Flux Power Holdings, which manufactures and sells lithium-ion batteries and storage solutions, filed on Friday with the SEC to raise up to $16 million in a Nasdaq uplisting.
The Vista, CA-based company was founded in 1998 and booked $7 million in sales for the 12 months ended March 31, 2019. It plans to list on the Nasdaq under the symbol FLUX. Roth Capital and Maxim Group LLC are the joint bookrunners on the deal. No pricing terms were disclosed.