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Flux Power Holdings, Inc. has signed a new important agreement with Gibraltar Business Capital, LLC.

DealRead the original at sec.gov
Bad for FLUX

Flux Power said it entered Amendment No. 7 but remains in default and must sell equity to raise at least $4.0M within 50 days; the lender can stop its credit or demand repayment immediately, raising liquidity risk.

FLUX · Flux Power Holdings, Inc.

AI read · Bad for FLUX

The AI's read

The lender kept the credit line open but said Flux remains in default and can be forced to repay at any time. The amendment forces a quick equity sale and adds strict reporting and covenant conditions that increase pressure on cash and operations. Continued access to the revolving credit delays immediate collapse but leaves big uncertainty about funding and business continuity.

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