Monitor for updates on waiver or amendment negotiations with GBC. A failure to secure relief would likely trigger a sharp decline due to default risk and potential acceleration of $6.5M debt. Watch for any drawdown on the credit line or further covenant breaches.
Price Chart
Executive Summary
Flux Power Holdings failed to meet its minimum EBITDA covenant under its loan agreement with Gibraltar Business Capital as of March 31, 2026, triggering an Event of Default. The company is negotiating for a waiver or amendment, but faces risk of immediate repayment of its $6.5 million outstanding debt if unsuccessful. Lender has temporarily allowed continued access to the credit line.
Key Facts
- Company failed EBITDA financial covenant for the trailing three months ended March 31, 2026
- Event of Default triggered under Loan and Security Agreement with Gibraltar Business Capital, LLC (GBC)
- Outstanding loan balance as of March 31, 2026: approximately $6.5 million
- GBC may declare all obligations immediately due and terminate commitments at any time
- Company is negotiating for a covenant waiver or loan amendment
- GBC has temporarily allowed continued access to the line of credit during negotiations
Financial Impact
$6.5 million in debt could become immediately payable; potential liquidity crisis if waiver not obtained
Risk Factors
- Lender may cut off credit access or demand immediate repayment of $6.5M debt
- Inability to refinance or secure waiver could lead to bankruptcy or forced asset sale
- Continued operational losses increasing default risk
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-015053 |
| Document: 0001493152-26-015053-index-headers.html | 0001493152-26-015053 |
| Document: 0001493152-26-015053-index.html | 0001493152-26-015053 |
| Document: 0001493152-26-015053.txt | 0001493152-26-015053 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 27d ago | Press Release | $0.4509 | awaiting T+60 | — | $0.4198 (+6.90%) |
Sep 18, 2026 5w ago | 8-K | $0.5408 | awaiting T+60 | — | $0.4198 (+22.37%) |
Sep 11, 2026 6w ago | 8-K | $0.5510 | awaiting T+60 | — | $0.4198 (−23.81%) |
Aug 20, 2026 9w ago | Press Release | $0.5989 | awaiting T+60 | — | $0.4198 (+29.90%) |
May 22, 2026 22w ago | S-1 | $1.05 $0.7098 | ▲ +32.40% | ▲ +35.12% | $0.4198 (+60.02%) |
May 18, 2026 23w ago | 8-K | $1.00 $0.5837 | ▲ +41.63% | ▲ +46.48% | $0.4198 (+58.02%) |
Apr 29, 2026 25w ago | Press Release | $1.17 $0.5906 | ▼ −49.52% | ▼ −53.63% | $0.4198 (−64.12%) |
Apr 3, 2026 29w ago | 8-K | $1.17 $0.9700 | ▲ +17.09% | ▲ +30.56% | $0.4198 (+64.12%) |
US Market Status
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