Flux Power Holdings Inc. has announced the pricing of an underwritten public offering of 3,840,000 shares of its common stock at $2.50 per share, aiming to raise approximately $9.6 million in gross proceeds before underwriting discounts and other offering expenses. The company has also granted the underwriter a 30-day option to purchase up to an additional 576,000 shares to cover over-allotments. Lake Street Capital Markets, LLC is acting as the sole book-running manager for the offering, which is expected to close upon satisfaction of customary closing conditions.
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 GlobeNewswire (Ref. ID: GNW9565994-en) on October 31, 2025, and is solely responsible for the information contained therein.