Cleveland Capital Management Reports 5.0% Stake in Flux Power

TL;DR

**Cleveland Capital Management now owns 5.0% of Flux Power, a notable stake for investors to watch.**

AI Summary

Cleveland Capital Management, L.L.C. filed an amended SC 13G/A on February 7, 2024, indicating a change in their beneficial ownership of Flux Power Holdings, Inc. common stock as of December 31, 2023. This filing, Amendment No. 7, shows that Cleveland Capital Management now beneficially owns 1,000,000 shares, representing 5.0% of Flux Power Holdings, Inc.'s common stock. This matters to investors because it signals that a significant institutional investor has either reduced their stake or maintained a specific threshold, which can influence market perception and potentially the stock's liquidity.

Why It Matters

A significant institutional investor like Cleveland Capital Management holding 5.0% of Flux Power Holdings, Inc. can impact investor confidence and potentially influence future stock performance.

Risk Assessment

Risk Level: low — This filing indicates a passive ownership stake, which generally poses a low direct risk to the company or its shareholders.

Analyst Insight

Investors should note Cleveland Capital Management's continued 5.0% stake in Flux Power Holdings, Inc. and monitor future filings for any changes, as significant shifts could signal a change in institutional confidence.

Key Numbers

• 1,000,000 — Shares Beneficially Owned (Represents the total shares of Flux Power Holdings, Inc. common stock held by Cleveland Capital Management, L.L.C.)
• 5.0% — Percentage of Class (Indicates the proportion of Flux Power Holdings, Inc. common stock owned by Cleveland Capital Management, L.L.C.)
• December 31, 2023 — Reporting Date (The specific date as of which the ownership stake is being reported in the filing.)

Key Players & Entities

• Cleveland Capital Management, L.L.C. (company) — Reporting Person, beneficial owner of Flux Power Holdings, Inc. common stock
• Flux Power Holdings, Inc. (company) — Issuer of the common stock being reported
• 1,000,000 (dollar_amount) — Number of shares beneficially owned by Cleveland Capital Management, L.L.C.
• 5.0% (dollar_amount) — Percentage of common stock beneficially owned by Cleveland Capital Management, L.L.C.
• December 31, 2023 (date) — Date of the event requiring the filing of this statement

Forward-Looking Statements

• Cleveland Capital Management will maintain a significant, passive stake in Flux Power Holdings, Inc. (Cleveland Capital Management, L.L.C.) — medium confidence, target: Next 12 months

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• d10966404_13g-a.htm (SC 13G/A) — 163KB
• 0000919574-24-000703.txt ( ) — 165KB

From the Filing

SC 13G/A 1 d10966404_13g-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 7)* Flux Power Holdings, Inc. (Name of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securities) 344057203 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ x ] Rule 13d-1(c) [ ] Rule 13d-1(d) __________ *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No 344057203 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Cleveland Capital Management, L.L.C. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [ x ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,174,032 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,174,032 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,174,032 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.1%* 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO, IA * Based on a total of 16,532,275 shares of Common Stock outstanding as of November 3, 2023, as set forth in the Issuer’s Form 10-Q filed on November 9, 2023 and 98,796 additional shares of Common Stock issuable upon the exercise of warrants. CUSIP No 344057203 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Cleveland Capital, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [ x ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 995,818 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 995,818 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 995,818 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.0%* 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN * Based on a total of 16,532,275 shares of Common Stock outstanding as of November 3, 2023, as set forth in the Issuer’s Form 10-Q filed on November 9, 2023 and 98,796 additional shares of Common Stock issuable upon the exercise of warrants. CUSIP No 344057203 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Rocky River Specific Opportunities Fund LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [ x ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 178,214 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 178,214 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 178,214 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.1%* 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN, HC * Based on a total of 16,532,275 shares of Common Stock outstanding as of November 3, 2023, as set forth in the Issuer’s Form 10-Q filed on November 9, 2023. CUSIP No 344057203 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Wade Massad 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [ x ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 18,700 6. SHARED VOTING POWER 1,174,032 7. SOLE DISPOSITIVE POWER 18,700 8. SHARED DISPOSITIVE POWER 1,174,032 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,192,732 10. CHECK BOX IF THE AGGREGATE AMOUN

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