secwatch.observer — SEC 8-K summary
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Issuer:     Flux Power Holdings, Inc. (FLUX)
CIK:        0001083743
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0001641172-25-020331
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flux Power agrees to sell up to $5M in Prefunded Warrants, initial $2.9M
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- Initial $2.9M from accredited investors via Prefunded Warrants at $19.369 each; total offering up to $5M.
- Each Prefunded Warrant converts into Series A Convertible Preferred Stock at $0.001; also get 5-year Common Warrants for 50% of shares on conversion.
- Series A Preferred carries 8% cumulative cash dividends, conversion at 120% of 20-day VWAP, and weighted-average anti-dilution.
- Closing requires shareholder approval to increase authorized preferred to 3M shares and create Blank Check Preferred and Series A terms.
- Proceeds for general corporate purposes and growth capital; securities exempt under Section 4(a)(2) and Rule 506(b).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083743/000164117225020331/0001641172-25-020331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083743/000164117225020331/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-020331

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