Source-grounded facts extracted from Flux Power Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Flux Power Holdings, Inc. entered into Purchase Agreement with Roth Principal Investments, LLC valued at up to $40,000,000 (effective 2026-05-15).
“On May 15, 2026, Flux Power Holdings, Inc., a Nevada corporation (the “Company”) entered into a common stock purchase agreement (the “Purchase Agreement”) and a related registration rights agreement, dated as of May 15, 2026 (the “Registration Rights Agreement”), with Roth Principal Investments, LLC (“Roth Principal Investments”).”
Flux Power Holdings, Inc. reported the 2026 fiscal third quarter ended March 31, 2026 results: revenue $6.6 million, net income $3.2 million, EPS ($0.15) per share.
“reported financial and operational results for the 2026 fiscal third quarter ended March 31, 2026. Third Quarter and Recent Business Highlights ● Third quarter revenue was $6.6 million ● Implemented additional cost reduction actions, resulting in quarterly operating expenses decreasing 30% year-over-year ● Won Innovation in Sustainability Award at MODEX 2026”
Flux Power Holdings, Inc. issued 1,214,769 Common Warrants of warrant to accredited investors for purchase price of $19.369 per Prefunded Warrant for gross proceeds of approximately $5.0 million; paid in cash or cancellation of certain existing debt.
“Amended and Restated Securities Purchase Agreement On September 15, 2025, the Company entered into an amended and restated securities purchase agreement (the “Amended and Restated Purchase Agreement”) with certain of the Initial Purchasers and certain additional investors (collectively, the “Purchasers”) pursuant to which, among other things, the Purchasers agreed to subscribe for and purchase, and the Company agreed to issue and sell to the Purchasers, an aggregate of 258,144 Prefunded Warrants and 1,214,769 Common Warrants at the Purchase Price for gross proceeds of approximately $5.0 million (the “Private Placement”).”
Flux Power Holdings, Inc. issued 258,144 Prefunded Warrants of preferred stock to accredited investors for purchase price of $19.369 per Prefunded Warrant for gross proceeds of approximately $5.0 million; paid in cash or cancellation of certain existing debt.
“Amended and Restated Securities Purchase Agreement On September 15, 2025, the Company entered into an amended and restated securities purchase agreement (the “Amended and Restated Purchase Agreement”) with certain of the Initial Purchasers and certain additional investors (collectively, the “Purchasers”) pursuant to which, among other things, the Purchasers agreed to subscribe for and purchase, and the Company agreed to issue and sell to the Purchasers, an aggregate of 258,144 Prefunded Warrants and 1,214,769 Common Warrants at the Purchase Price for gross proceeds of approximately $5.0 million (the “Private Placement”).”
Flux Power Holdings, Inc.: Filed Second Amended and Restated Articles of Incorporation to increase authorized preferred shares from 500,000 to 3,000,000, grant Board authority to fix preferred stock rights, and designate 1,000,000 shares as Series A Convertible Preferred Stock (effective 2025-09-10).
“the Company filed a Second Amended and Restated Articles of Incorporation (the “Restated Articles”) with the Secretary of State of the State of Nevada (“Nevada Secretary of State”) to among other things, (i) increase the aggregate number of authorized shares of preferred stock from 500,000 to 3,000,000, $0.001 par value per share (“Preferred Stock”), (ii) grant the Board authority to fix the rights and preferences of the preferred stock by resolution from time to time, and (iii) designate 1,000,000 shares of Preferred Stock as “Series A Convertible Preferred Stock”, $0.001 par value per share (the “Series A Preferred Stock”)”
Flux Power Holdings, Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).
“July 31, 2025, the Company received a determination letter from the Staff notifying the Company that based on the Company’s most recent disclosure, the Company’s stockholders’ equity was ($4,372,000) as of March 31, 2025 and that the Staff had determined that the Company had not regained compliance with the Stockholders’ Equity Requirement. The Staff has informed the company that trading of the Company’s common stock will be suspended at the opening of business on August 11, 2025, unless the Company requests an appeal of the Staff’s determination to a Nasdaq Hearings Panel (the “Panel”). The C”
Flux Power Holdings, Inc.: Increased authorized shares of common stock from 30,000,000 to 75,000,000 (effective 2025-05-28).
“on May 28, 2025, the Company filed a certificate of amendment (the “Amendment”) to its amended and restated articles of incorporation, as amended (the “Articles of Incorporation”) with the Secretary of State of the State of Nevada to increase the number of authorized shares of common stock of the Company from 30,000,000 to 75,000,000, effective upon filing.”
