Flux Power Holdings Inc. Announces New Securities Purchase Agreement, Plans to Raise $5 Million Through Prefunded Warrants

Reuters
2025/07/21
<a href="https://laohu8.com/S/FLUX">Flux Power</a> Holdings Inc. Announces New Securities Purchase Agreement, Plans to Raise $5 Million Through Prefunded Warrants

Flux Power Holdings Inc., a Nevada-based corporation, announced on July 18, 2025, that it has entered into a Securities Purchase Agreement with accredited investors, aiming to raise up to $5 million through the sale of Prefunded Warrants. These warrants, priced at $19.369 each, enable holders to purchase Series A Convertible Preferred Stock for $0.001 per share. Additionally, investors will receive a five-year Common Warrant, allowing them to buy shares of common stock at a price determined by the 20-day volume-weighted average price prior to the transaction closing. The proceeds from this private placement will be used for general corporate purposes and growth capital. The agreement's closing is contingent on customary conditions, including shareholder approval to amend the company's articles of incorporation to increase authorized preferred shares and establish Series A Preferred Stock rights. The Series A Preferred Stock offers conversion rights, voting power, and an annual dividend rate of 8%, among other benefits.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flux Power Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-020331), on July 21, 2025, and is solely responsible for the information contained therein.

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