Flux Power Holdings ( (FLUX) ) has shared an update.
On March 10, 2025, Flux Power Holdings announced the retirement of Ronald F. Dutt from his roles as director, Chairman, CEO, and President, with Dale T. Robinette and Krishna Vanka appointed as the new Chairman and CEO, respectively. Vanka, with extensive experience in renewable energy and technology sectors, is expected to lead the company towards growth and innovation. The company also set May 28, 2025, for its Annual Meeting of Stockholders, advancing the date by more than 30 days from the previous year, and outlined new deadlines for stockholder proposals.
More about Flux Power Holdings
Flux Power Holdings, Inc. is a leading developer of advanced lithium-ion energy storage solutions for the electrification of commercial and industrial equipment. The company designs, manufactures, and sells lithium-ion battery packs, which include a proprietary battery management system and telemetry, offering a more environmentally friendly alternative to traditional lead acid and propane-based solutions. Flux Power focuses on sectors such as material handling, airport ground support equipment, and stationary energy storage.
YTD Price Performance: -18.97%
Average Trading Volume: 83,335
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.52M
For an in-depth examination of FLUX stock, go to TipRanks’ Stock Analysis page.
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