iPower Inc. announcing its expansion into the European market with the completion of its first order delivery to Amazon for consumers in the UK and Germany. In December 2021, iPower delivered several of its own branded products for customer(s) in the UK and Germany, including trimming devices, air filters, grow bags, tents and other accessories. This delivery marks iPower's official entrance into the European hydroponic market, which is in the early stages of development and presents a long-term growth opportunity for iPower.

The initial sale of hydroponic equipment for Europe was recognized during the Company's fiscal second quarter ended December 31, 2021.