{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-004610","form_type":"8-K","ticker":"FLUX","cik":"0001083743","company_name":"Flux Power Holdings, Inc.","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.319293+00:00","generated_at":"2026-06-06T10:35:23.422848+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Flux Power amends credit agreement with GBC, ups revolver to $16M","bullets":["Revolver commitment increased from $15M to $16M via Amendment No. 2, effective Jan 30, 2024.","Gibraltar Business Capital receives a $7,500 second amendment closing fee and a $10,000 amendment fee.","Eligible Accounts definition updated; concentration caps raised for 6 named debtors including PepsiCo and Crown Equipment.","EBITDA minimum covenant reset for each trailing three-month period through June 2025, starting at ($1.607M) in Jan 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-004610","json":"https://secwatch.observer/filing/0001493152-24-004610.json","markdown":"https://secwatch.observer/filing/0001493152-24-004610.md","text":"https://secwatch.observer/filing/0001493152-24-004610.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083743/000149315224004610/0001493152-24-004610-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083743/000149315224004610/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T10:35:23.422848+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4697b919c94f7eb5fe5d911af23ce5057b5a405c","claim":"Flux Power Holdings, Inc. amended credit facility of from $15 million to $16 million with Gibraltar Business Capital, LLC.","evidence_excerpt":"oan and Security Agreement (the “Second Amendment”) with Gibraltar Business Capital, LLC (“GBC”), which amended certain terms of the Loan and Security Agreement","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1083743/000149315224004610/0001493152-24-004610-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"from $15 million to $16 million"},{"label":"Counterparty","value":"Gibraltar Business Capital, LLC"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"131afaf59d30a660f92aaa9bdd4c8f47c32a824c","claim":"Flux Power Holdings, Inc. amended Amendment No. 2 to Loan and Security Agreement with Gibraltar Business Capital, LLC (effective 2024-01-30).","evidence_excerpt":"On January 30, 2024, Flux Power Holdings, Inc. (the “Registrant”), Flux Power, Inc., a wholly-owned subsidiary of the Registrant (“Flux” and together with the Registrant, the “Company”), entered into a certain Amendment No. 2 to Loan and Security Agreement (the “Second Amendment”) with Gibraltar Business Capital, LLC (“GBC”), which amended certain terms of the Loan and Security Agreement dated July 28, 2023","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1083743/000149315224004610/0001493152-24-004610-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Gibraltar Business Capital, LLC"},{"label":"Effective","value":"2024-01-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}