Orin Hirschman and AIGH Capital Management Report 9.8% Stake in Ideal Power Inc. (IPWR)

On April 27, 2026, Orin Hirschman and AIGH Capital Management LLC filed a Schedule 13G/A (Amendment No. 4) regarding their holdings in Ideal Power Inc. (IPWR). The filing discloses that the reporting persons collectively beneficially own 1,181,696 shares of common stock, representing a 9.8% ownership stake in the company. This position includes shares held through AIGH Investment Partners, L.P., WVP Emerging Manager Onshore Fund, LLC - AIGH Series, and AIGH Investment Partners, L.L.C. The reporting persons indicated sole voting and dispositive power over all 1,181,696 shares. Notably, the filing excludes 133,333 common shares issuable upon the exercise of warrants that are currently restricted by beneficial ownership limitations. The filing serves as a routine update of ownership for these institutional investors, affirming that the securities were acquired in the ordinary course of business without the intent to influence or change control of the issuer.