secwatch.observer — SEC 8-K summary
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Issuer:     Flux Power Holdings, Inc. (FLUX)
CIK:        0001083743
Form:       8-K
Filed at:   2025-09-05T23:59:59+00:00
Accession:  0001641172-25-026709
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flux Power amends loan with GBC: EBITDA minimums lowered, maturity extended to Sept 15, 2025
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- Modified EBITDA covenant: trailing 3-month minimums range from ($3,015,000) for Aug '25 to $64,000 by Jan '26.
- Maturity extended from Aug 31, 2025 to Sept 15, 2025; can auto-extend to July 31, 2027 if subordinated debt conditions met.
- Lender acknowledges no default for missing prior maturity or prior EBITDA covenant failures.
- EBITDA covenant projects negative EBITDA through Dec 2025, turning positive in Jan 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083743/000164117225026709/0001641172-25-026709-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083743/000164117225026709/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-026709

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