Mr. Dutt to Retire Upon Appointment of Successor, and Remain with the Company through the Search and Transition Period Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that its Chairman and Chief Executive Officer, Ron Dutt, intends to retire from the Company. The Company's Board of Directors is executing a comprehensive succession plan and search to identify the next CEO with the assistance of a nationally recognized search firm. Mr. Dutt will remain in his roles until the search for his successor is complete. Mr. Dutt commented, "It has been my honor to ser

Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today provided an update regarding its previously discussed restatement process and subsequent SEC filings for the fiscal fourth quarter and year ended June 30, 2024, and the fiscal first quarter ended September 30, 2024. On September 5, 2024, Flux announced that it had identified approximately $1.7 million of excess and obsolete inventory primarily related to product innovation and design of its products during a period of rapid growth over the last several years. A further detailed review of this and related items has resulted

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that on October 16, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the fiscal year ended June 30, 2024, with the Securities and Exchange Commission ("SEC"). This notification has no immediate effect on the listing of the Company's common stock on the Nasdaq. Under the Nasdaq r

Key Milestone for High-Performance S-Series Batteries with Enhanced Safety and Sustainable Features Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced a strategic partnership with one of the top forklift original equipment manufacturers (OEMs) to launch a new private label battery program. This collaboration marks a significant milestone for Flux Power's S-Series line, which now includes products with the coveted UL Type EE certification, meeting the stringent demands of top-tier customers. The partnership emphasizes Flux Power's commitment to innovation and excel

Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment today announced that it has identified $1.7 million of excess and obsolete inventory primarily related to product innovation and design of our products during a period of rapid growth over the last several years. As a result, the Company will restate previously issued financial statements for fiscal year 2023 and the interim periods of fiscal year 2024. The inventory write-down is a non-cash charge and will not impact cashflow. However, as a part of the restatement process, the Company may include additional adjustments other than

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, is proud to announce a new partnership aimed at enhancing the recycling process for end-of-life lithium-ion batteries with the largest critical battery components recycling company in the U.S. This collaboration represents a significant step forward in Flux Power's ongoing commitment to environmental responsibility. Flux Power's recycling partner is focused on creating a circular supply chain for electric vehicles and clean energy products, making them more sustainable and driving down the cost for batteries by developing and dep

L36 Addresses Customer Demand for UL Listed Heavy-Duty Battery Packs Optimized to Deliver Peak Performance Featuring Patented SkyBMS Telematics and Active Cooling and Heating for Demanding Applications Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the new L36 battery pack, for Class 1 3-Wheel Counterbalance forklifts, with 630 Ah and 840 Ah capacity options was officially approved by a major Original Equipment Manufacturer (OEM) in the material handling industry. This latest addition to Flux Power's portfolio underscores the company's commitment to deliveri

Management to Showcase 64,000 Square Foot Production Facility and Recent Manufacturing & Production Process Improvements Flux Power to Brief Investors on Complete Product Line of Lithium-Ion Battery Packs Including New Products for Narrow Aisle Forklifts and End Rider/Center Rider Forklifts, and New Onboard Integrated Charging Option Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will host an investor day on Wednesday, August 7, 2024, from 9:15 a.m. PT to 1:15 p.m. PT at its company headquarters and manufacturing facility in Vista, California. Flux Power Chief Executive O

RALEIGH, NC / ACCESSWIRE / June 21, 2024 / iAccess Alpha's "Buyside Best Ideas Virtual Summer Conference" is taking place on June 25-26, 2024.The conference begins on Tuesday, June 25, with Company presentations beginning at 9:30 a.m. Eastern Time.Company presentations will be webcast live online on Tuesday June 25. 1x1 Meetings are being held all-day Wednesday June 26 beginning at 8:00 a.m. Eastern Time.To sign up to listen to company presentations, register at the event website below:Event website: https://www.iaccessalpha.com/On Tuesday, June 25, the following companies will be presenting via webcast. All times are in ET.Presentation TimeOrganizationTicker9:30amEvaxion Biotech A/S view pr

