UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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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.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit | Exhibit Description | |
10.1 | Amendment No. 6 to the Loan and Security Agreement | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Flux Power Holdings, Inc. | ||
a Nevada corporation | ||
By: | /s/ Krishna Vanka | |
Krishna Vanka | ||
Chief Executive Officer | ||
Dated: September 5, 2025 |