Exhibit 107
Calculation of Filing Fee Table
Form S-8
(Form Type)
Ideal Power Inc.
(Exact Name of Registrant as Specified in its Charter)
Security |
Security Class Title |
Fee Calculation |
Amount |
Proposed Offering |
Maximum Offering |
Fee Rate |
Amount of Fee |
||||||||||||||
Equity |
Common Stock, $0.001 par value |
Rule 457(c) and Rule 457(h) |
400,000 |
$ |
8.195 |
$ |
3,278,000 |
0.00014760 |
$ |
483.84 |
|||||||||||
Total Offering Amounts |
$ |
3,278,000 |
$ |
483.84 |
|||||||||||||||||
Total Fee Offsets |
$ |
0 |
|||||||||||||||||||
Net Fee Due |
$ |
483.84 |
(1) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement also covers any additional shares of the registrant’s common stock that may become issuable under the Ideal Power Inc. Amended & Restated 2013 Equity Incentive Plan as a result of any future stock splits, stock dividends or similar adjustments of the registrant’s outstanding common stock.
(2) Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and Rule 457(h) under the Securities Act. The proposed maximum offering price per share is estimated based on the average of the high ($8.89) and low ($7.50) sales prices for the registrant’s common stock as reported by the Nasdaq Capital Market on March 26, 2024.