Flux Power Holdings Inc logo

FLUX - Flux Power Holdings Inc News Story

$8.53 -0.4  -4.7%

Last Trade - 14/05/21

Sector
Industrials
Size
Small Cap
Market Cap £80.9m
Enterprise Value £80.3m
Revenue £15.9m
Position in Universe 5019th / 6851

BUZZ-Flux Power: Falls after filing $50 mln mixed shelf offering

Mon 19th October, 2020 5:37pm
** Lithium-ion energy storage provider's shares  FLUX.O 
down ~8% at $9.59; on track for a third consecutive day of
decline
    ** Co files for mixed shelf of up to $50 million, according
to a regulatory filing from Friday after market (https://bit.ly/37cCZEn)
    ** In addition, prospectus also covers resale by certain
selling shareholders of up to 1.14 mln shares of common stock
    ** Co will not receive any of the proceeds from the sale of
shares by the selling shareholders
    ** Stock up 1.2% YTD

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776))
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