InvestmentMay 18, 2026, 06:12 AM
Flux Power Secures $40M Equity Facility with Roth Principal
AI Summary
Flux Power Holdings, Inc. has entered into a committed equity facility with Roth Principal Investments, LLC, allowing the company to sell up to $40,000,000 of its common stock. The sales are at the company's sole discretion over a period of up to 36 months, providing flexible access to capital. A related registration rights agreement ensures the resale of up to 38,461,538 shares will be registered, with purchase prices based on the volume weighted average price (VWAP) and a minimum threshold price of $0.50 for certain purchases.
Key Highlights
- Flux Power entered a common stock purchase agreement with Roth Principal Investments, LLC.
- Company can sell up to $40,000,000 of common stock to Roth Principal Investments.
- Sales are at Flux Power's sole discretion over a period of up to 36 months.
- A registration statement will be filed for the resale of up to 38,461,538 shares.
- The purchase price for shares will be determined by the volume weighted average price (VWAP).
- Market Open Purchases are subject to a threshold price of not less than $0.50 per share.
Price Impact
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