Flux Power closes $5M private placement of pre-funded warrants and common warrants

Flux Power Holdings, Inc.

Gross proceeds of $5.0M from sale of 258,144 Prefunded Warrants and 1,214,769 Common Warrants.
Debt conversion: Cleveland Capital's $1M outstanding note paid in full with securities issued.
Series A Preferred Stock convertible at $2.058 per share; Common Warrants exercisable at $1.715.
Cleveland credit facility terminated upon closing; Loan Agreement maturity extended to July 2027.
CEO says offering extends cash runway and bolsters financial position for strategic initiatives.

item 1.01 item 1.02 item 3.02 item 7.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.