Ronald F. Dutt departed as Chief Executive Officer, President and Director at Flux Power Holdings, Inc..
“Mr. Dutt’s employment with the Company ended on March 31, 2025.”
Dale T. Robinette was appointed as Chairman of the Board at Flux Power Holdings, Inc..
“the Board appointed Mr. Dale T. Robinette as the new Chairman of the Board, effective March 10, 2025”
Krishna Vanka was appointed as director at Flux Power Holdings, Inc..
“the Board appointed Mr. Krishna Vanka as the director, Chief Executive Officer and President of the Company and Flux Power, effective March 10, 2025”
Krishna Vanka was appointed as Chief Executive Officer and President at Flux Power Holdings, Inc..
“the Board appointed Mr. Krishna Vanka as the director, Chief Executive Officer and President of the Company and Flux Power, effective March 10, 2025”
Ronald F. Dutt resigned as director at Flux Power Holdings, Inc..
“On March 10 2025, Mr. Ronald F. Dutt notified the board of directors (the “Board”) of Flux Power Holdings, Inc. (the “Company”) of his decision to retire and resign from his position as director, Chairman of the Board, Chief Executive Officer and President of the Company and its wholly owned subsidiary, Flux Power, Inc. (“Flux Power”), effective March 10, 2025”
Ronald F. Dutt resigned as Chairman of the Board at Flux Power Holdings, Inc..
“On March 10 2025, Mr. Ronald F. Dutt notified the board of directors (the “Board”) of Flux Power Holdings, Inc. (the “Company”) of his decision to retire and resign from his position as director, Chairman of the Board, Chief Executive Officer and President of the Company and its wholly owned subsidiary, Flux Power, Inc. (“Flux Power”), effective March 10, 2025”
Ronald F. Dutt resigned as Chief Executive Officer and President at Flux Power Holdings, Inc..
“On March 10 2025, Mr. Ronald F. Dutt notified the board of directors (the “Board”) of Flux Power Holdings, Inc. (the “Company”) of his decision to retire and resign from his position as director, Chairman of the Board, Chief Executive Officer and President of the Company and its wholly owned subsidiary, Flux Power, Inc. (“Flux Power”), effective March 10, 2025”
Flux Power Holdings, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“ecember 31, 2024 (the “December Form 10-Q”) and because the Company remains delinquent in filing its Form 10-Q for the period ended September 30, 2024 (the “September Form 10-Q” and together with the December Form 10-Q, the “Delinquent Reports”), the Company does not comply with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. The Notice states that as a result of this additional delinquency, the Company must submit an update to its original plan to reg”
Flux Power Holdings, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
“January 31, 2025, Flux Power Holdings, Inc. (the “Company”) received a notice (the “Notice”) from The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that based on its stockholders’ equity of $194,000 as reported in its Form 10-K for the fiscal year ended June 30, 2024, the Company is no longer in compliance with Nasdaq Listing Rule 5550(b)(1), which requires the Company to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing on The Nasdaq Capital Market (the “Stockholders’ Equity Requirement”). Pursuant to the Notice, the Company has 45 calendar days from th”
Flux Power Holdings, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
“January 31, 2025, Flux Power Holdings, Inc. (the “Company”) received a notice (the “Notice”) from The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that based on its stockholders’ equity of $194,000 as reporte”
Flux Power Holdings, Inc. engaged Haskell & White LLP as its auditor.
“On January 29, 2025, the Company executed an engagement letter with Haskell & White to engage Haskell & White as its independent registered public accounting firm for the year ending June 30, 2025”
Flux Power Holdings, Inc. engaged Haskell & White LLP as its auditor.
“On January 6, 2025, the Audit Committee of the Company completed its selection process and approved the appointment of Haskell & White LLP (“Haskell & White”) as the Company’s independent registered public accounting firm for the year ending June 30, 2025”
Baker Tilly US, LLP resigned as auditor of Flux Power Holdings, Inc..
“On January 6, 2025, Flux Power Holdings, Inc. (the “Company,” “we,” or “us”) was notified by Baker Tilly US, LLP (“Baker Tilly”) that it would not stand for re-election as the Company’s independent registered public accounting firm upon completion of its audit for the fiscal year ended June 30, 2024.”
Ronald Dutt departed as Chairman and Chief Executive Officer at Flux Power Holdings, Inc..
“On November 20, 2024, the Chairman and Chief Executive Officer of Flux Power Holdings, Inc. (the “Company or “Flux Power”), Ronald Dutt, notified the Company’s Board of Directors (the “Board”) that he intends to retire from his positions upon the appointment of a successor.”
