secwatch.observer — SEC 8-K summary
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Issuer:     Flux Power Holdings, Inc. (FLUX)
CIK:        0001083743
Form:       8-K
Filed at:   2026-04-03T23:59:59+00:00
Accession:  0001493152-26-015053
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Flux Power Holdings reports EBITDA covenant breach under loan agreement; $6.5M outstanding
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- Failed to meet minimum EBITDA covenant for trailing three months ended March 31, 2026 under Loan Agreement with Gibraltar Business Capital (GBC).
- Event of Default triggered; outstanding balance was approximately $6.5 million as of March 31, 2026.
- Negotiating amendment or waiver with GBC; line-of-credit access continues but GBC may limit it at any time.
- No assurance of favorable amendment; GBC could accelerate all obligations and demand immediate payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083743/000149315226015053/0001493152-26-015053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083743/000149315226015053/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-015053

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