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will attend the iAccess Alpha Best Ideas Summer Conference being held virtually June 25 - 26, 2024. Flux Power Chief Executive Officer Ron Dutt and Chief Financial Officer Kevin Royal will conduct virtual one-on-one meetings during the conference to discuss its expanding sales and marketing initiatives, product lines for multiple customer segments and adjacent markets, distribution network, and developing partnerships with vendors, technology partners, and opportunities to further drive growth. iAccess Alpha Best Ideas Summer C

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4 - Flux Power Holdings, Inc. (0001083743) (Issuer)

4/A - Flux Power Holdings, Inc. (0001083743) (Issuer)

4 - Flux Power Holdings, Inc. (0001083743) (Issuer)

4 - Flux Power Holdings, Inc. (0001083743) (Issuer)

4 - Flux Power Holdings, Inc. (0001083743) (Issuer)

4 - Flux Power Holdings, Inc. (0001083743) (Issuer)

4 - Flux Power Holdings, Inc. (0001083743) (Issuer)

4 - Flux Power Holdings, Inc. (0001083743) (Issuer)

4 - Flux Power Holdings, Inc. (0001083743) (Issuer)

8-K - Flux Power Holdings, Inc. (0001083743) (Filer)

8-K - Flux Power Holdings, Inc. (0001083743) (Filer)

NT 10-Q - Flux Power Holdings, Inc. (0001083743) (Filer)

8-K - Flux Power Holdings, Inc. (0001083743) (Filer)

NT 10-K - Flux Power Holdings, Inc. (0001083743) (Filer)

8-K - Flux Power Holdings, Inc. (0001083743) (Filer)

8-K - Flux Power Holdings, Inc. (0001083743) (Filer)

10-Q - Flux Power Holdings, Inc. (0001083743) (Filer)

8-K - Flux Power Holdings, Inc. (0001083743) (Filer)

8-K - Flux Power Holdings, Inc. (0001083743) (Filer)

ROTH MKM initiated coverage of Flux Power Hldgs. with a rating of Buy and set a new price target of $10.00

EF Hutton reiterated coverage of Flux Power Holdings with a rating of Buy and set a new price target of $8.00 from $12.00 previously

HC Wainwright & Co. initiated coverage of Flux Power Holdings with a rating of Buy and set a new price target of $15.00

Maxim Group initiated coverage of Flux Power Hldgs. with a rating of Buy and set a new price target of $30.00

Maxim Group initiated coverage of Flux Power with a rating of Buy

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fiscal third quarter ended March 31, 2024. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Kevin Royal will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's website here. To access th

Operational Initiatives Result in Improvement in Gross Margins to 31% Revenue Increased 7% to Quarterly Record of $18.3 Million Adjusted EBITDA Improved to Positive $0.3M Moving Toward Cash Flow Breakeven Backlog was $29.7M as of February 1, 2024 Management to Host Conference Call Today at 4:30 p.m. Eastern Time Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has reported its financial and operational results for the fiscal second quarter ended December 31, 2023. Key Financial FY 2024 Second Quarter and Subsequent Operational Highlights and Business Update ($ mil

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, February 8, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fiscal second quarter ended December 31, 2023. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Chuck Scheiwe will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's website here. T

Ongoing Gross Margin Initiatives Result in 700BP Improvement in Gross Margins Backlog Increased to $31M as of November 2, 2023 Partnering with Fortune 100 Customer on Industry's First Telematics Integration for Entire Fleet Management to Host Conference Call Today at 4:30 p.m. Eastern Time Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has reported its financial and operational results for the fiscal first quarter ended September 30, 2023. Key Financial FY 2024 First Quarter and Subsequent Operational Highlights and Business Update ($ millions) Q1 Comparison

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, November 9, 2023 at 4:30 p.m. Eastern Time to discuss its results for the fiscal first quarter ended September 30, 2023. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Chuck Scheiwe will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's website here. T

