MARKETSSTORY 618· JULY 23, 2026

iPower signs non-binding GPU lease letter of intent with potential $60 million expansion

A letter of intent is a preliminary written agreement that signals negotiating intent but creates no binding obligation to close. One now connects Rancho Cucamonga-based iPower Inc. (Nasdaq: IPW) to an unnamed prospective customer for…

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SOURCE

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Pershing Square narrows its book to three names: Uber, Brookfield, and Microsoft

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