Flux Power Holdings, Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: FLUX · Form: DEF 14A · Filed: Feb 29, 2024 · CIK: 1083743
Sentiment: neutral
Topics: Annual Meeting, Proxy Statement, Virtual Meeting, Stockholder Vote, Form 10-K
TL;DR
<b>Flux Power Holdings, Inc. invites stockholders to its 2024 virtual Annual Meeting on April 18, 2024, urging advance voting.</b>
AI Summary
Flux Power Holdings, Inc. (FLUX) filed a Proxy Statement (DEF 14A) with the SEC on February 29, 2024. Flux Power Holdings, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on April 18, 2024, at 10:00 a.m. PST. Stockholders can attend, submit questions, and vote online at www.virtualshareholdermeeting.com/FLUX2024. A 16-digit control number is required for participation, found on the Notice of Internet Availability, proxy card, or accompanying instructions. The company has made its Annual Report on Form 10-K for the fiscal year ended June 30, 2023, available. Stockholders are urged to vote in advance via internet, phone, or mail, even if planning to attend the virtual meeting.
Why It Matters
For investors and stakeholders tracking Flux Power Holdings, Inc., this filing contains several important signals. The virtual meeting format aims to increase stockholder participation regardless of location. Advance voting is encouraged to ensure all shares are represented, even for those attending the meeting.
Risk Assessment
Risk Level: low — Flux Power Holdings, Inc. shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) for an annual meeting and does not contain new financial or operational disclosures that would indicate significant risk.
Analyst Insight
Stockholders should review the proxy statement and annual report for details on matters to be voted on and the company's performance, and ensure their vote is cast in advance.
Key Numbers
- 10:00 a.m. PST — Annual Meeting Time (Time of the virtual Annual Meeting of Stockholders.)
- April 18, 2024 — Annual Meeting Date (Date of the virtual Annual Meeting of Stockholders.)
- 16-digit — Control Number Length (Length of the control number required for virtual meeting participation.)
Key Players & Entities
- Flux Power Holdings, Inc. (company) — Registrant and filer of the proxy statement.
- Ronald F. Dutt (person) — Executive Chairman, Chief Executive Officer and President of Flux Power Holdings, Inc.
- April 18, 2024 (date) — Date of the Annual Meeting of Stockholders.
- June 30, 2023 (date) — Fiscal year end for the Annual Report on Form 10-K.
- 2024 (date) — Year of the Annual Meeting.
FAQ
When did Flux Power Holdings, Inc. file this DEF 14A?
Flux Power Holdings, Inc. filed this Proxy Statement (DEF 14A) with the SEC on February 29, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Flux Power Holdings, Inc. (FLUX).
Where can I read the original DEF 14A filing from Flux Power Holdings, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Flux Power Holdings, Inc..
What are the key takeaways from Flux Power Holdings, Inc.'s DEF 14A?
Flux Power Holdings, Inc. filed this DEF 14A on February 29, 2024. Key takeaways: Flux Power Holdings, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on April 18, 2024, at 10:00 a.m. PST.. Stockholders can attend, submit questions, and vote online at www.virtualshareholdermeeting.com/FLUX2024.. A 16-digit control number is required for participation, found on the Notice of Internet Availability, proxy card, or accompanying instructions..
Is Flux Power Holdings, Inc. a risky investment based on this filing?
Based on this DEF 14A, Flux Power Holdings, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement (DEF 14A) for an annual meeting and does not contain new financial or operational disclosures that would indicate significant risk.
What should investors do after reading Flux Power Holdings, Inc.'s DEF 14A?
Stockholders should review the proxy statement and annual report for details on matters to be voted on and the company's performance, and ensure their vote is cast in advance. The overall sentiment from this filing is neutral.
How does Flux Power Holdings, Inc. compare to its industry peers?
Flux Power Holdings, Inc. operates in the electrical equipment and supplies sector, focusing on advanced battery technologies.
Are there regulatory concerns for Flux Power Holdings, Inc.?
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations for shareholder meetings.
Risk Factors
- Proxy Statement Filing [low — regulatory]: The filing is a definitive proxy statement (DEF 14A) required for the annual meeting of stockholders.
Industry Context
Flux Power Holdings, Inc. operates in the electrical equipment and supplies sector, focusing on advanced battery technologies.
Regulatory Implications
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations for shareholder meetings.
What Investors Should Do
- Review the proxy statement for agenda items and voting proposals.
- Ensure access to the virtual meeting platform using the provided control number.
- Vote shares in advance via internet, phone, or mail to ensure participation.
Key Dates
- 2024-04-18: Annual Meeting of Stockholders — Key date for stockholder participation and voting.
- 2023-06-30: Fiscal Year End — End date for the fiscal year covered by the Form 10-K.
- 2024-02-29: Filing Date — Date the DEF 14A filing was made with the SEC.
Year-Over-Year Comparison
This filing is a DEF 14A proxy statement for the annual meeting, distinct from operational or financial reports.
Filing Stats: 4,760 words · 19 min read · ~16 pages · Grade level 12.2 · Accepted 2024-02-29 09:00:30
Key Financial Figures
- $0.001 — 3,542 shares of common stock, par value $0.001 per share, were outstanding and entitle
Filing Documents
- formdef14a.htm (DEF 14A) — 605KB
- formdef14a_001.jpg (GRAPHIC) — 4KB
- formdef14a_002.jpg (GRAPHIC) — 67KB
- proxy_001.jpg (GRAPHIC) — 159KB
- proxy_002.jpg (GRAPHIC) — 204KB
- 0001493152-24-008268.txt ( ) — 1205KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 21 BENEFICIAL OWNERSHIP 32 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 34 STOCKHOLDER PROPOSALS FOR 2025 ANNUAL MEETING 35 ADDITIONAL INFORMATION 37 OTHER MATTERS 38 i 2685 S. Melrose Drive Vista, California 92081 PROXY 2024 ANNUAL MEETING OF STOCKHOLDERS GENERAL This proxy statement is furnished to stockholders of Flux Power Holdings, Inc., a Nevada corporation (the “Company”), in connection with the solicitation of proxies for use at the 2024 Annual Meeting of Stockholders of the Company (the “Annual Meeting”) to be held virtually www.virtualshareholdermeeting.com/FLUX2024 on Thursday, April 18, 2024 at 10:00 a.m. Pacific Time. This year’s Annual Meeting will be held in a virtual-only meeting format. This solicitation of proxies is made on behalf of our board of directors. Capitalized terms used, but not defined, herein will have the meanings ascribed to them in our Annual Report on Form 10-K for the fiscal year ended June 30, 2023 (the “Annual Report”). Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting to be Held on Thursday, April 18, 2024 Pursuant to the rules adopted by the Securities and Exchange Commission (the “SEC”), we have elected to provide access to our proxy materials over the Internet. Accordingly, we are sending a Notice Regarding the Internet Availability of Proxy Materials (the “Internet Notice”) to our stockholders of record on February 28, 2024. We are also sending a paper copy of the proxy materials and proxy card to other stockholders of record who have indicated they prefer receiving such materials in paper form. Brokers and other nominees who hold shares on behalf of beneficial owners will be sending their own similar Internet Notice. Such Internet Notice, or this proxy