Flux Power Holdings, Inc. reported fiscal third quarter ended March 31, 2024 results: revenue $14.5 million.
“30, 2023 $ 28,544,000 $ 8,102,000 $ 14,797,000 $ 21,849,000 December 31, 2023 $ 21,849,000 $ 26,552,000 $ 18,344,000 $ 30,057,000 March 31, 2024 $ 30,057,000 $ 4,030,000 $ 14,457,000 $ 19,630,000 CEO Commentary Continued “Looking ahead, we are highly focused on expanding sales and marketing initiatives to secure new customer relationships and support”
Flux Power Holdings, Inc. shareholders approved Election of Directors at the 2024-04-18 meeting.
“The individuals listed below were elected to serve as directors of the Company until the next annual meeting of stockholders or until such person resigns, is removed or otherwise leaves office: FOR WITHHELD BROKER NON-VOTE Ronald F. Dutt 7,628,727 44,241 5,792,050 Michael Johnson 7,599,595 73,373 5,792,050 Lisa Walters-Hoffert 7,503,769 169,199 5,792,050 Dale Robinette 7,471,523 201,445 5,792,050”
Mark F. Leposky was elected as Director at Flux Power Holdings, Inc..
“the Company's stockholders elected Mr. Mark F. Leposky to serve as a director of the Company until the next annual meeting of stockholders.”
Kevin S. Royal was appointed as Chief Financial Officer and Corporate Secretary at Flux Power Holdings, Inc..
“On February 22, 2024, as a result of Mr. Scheiwe’s stepping down in connection with the Transition, the Board appointed Mr. Kevin S. Royal as Chief Financial Officer and Corporate Secretary, to be effective March 4, 2024.”
Charles Scheiwe departed as Chief Financial Officer and Secretary at Flux Power Holdings, Inc..
“On February 16, 2024, the Company and Mr. Charles Scheiwe agreed to the stepping down of Mr. Scheiwe as the Company’s Chief Financial Officer and Secretary, including all positions with the Company and Flux Power, Inc., a wholly-owned subsidiary of the Company (“Flux”) and transitioning to a consultant for the Company (“the “Transition”), effective March 1, 2024 (the “Separation Date”).”
Cheemin Bo-Linn departed as Director at Flux Power Holdings, Inc..
“On February 21, 2024, Ms. Cheemin Bo-Linn notified the Board of Directors (the “Board”) of Flux Power Holdings, Inc. (the “Company”) of her decision to not stand for re-election at the Company’s next annual meeting of shareholders, scheduled to be held on April 18, 2024 (the “Annual Meeting”).”
Flux Power Holdings, Inc. reported fiscal second quarter ended December 31, 2023 results: revenue $18.3 million.
“Reports Fiscal Year 2024 Second Quarter Financial Results Operational Initiatives Result in Improvement in Gross Margins to 31% Revenue Increased 7% to Quarterly Record of $18.3 Million Adjusted EBITDA Improved to Positive $0.3M Moving Toward Cash Flow Breakeven Backlog was $29.7M as of February 1, 2024 Management to Host Conference Call Today at 4:30 p.m.”
Flux Power Holdings, Inc. amended credit facility of from $15 million to $16 million with Gibraltar Business Capital, LLC.
“oan and Security Agreement (the “Second Amendment”) with Gibraltar Business Capital, LLC (“GBC”), which amended certain terms of the Loan and Security Agreement”
Flux Power Holdings, Inc. amended Amendment No. 2 to Loan and Security Agreement with Gibraltar Business Capital, LLC (effective 2024-01-30).
“On January 30, 2024, Flux Power Holdings, Inc. (the “Registrant”), Flux Power, Inc., a wholly-owned subsidiary of the Registrant (“Flux” and together with the Registrant, the “Company”), entered into a certain Amendment No. 2 to Loan and Security Agreement (the “Second Amendment”) with Gibraltar Business Capital, LLC (“GBC”), which amended certain terms of the Loan and Security Agreement dated July 28, 2023”
Flux Power Holdings, Inc. reported fiscal first quarter ended September 30, 2023 results: revenue $14.8.
“Key Financial FY 2024 First Quarter and Subsequent Operational Highlights and Business Update ($ millions) Q1 Comparison Q1 2024 Q1 2023 $ Change YoY % Change YoY Revenue $ 14.8 $ 17.8 $ -3.0 -17 % Gross Profit $ 4.3 $ 3.9 $ 0.4 9 % Gross Margin 29 % 22 % — 32 % Adjusted EBITDA $ -1.2 $ -1.5 $ 0.3 24 % ● Expansion of Margins Leading to Profitability”
Flux Power Holdings, Inc. incurred loan of $2,000,000 with Cleveland Capital, L.P. at Secured Overnight Financing Rate plus nine percent (9%) per annum maturing August 15, 2025.
