Results

Flux Power Holdings Inc.

09/05/2025 | Press release | Distributed by Public on 09/05/2025 14:05

Material Agreement (Form 8-K)

Item 1.01 - Entry into a Material Definitive Agreement

On September 4, 2025, 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 Amendment No. 6 to Loan and Security Agreement (the "Sixth Amendment") with Gibraltar Business Capital, LLC ("GBC"), with the effective date of August 31, 2025. The Sixth Amendment amended certain terms of the Loan and Security Agreement, dated as of July 28, 2023, by and among the Company and GBC, which included (i) modifications to the EBITDA minimum financial covenant of the Company, and (ii) an extension of the maturity date from August 31, 2025 to September 15, 2025, subject to acceleration or further extension pursuant to the terms of the Loan and Security Agreement.

The foregoing description of the Sixth Amendment does not purport to be a complete description of the terms and is qualified in its entirety by reference to the full text of the Sixth Amendment, which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.

Flux Power Holdings Inc. published this content on September 05, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 05, 2025 at 20:06 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]