Flux Power Holdings Inc. Announces Debt Amendment and Extension Agreement with Gibraltar Business Capital and Cleveland Capital
Reuters
Jul 22
Flux Power Holdings Inc. Announces Debt Amendment and Extension Agreement with Gibraltar Business Capital and Cleveland Capital
Flux Power Holdings Inc. announced an amendment to its financial agreements with Gibraltar Business Capital, LLC and Cleveland Capital, L.P. The changes extend the maturity dates of existing loans, providing more time for repayment. The agreement with Gibraltar Business Capital extends the maturity date to August 31, 2025, with a further extension possible under certain conditions. Additionally, the agreement with Cleveland Capital pushes the due date to September 30, 2025. These adjustments aim to improve financial flexibility for Flux Power Holdings.
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