTL International, LLC regarding any accounting principles or potential audit opinions prior to this appointment. iPower's decision follows the identification of material weaknesses in its financial statement closing process and communication procedures within its controlled subsidiaries, as disclosed in its recent Form 10-K. The company has ensured that UHY LLP received a copy of the Form 8-K disclosures and requested a letter addressed to the SEC confirming the firm's agreement with the statements made.

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