Flux Power Holdings, Inc. Announces Results of 2026 Annual Meeting of Shareholders

Flux Power Holdings, Inc. (NASDAQ: FLUX), a manufacturer of advanced lithium-ion battery packs for industrial and commercial equipment, has released the results of its Annual Meeting of Stockholders held on March 26, 2026. This report provides an in-depth overview of the key matters addressed at the meeting, which may be of significant interest to both current and prospective shareholders.

Key Points from the 2026 Annual Meeting

• Annual Meeting Date: March 26, 2026
• Record Date: February 2, 2026
• Shares Outstanding: 21,340,135 shares of common stock
• Shares Represented: 14,117,593 shares present in person or by proxy (quorum achieved)

Matters Submitted and Voting Results

The following proposals were submitted to shareholders for voting:

1. Election of Directors:
   • Krishna Vanka
   • Dale T. Robinette
   • Michael Johnson
   • Lisa Walters-Hoffert
   • Mark F. Leposky

   All nominated directors were elected and will serve until the 2027 annual meeting or until their successors are elected or appointed. The continuity in board leadership may signal ongoing stability in governance, which can be reassuring for investors.

2. Ratification of Independent Auditor:
   • Haskell & White LLP was ratified as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2026.

   The ratification of the accounting firm is a standard but important procedure, as it ensures the integrity and reliability of the company’s financial reporting. The voting results indicated strong shareholder support for this proposal, with no broker non-votes recorded.

Potentially Price-Sensitive Information

• Director Elections: The re-election of the existing board members, all of whom have served with distinction, suggests no major shake-up in management or strategy. However, investors often monitor board changes closely, as they can signal shifts in corporate direction or priorities.
• Auditor Ratification: The continued engagement of Haskell & White LLP, known for their expertise in public company audits, reinforces the confidence in Flux Power’s financial controls and reporting. Any change in auditor could be price-sensitive, but the ratification here maintains the status quo.
• Emerging Growth Company Status: The company confirmed it is not an emerging growth company under SEC rules, which may affect how it complies with regulatory and accounting standards. This status can influence investor perceptions regarding risk and regulatory burdens.

Other Information

• Common Stock Details: Flux Power Holdings’ common stock (\$0.001 par value per share) continues to be traded under the symbol “FLUX” on the Nasdaq Global Market.
• No Written Communications, Soliciting Material, or Tender Offers: The filing confirms that there were no written communications under Rule 425, no soliciting material under Rule 14a-12, and no pre-commencement tender offers under Rules 14d-2(b) or 13e-4(c). This implies no pending merger or acquisition activity or extraordinary corporate actions.

What Shareholders Should Know

For investors, the main takeaways are:

• All board members were re-elected, maintaining continuity in leadership.
• Haskell & White LLP will continue as the independent auditor, ensuring reliable financial oversight.
• No significant corporate actions, such as mergers, acquisitions, or tender offers, were announced.
• The company is not classified as an emerging growth company, which may influence its regulatory and accounting obligations.

Conclusion

While the annual meeting did not feature any dramatic changes or extraordinary events, the confirmation of leadership and auditor stability, as well as the absence of major corporate actions, should reassure investors about the company’s ongoing operations and governance. This stability, together with continued compliance with Nasdaq listing standards, may be viewed positively by the market. However, as no new strategic initiatives or transformative actions were announced, the news is unlikely to significantly move the share price in the immediate term.

Disclaimer

The information provided above is based on the official SEC filing by Flux Power Holdings, Inc. dated March 27, 2026. This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with their financial advisors before making any investment decisions.

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