regulatory
confidence high
sentiment negative
materiality 0.60
Flux Power receives Nasdaq delisting notice for late FY2024 10-K filing; 60 days to submit compliance plan
Flux Power Holdings, Inc.
- On October 16, 2024, Nasdaq notified Flux Power it failed to file Form 10-K for year ended June 30, 2024 (Rule 5250(c)(1)).
- Company has 60 calendar days (by Dec 16, 2024) to submit a plan to regain compliance; Nasdaq may grant up to 180 additional days.
- No immediate effect on listing of FLUX common stock; company working to file the 10-K promptly.
- If plan is rejected, Flux Power may appeal to a Nasdaq Hearings Panel.