“In connection with the LOC, the Company issued a subordinated unsecured promissory note for $2,000,000 (the “Commitment Amount”) in favor of the Lender (the “Note”).”
Flux Power Holdings, Inc. incurred credit facility of up to $2,000,000 with Cleveland Capital, L.P. at Secured Overnight Financing Rate plus nine percent (9%) per annum maturing August 15, 2025.
“On November 2, 2023, Flux Power Holdings, Inc. (the “Company”) entered into a Credit Facility Agreement (the “Credit Facility”) with Cleveland Capital, L.P., a Delaware limited partnership (the “Lender”). The Credit Facility provides the Company with a line of credit of up to $2,000,000 for working capital purposes (“LOC”).”
Flux Power Holdings, Inc. terminated 2022 LOC with Cleveland, Herndon Plant Oakley, Ltd., and other lenders valued at up to $4 million in commitment amount (effective 2023-11-02).
“On November 2, 2023, the Credit Facility Agreement dated May 11, 2022 (the “Subordinated LOC”) with Cleveland, Herndon Plant Oakley, Ltd., and other lenders (collectively, the “Lenders”) for a line of credit for up to $4 million in commitment amount (the “2022 LOC”) was terminated.”
Flux Power Holdings, Inc. entered into Credit Facility with Cleveland Capital, L.P. valued at $2,000,000 (effective 2023-11-02).
“On November 2, 2023, Flux Power Holdings, Inc. (the “Company”) entered into a Credit Facility Agreement (the “Credit Facility”) with Cleveland Capital, L.P., a Delaware limited partnership (the “Lender”).”
Flux Power Holdings, Inc. reported fiscal full year ended June 30, 2023 results: revenue $66.3 million.
“Flux Power Reports Fiscal Full Year 2023 Financial Results Fiscal Full Year 2023 Revenue Increased 57% to $66.3 Million”
Flux Power Holdings, Inc. terminated Loan and Security Agreement with Silicon Valley Bank (effective 2023-07-28).
“the Company terminated the Loan and Security Agreement, dated as of November 9, 2020, as amended, by and among SVB, Flux and the Registrant.”
Flux Power Holdings, Inc. entered into Loan and Security Agreement with Gibraltar Business Capital, LLC valued at up to $15,000,000 (effective 2023-07-28).
“On July 28, 2023, Flux Power Holdings, Inc. (the “Registrant”), Flux Power, Inc., a wholly-owned subsidiary of the Registrant (“Flux” and together with the Registrant, the “Company”), entered into a certain Loan and Security Agreement (the “Agreement”) with Gibraltar Business Capital, LLC, a Delaware limited liability company (“GBC”).”
Flux Power Holdings, Inc. reported fiscal third quarter ended March 31, 2023 results: revenue $15.1 million.
“Revenue for the fiscal third quarter of 2023 increased by 14% to $15.1 million compared to $13.2 million in the fiscal third quarter of 2022, driven by increased sales volumes and models with higher selling prices, including greater sales to existing and new customers.”
Flux Power Holdings, Inc. amended Fifth Amendment to Loan and Security Agreement with Silicon Valley Bank, a division of First Citizens Bank valued at Thirty Thousand Dollars ($30,000.00) (effective 2023-04-27).
“On April 27, 2023, Flux Power Holdings, Inc. (the “Registrant”) and Flux Power, Inc., a wholly-owned subsidiary of the Registrant (“Flux”, and together with the Registrant, the “Company”), entered into a Fifth Amendment to Loan and Security Agreement (the “Fifth Amendment”) with Silicon Valley Bank, a division of First Citizens Bank (“SVB”), which amended certain terms of the Loan and Security Agreement dated November 9, 2020, as amended on October 29, 2021, as further amended on June 23, 2022, as further amended on November 7, 2022, and as further amended on January 10, 2023 (together with the Fifth Amendment, the “Agreement”), including but not limited to, (i) extending the maturity date from May 7, 2023 to December 31, 2023 (the “Extension Period”), (ii) amending the EBITDA financial covenant of the Company to cover the Extension Period, and (iii) amending the definition of EBITDA (as defined in the Fifth Amendment).”
Flux Power Holdings, Inc. shareholders approved Ratification of appointment of Baker Tilly US, LLP as independent registered public accounting firm for fiscal year ending June 30, 2023 at the 2023-04-20 meeting.
