Flux Power Holdings Inc. has announced a regulatory issue concerning its continued listing on the Nasdaq Stock Market. The company was notified by Nasdaq's Listing Qualifications Department that it failed to meet the minimum stockholders' equity requirement of $2.5 million as of March 31, 2025, with a reported equity of ($4,372,000). Despite submitting a compliance plan and taking measures such as workforce reductions and seeking additional equity capital, the company has not regained compliance. Nasdaq has informed Flux Power that trading of its common stock will be suspended on August 11, 2025, unless the company successfully appeals the decision. Flux Power intends to request a hearing with the Nasdaq Hearings Panel to contest the suspension and continue its listing.
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