{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-043365","form_type":"8-K","ticker":"FLUX","cik":"0001083743","company_name":"Flux Power Holdings, Inc.","filed_at":"2026-09-18T20:33:42+00:00","discovered_at":"2026-09-18T20:34:34.419555+00:00","generated_at":"2026-09-18T20:34:39.752112+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Flux Power remains in default; Amendment to loan requires $4M equity raise in 50 days","bullets":["Company remains in default under Gibraltar Business Capital loan; amendment adds new covenants.","Must complete equity raise of at least $4.0M net proceeds within 50 days of Sept 17, 2026, or immediate default.","Must deliver 13-week budget within 15 days, updated budget within 30 days, and weekly compliance reports.","Amendment fee of $135,000 payable in three $45,000 installments due Sept 17, Oct 17, Nov 16 2026.","Parties to amend EBITDA minimum covenant within 90 days; lender retains rights to demand full payment."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-043365","json":"https://secwatch.observer/filing/0001493152-26-043365.json","markdown":"https://secwatch.observer/filing/0001493152-26-043365.md","text":"https://secwatch.observer/filing/0001493152-26-043365.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083743/000149315226043365/0001493152-26-043365-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083743/000149315226043365/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-18T20:34:39.752112+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}