E-Power Inc. (the "Company" or "E-Power") (NASDAQ:EPOW), a provider of AI Data Center (AIDC) microgrid solutions and advanced battery materials, today announced that it has entered into a securities purchase agreement with a certain non-U.S. investor to purchase approximately $1.87 million of its Class A ordinary shares (the "Ordinary Shares") (and pre-funded warrants in lieu thereof) in a registered direct offering.

Pursuant to the securities purchase agreement, the Company agreed to issue and sell 229,097 Ordinary Shares, par value $0.0025 per share, at a purchase price of $3.60 per share, and pre-funded warrants to purchase up to 292,393 Ordinary Shares at a purchase price of $3.59 per pre-funded warrant. The pre-funded warrants are exercisable immediately upon issuance at a nominal exercise price of $0.01 per Ordinary Share and will expire when exercised in full.