Flux Power Hires BDO USA as New Accountant
Ticker: FLUX · Form: 8-K · Filed: Jan 8, 2025 · CIK: 1083743
Sentiment: neutral
Topics: auditor-change, disclosure
TL;DR
Flux Power dumped WithumSmith+Brown, hired BDO USA as new auditor effective Jan 6, 2025.
AI Summary
Flux Power Holdings, Inc. announced on January 6, 2025, a change in its certifying accountant. The company has dismissed its previous independent registered public accounting firm, WithumSmith+Brown, PC, and has appointed BDO USA, P.A. as its new principal accountant. This change is effective immediately.
Why It Matters
A change in auditors can signal shifts in financial reporting scrutiny or strategy, potentially impacting investor confidence and future financial disclosures.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a change in independent auditors, which is common and does not inherently indicate financial distress or significant operational changes.
Key Players & Entities
- Flux Power Holdings, Inc. (company) — Registrant
- WithumSmith+Brown, PC (company) — Former Certifying Accountant
- BDO USA, P.A. (company) — New Certifying Accountant
- January 6, 2025 (date) — Effective date of change
FAQ
When was the change in certifying accountant effective for Flux Power Holdings, Inc.?
The change in certifying accountant was effective January 6, 2025.
Who was Flux Power Holdings, Inc.'s previous independent registered public accounting firm?
Flux Power Holdings, Inc.'s previous independent registered public accounting firm was WithumSmith+Brown, PC.
Who has Flux Power Holdings, Inc. appointed as its new principal accountant?
Flux Power Holdings, Inc. has appointed BDO USA, P.A. as its new principal accountant.
Did the former accountant report any disagreements with Flux Power Holdings, Inc.?
The filing does not mention any disagreements with the former accountant, WithumSmith+Brown, PC.
Does this filing include any financial statements or exhibits?
Yes, the filing indicates that Financial Statements and Exhibits are included.
Filing Stats: 1,049 words · 4 min read · ~3 pages · Grade level 14.3 · Accepted 2025-01-08 16:05:24
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value FLUX Nasdaq Capital Mark
Filing Documents
- form8-k.htm (8-K) — 45KB
- ex16-1.htm (EX-16.1) — 1KB
- ex16-1_001.jpg (GRAPHIC) — 3568KB
- 0001493152-25-001390.txt ( ) — 5130KB
- flux-20250106.xsd (EX-101.SCH) — 3KB
- flux-20250106_lab.xml (EX-101.LAB) — 33KB
- flux-20250106_pre.xml (EX-101.PRE) — 24KB
- 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: January 8, 2025