Nasdaq Sends Delisting Notice as Flux Power Stock Dips Below $1.00
FLUX sits 17% above its 52-week low of $0.47.
Summary
A Nasdaq delisting notice gives Flux Power 180 days to restore its stock price above $1.00, adding urgency to a situation already marked by financial distress and heavy dilution from an active equity line.
Key Events · Legal and Risk Events · FLUX
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Nasdaq Delisting Notice Received
On July 24, 2026, Nasdaq notified Flux Power that its stock had closed below the $1.00 minimum bid price for 30 consecutive business days, triggering a deficiency under Listing Rule 5550(a)(2).
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180-Day Compliance Period
The company has until approximately January 20, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. An additional 180-day extension may be available if certain conditions are met.
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Severe Financial Distress Context
The delisting notice follows a 61% revenue decline, going concern warning, and debt covenant default reported in May 2026. The company is currently selling shares under a $40 million equity line, which is actively diluting existing shareholders.
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Delisting Risk if Non-Compliant
If Flux Power fails to regain compliance by the end of the compliance period (or any extension), its common stock will be subject to delisting from the Nasdaq Capital Market, which would severely reduce liquidity and access to capital.
Analysis · FLUX · Manufacturing
A Nasdaq delisting notice landed on July 24, 2026, after Flux Power's stock closed below $1.00 for 30 consecutive business days. The company now has 180 days to regain compliance by sustaining a closing bid price of at least $1.00 for 10 consecutive business days. This development arrives amid severe financial distress: a 61% revenue decline, a going concern warning, a debt covenant default, and an active $40 million equity line that is already diluting shareholders. The notice intensifies pressure to reverse the stock's slide or risk removal from the Nasdaq Capital Market, which would further impair liquidity and access to capital.
At the time of this filing, FLUX was trading at $0.55 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $11.5M. The 52-week trading range was $0.47 to $7.55. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.