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, September 21, 2023 at 4:30 p.m. Eastern Time to discuss its results for the fiscal fourth quarter and full year ended June 30, 2023. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Chuck Scheiwe will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's websi

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, May 11, 2023 at 4:30 p.m. Eastern Time to discuss its results for the fiscal third quarter ended March 31, 2023. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Chuck Scheiwe will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's website here. To access

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, February 9, 2023 at 4:30 p.m. Eastern Time to discuss its results for the fiscal second quarter ended December 31, 2022. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Chuck Scheiwe will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's website here. To

Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, November 10, 2022 at 4:30 p.m. Eastern Time to discuss its results for the fiscal first quarter ended September 30, 2022. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Chuck Scheiwe will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's website here. To

Fiscal Full Year 2022 Revenue Increased 61% to a Record $42.3M Strategic Initiatives Drive Increased Backlog Conversion, Higher Inventory Turns & Improved Gross Margins Resulting in Progress to Profitability Management to Host Conference Call Today at 4:30 p.m. Eastern Time Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, has reported its financial and operational results for the fiscal fourth quarter and year ended June 30, 2022. Financial Highlights FY'22 revenue increased 61% to $42.3M compared to FY'21 revenue of $26.3M. Q4'22 revenue increased 83% to $15.2M compared

Mr. Dutt to Retire Upon Appointment of Successor, and Remain with the Company through the Search and Transition Period Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that its Chairman and Chief Executive Officer, Ron Dutt, intends to retire from the Company. The Company's Board of Directors is executing a comprehensive succession plan and search to identify the next CEO with the assistance of a nationally recognized search firm. Mr. Dutt will remain in his roles until the search for his successor is complete. Mr. Dutt commented, "It has been my honor to ser

30-Year Global Supply Chain Executive at Fortune 500 Consumer Brands to Advance Company's New Strategic Growth Initiatives Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Mark Leposky, a senior-level executive and entrepreneur, to its Board of Directors as an independent director, effective April 18, 2024. Mr. Leposky will also serve as a member of the Audit Committee, Compensation Committee, and Nominating Committee. Mark Leposky has over 30 years of experience leading, transforming, growing, and turning around consumer product and service

Veteran Financial Leader to Fortune 500 Technology Companies to Lead Next Phase of Company Growth Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Kevin Royal, CPA, a seasoned finance and accounting executive, as Chief Financial Officer of the Company, replacing Chuck Scheiwe as part of a planned transition given the Company's strong financial performance and inflection point. Mr. Scheiwe will remain with Flux Power in a consulting role for the near term to help facilitate the transition. Kevin Royal brings over 20 years of experience as a C

25-Year Global Technology Veteran's Appointment to Advance Commercial Rollout of Flux Power's Sustainable Lithium-Ion Energy Storage Solutions for Fortune 500 Fleets Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion battery packs for electrification of commercial and industrial equipment, today announced the appointment of Cheemin Bo-Linn, a global technology industry veteran, to its Board of Directors as an independent director, effective January 14, 2022. Ms. Bo-Linn will also serve as a member of the Audit Committee, Compensation Committee, and Nominating Committee. Ms. Bo-Linn's appointment as an independent director increases the total number of board member

UL Listed Heavy-Duty Battery Packs Feature Patented SkyBMS Telematics And Active Cooling/Heating; Available In 630 Ah And 840 Ah Capacities; Approved By Major OEM In Material Handling Industry

Gainers New Horizon Aircraft (NASDAQ:HOVR) shares moved upwards by 59.7% to $1.15 during Friday's after-market session. The market value of their outstanding shares is at $20.9 million. Volato Group (AMEX:SOAR) shares rose 6.65% to $0.8. The market value of their outstanding shares is at $23.4 million. Flux Power Holdings (NASDAQ:FLUX) shares increased by 5.0% to $2.94. The company's market cap stands at $49.0 million. Complete Solaria (NASDAQ:CSLR) stock increased by 4.76% to $1.54. The company's market cap stands at $75.6 million. NeoVolta (NASDAQ:NEOV) stock increased by 4.64% to $2.48. The company's market cap stands at $82.4 million. FTC Solar (NASDAQ:FTCI) stock moved upwards by

