Item 8.01. other events.

As previously reported in a Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on August 21, 2019, Ideal Power Inc. (the "Company") was notified by the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") that the Company was not in compliance with the minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1) for continued listing on The Nasdaq Capital Market because the Company's stockholders' equity was below the required minimum of $2.5 million, and, as of the date of the notification, the Company did not meet the alternatives of market value of listed securities or net income from continuing operations.

On November 25, 2019, the Company received written confirmation from Nasdaq notifying the Company that the Company has regained compliance with the minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1) based on the Company's Form 8-K filed with the SEC on November 13, 2019.

Nasdaq will continue to monitor the Company's compliance with the minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1) in the Company's periodic report for the fiscal year ending December 31, 2019. If the Company does not evidence compliance in its periodic report for the fiscal year ending December 31, 2019, the Company may be subject to delisting.

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