Flux Power Reports Executive/Director Changes and Compensation on Feb 16
Ticker: FLUX · Form: 8-K · Filed: Feb 23, 2024 · CIK: 1083743
Sentiment: neutral
Topics: executive-changes, compensatory-arrangements, 8-K
TL;DR
**Flux Power just filed an 8-K about executive changes and compensation on Feb 16, keep an eye out for details!**
AI Summary
Flux Power Holdings, Inc. filed an 8-K on February 23, 2024, reporting an event that occurred on February 16, 2024. The filing pertains to Item 5.02, "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers," and Item 9.01, "Financial Statements and Exhibits." This indicates changes in executive or director roles or their compensation, though specific details are not provided in the summary text.
Why It Matters
Changes in executive leadership or their compensation can significantly impact a company's strategic direction, operational efficiency, and financial performance, influencing investor confidence.
Risk Assessment
Risk Level: medium — Changes in leadership or compensation can introduce uncertainty, but without specific details, the impact is unknown.
Key Players & Entities
- Flux Power Holdings, Inc. (company) — Registrant
- February 16, 2024 (date) — Date of earliest event reported
- February 23, 2024 (date) — Filing date
- Nevada (company) — State of Incorporation
- 001-31543 (company) — Commission File Number
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 16, 2024.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 23, 2024.
What specific items of Form 8-K are covered in this filing?
This filing covers Item 5.02, "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers," and Item 9.01, "Financial Statements and Exhibits."
What is the full legal name of the registrant?
The full legal name of the registrant is FLUX POWER HOLDINGS, INC.
In which state is Flux Power Holdings, Inc. incorporated?
Flux Power Holdings, Inc. is incorporated in Nevada.
Filing Stats: 1,452 words · 6 min read · ~5 pages · Grade level 10.5 · Accepted 2024-02-23 17:22:41
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value FLUX Nasdaq Capital Mark
- $205,200 — l be entitled to: (i) cash severance of $205,200, which is an amount equal to 12 months
- $22,840 — ration Date, (ii) a one-time payment of $22,840.68, less required withholdings, to cove
- $150 — ces to the Company at an hourly rate of $150, and (ii) will be entitled to reimburse
- $330,000 — h provides for an annual base salary of $330,000, effective March 4, 2024 (the "Employme
Filing Documents
- form8-k.htm (8-K) — 51KB
- ex10-1.htm (EX-10.1) — 28KB
- ex10-2.htm (EX-10.2) — 49KB
- ex10-3.htm (EX-10.3) — 100KB
- 0001493152-24-007732.txt ( ) — 435KB
- flux-20240216.xsd (EX-101.SCH) — 3KB
- flux-20240216_lab.xml (EX-101.LAB) — 33KB
- flux-20240216_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
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/ Ronald F. Dutt Ronald F. Dutt, Chief Executive Officer Dated: February 23, 2024 4