Item 5. Market for Registrant’s Common Equity
ITEM
5 - MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market
for Common Stock
Our
common stock is traded on the Nasdaq Capital Market under the symbol “FLUX.”
Holders
of Record of Common Stock
As
of January 3, 2025, we had approximately 1,361 stockholders of record for our common stock. The foregoing number of stockholders of
record does not include an unknown number of stockholders who hold their stock in “street name.”
Dividend
Policy
We
have never declared or paid cash dividends on our common stock. We presently do not expect to declare or pay such dividends in the foreseeable
future and expect to reinvest all undistributed earnings to expand our operations, which the management believes would be of the most
benefit to our stockholders. The declaration of dividends, if any, will be subject to the discretion of our Board of Directors, which
may consider such factors as our results of operations, financial condition, capital needs and acquisition strategy, among others.
Recent
Sales of Unregistered Securities
Unregistered
securities sold by the Company during the period covered by this report have been previously reported in a Quarterly Report on Form 10-Q
or Current Report on Form 8-K.
Purchases
of Equity Securities
None.
Equity
Compensation Plan Information
The
following table provides certain information with respect to our equity compensation plans in effect as of June 30, 2024:
Number of securities to be issued upon exercise of outstanding options, and settlement of RSUs
(a)
Weighted-average exercise price of outstanding options, and issuance price of RSUs
(b)
Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column a)
(c)
Equity
compensation plans approved by shareholders (1)
596,983
$ 6.64
89,922
Equity compensation plans
approved by shareholders (2)
1,122,743
$ 3.41
777,551
Equity compensation plans
approved by shareholders (3)
-
-
312,457
Total
1,719,726
$ 4.53
1,179,930
(1)
Represents
shares of common stock reserved for issuance under the 2014 Equity Incentive Plan (the “2014 Plan”) which was approved
by our shareholders on February 17, 2015, and was amended on October 25, 2017.
(2)
Represents
shares of common stock reserved for issuance under the 2021 Equity Incentive Plan (the “2021 Plan”) which was approved
by our shareholders on April 29, 2021.
(3)
Represents
the number of shares of common stock reserved as authorized for the grant of options under the Flux Power Holdings, Inc. 2023 Employee
Stock Purchase Plan (the “2023 ESPP”), which was approved by our shareholders on April 20, 2023.
ITEM
6 - RESERVED
Not
Applicable.
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