09:40 AM EDT, 09/16/2025 (MT Newswires) -- Flux Power ( FLUX ) said Tuesday it closed a $5 million private placement of around 258,000 prefunded warrants and 1.2 common warrants.
The proceeds are expected to be used for working capital and general corporate purposes, the company said.
Each prefunded warrant allows the purchase of one share of the company's series A convertible preferred stock or the series A preferred stock for $0.001 per share, Flux said.
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