FLUX POWER HOLDINGS, INC. (OTCMKTS:FLUX) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01     Entry Into A Material Definitive Agreement.

On March 2, 2017, Flux Power Holdings, Inc. (the “Company”), and its shareholder, Mr. Scott Kiewit, amended an oral loan agreement originally entered into on February 1, 2017 and amended on February 15, 2017 (the “Loan Agreement”) to increase the loan amount from $350,000 to $500,000 (the “Loan”). As of March 7, 2017, the Company has borrowed a total of $500,000 from Mr. Kiewit and is in the process of negotiating the terms of the Loan which the parties intend to formalize in a written agreement. The Loan Agreement was initially reported on Form 8-K on February 9, 2017.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information disclosed in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

About FLUX POWER HOLDINGS, INC. (OTCMKTS:FLUX)

Flux Power Holdings, Inc., designs, develops and sells rechargeable advanced lithium-ion batteries for industrial uses, including UL 2771 Listed lithium-ion LiFT Pack forklift batteries. The Company offers a high power battery cell management system (BMS). Its BMS provides three functions to its battery systems: cell balancing, performed by adjusting the capacity of each cell in a storage system according to temperature, voltage, and internal impedance metrics; monitoring, performed by way of a physical connection to individual cells for monitoring voltage and performing calculations from basic metrics to determine remaining capacity and internal impedance, and error reporting, performed by analyzing data from monitoring each individual cell and making decisions on whether the individual cell or the system is operating out of normal specifications. Using its battery management technology, it offers integrated energy storage solutions or custom modular standalone systems to its clients.

FLUX POWER HOLDINGS, INC. (OTCMKTS:FLUX) Recent Trading Information

FLUX POWER HOLDINGS, INC. (OTCMKTS:FLUX) closed its last trading session up +0.0030 at 0.0535 with 10,150 shares trading hands.