5 analysts have shared their evaluations of Flux Power Holdings (NASDAQ:FLUX) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 3 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Flux Power Holdings, presenting an average target of $9.6, a hig

HC Wainwright & Co. analyst Amit Dayal reiterates Flux Power Holdings (NASDAQ:FLUX) with a Buy and maintains $15 price target.

Gainers SunPower (NASDAQ:SPWR) shares moved upwards by 58.2% to $4.35 during Tuesday's pre-market session. The market value of their outstanding shares is at $763.3 million. Plug Power (NASDAQ:PLUG) stock increased by 23.52% to $3.57. The market value of their outstanding shares is at $2.6 billion. As per the press release, Q1 earnings came out 3 days ago. 1847 Holdings (AMEX:EFSH) shares increased by 13.12% to $1.81. The market value of their outstanding shares is at $9.5 million. ESGL Holdings (NASDAQ:ESGL) stock increased by 11.81% to $0.65. The market value of their outstanding shares is at $14.9 million. As per the news, the Q4 earnings report came out 2 days ago. Hyzon Motors (NAS

Gainers Flux Power Holdings (NASDAQ:FLUX) stock rose 9.3% to $3.74 during Friday's after-market session. The company's market cap stands at $61.8 million. The company's, Q3 earnings came out yesterday. JanOne (NASDAQ:JAN) stock moved upwards by 8.93% to $4.39. The market value of their outstanding shares is at $39.4 million. Marti Techs (AMEX:MRT) shares increased by 4.87% to $1.72. The market value of their outstanding shares is at $98.6 million. VCI Global (NASDAQ:VCIG) shares moved upwards by 4.85% to $1.08. The company's market cap stands at $52.1 million. Microvast Holdings (NASDAQ:MVST) shares rose 3.94% to $0.44. The market value of their outstanding shares is at $139.7 million.

U.S. stocks traded mixed toward the end of trading, with the Dow Jones gaining around 100 points on Friday. The Dow traded up 0.24% to 39,482.36 while the NASDAQ fell 0.06% to 39,482.36. The S&P 500 also rose, gaining, 0.11% to 5,219.64        . Check This Out: Top 3 Industrials Stocks That May Collapse This Month Leading and Lagging SectorsFinancials shares rose by 0.4% on Friday. In trading on Friday, consumer discretionary shares fell by 0.7%. Top Headline The University of Michigan consumer sentiment declined to 67.4 in May versus 77.2 in the prior month, recording the weakest level in six months. However, markets were expecting a reading of 76. Equities Trading UP 

Flux Power Holdings Inc (NASDAQ:FLUX) reported worse-than-expected third-quarter financial results on Thursday. Flux Power posted GAAP loss of 16 cents per share, compared to market expectations for a loss of 10 cents per share. The company's sales came in at $14.457 million versus estimates of $15.345 million, according to data from Benzinga Pro. “The third fiscal quarter of 2024 saw continued lumpiness from timing of deliveries of customer new forklift orders and interest rate variability,” said Flux Power CEO Ron Dutt. “An Institute for Supply Management survey this month showed manufacturing grew for the first time in 1-1/2 years in March, and although we remain confident in a reco

Shares of Diodes Incorporated (NASDAQ:DIOD) fell sharply during Friday's session after the company reported worse-than-expected quarterly financial results. Diodes posted adjusted earnings of 28 cents per share, missing market estimates of 31 cents per share. The company's quarterly sales came in at $301.97 million missing expectations of $305.01 million, according to data from Benzinga Pro. Diodes shares dipped 9.8% to $68.99 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Novavax, Inc. (NASDAQ:NVAX) shares jumped 139% to $10.73 after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and d