“3. A proposal to ratify the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2023: FOR AGAINST ABSTAIN BROKER NON-VOTE 8,173,564 1,444 203,418 -”
Flux Power Holdings, Inc. shareholders approved Approval of the Flux Power Holdings, Inc. 2023 Employee Stock Purchase Plan at the 2023-04-20 meeting.
“2. A proposal to approve Flux Power Holdings, Inc. 2023 Employee Stock Purchase Plan: FOR AGAINST ABSTAIN BROKER NON-VOTE 7,992,193 26,946 210,588 148,699”
Flux Power Holdings, Inc. shareholders approved Election of Directors at the 2023-04-20 meeting.
“1. The individuals listed below were elected to serve as directors of the Company until the next annual meeting of stockholders or until such person resigns, is removed or otherwise leaves office: FOR WITHHELD BROKER NON-VOTE Ronald F. Dutt 8,024,628 205,099 148,699 Michael Johnson 7,989,724 240,003 148,699 Lisa Walters-Hoffert 6,439,426 1,790,301 148,699 Dale Robinette 6,437,958 1,791,769 148,699 Cheemin Bo-Linn 7,836,834 392,893 148,699”
Flux Power Holdings, Inc. reported fiscal second quarter ended December 31, 2022 results: revenue $17.2M.
“for the fiscal second quarter ended December 31, 2022. Key Financial & Operational Highlights for the Second Quarter Fiscal Year 2023 ● Revenue (Shipments) increased 123% to $17.2M in Q2’23 compared to Q2’22 revenue of $7.7M. ● Gross profit increased 294% to $4.1M in Q2’23 compared to $1.0M in Q2’22. ● Q2’23 gross margin was 24% compared to 14% in Q2’22,”
Flux Power Holdings, Inc. amended Fourth Amendment to Loan and Security Agreement with Silicon Valley Bank valued at $14.0 million (effective 2023-01-10).
“On January 10, 2023, Flux Power, Inc. (“Flux”), a wholly-owned subsidiary of Flux Power Holdings, Inc. (the “Registrant” and together with Flux, the “Company”), and the Registrant entered into a Fourth Amendment to Loan and Security Agreement (the “Fourth Amendment”) with Silicon Valley Bank (“SVB”), which amended certain terms of the Loan and Security Agreement dated November 9, 2020, as amended on October 29, 2021, as further amended on June 23, 2022, and as further amended on November 7, 2022 (together with the Fourth Amendment, the “Agreement”), including but not limited to, (i) increasing the amount of the revolving line of credit from $8.0 million to $14.0 million”
Jeffrey Mason changed role as Vice President of Operations at Flux Power Holdings, Inc..
“On November 7, 2022, the Board of Directors (the “Board”) of Flux Power Holdings, Inc. (the “Company”) expanded the role of the Company’s current Vice President of Operations, Mr. Jeffrey Mason, to include additional Company authority and delegation.”
Flux Power Holdings, Inc. amended credit facility with Silicon Valley Bank maturing May 7, 2023.
““Third Amendment”) with Silicon Valley Bank (“SVB”), which amended certain terms of the Loan and Security Agreement”
Flux Power Holdings, Inc. reported fiscal first quarter ended September 30, 2022 results: revenue $17.8 million.
“First Quarter Fiscal 2023 Revenue Increased 184% to a Record $17.8 Million”
Flux Power Holdings, Inc. amended Third Amendment to Loan and Security Agreement with Silicon Valley Bank (effective 2022-11-07).
“On November 7, 2022, Flux Power, Inc. (“Flux”), a wholly-owned subsidiary of Flux Power Holdings, Inc. (the “Registrant” and together with Flux, the “Company”), and the Registrant entered into a Third Amendment to Loan and Security Agreement (“Third Amendment”) with Silicon Valley Bank (“SVB”), which amended certain terms of the Loan and Security Agreement dated November 9, 2020, as amended on October 29, 2021, and as further amended on June 23, 2022 (together with the Third Amendment, the “Agreement”), including but not limited to, (i) extending the maturity date from November 7, 2022 to May 7, 2023 (the “Extension Period”), (ii) amending the financial covenants of the Company to cover the Extension Period, and (iii) amending the definition of Permitted Liens (as defined in the Third Amendment).”
Jonathan Berry departed as Chief Operating Officer at Flux Power Holdings, Inc..
“On August 18, 2022, the Company filed the Original Form 8-K to disclose that on August 12, 2022, Jonathan Berry, the Company’s Chief Operating Officer, separated from the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.