Renaissance Capital logo

Flux Power Holdings

Priced, Nasdaq: FLUX

Manufactures and sells lithium-ion batteries and storage solutions.

Industry: Industrials

First Day Return: +5.0%

We design, develop and sell advanced rechargeable lithium-ion energy storage solutions for lift trucks, airport ground support equipment and other industrial motive applications. With a decade of experience in lithium-ion technology, we believe our “LiFT” battery packs, including our proprietary battery management system, provide our customers with a better performing, cheaper and more environmentally friendly alternative, in many instances, to traditional lead-acid and propane-based solutions. We have prioritized achieving Underwriters Laboratory (UL) Listing for our Lift pack products. We believe that a UL Listing demonstrates the safety, reliability and durability of our products and gives us an important competitive advantage over other lithium-ion energy suppliers. Our LiFT packs have been approved for use by leading industrial motive manufacturers, including Toyota Material Handling USA, Inc., Crown Equipment Corporation, and Raymond Corporation.
IPO Data
IPO Date 08/13/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $11
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Vista, CA, United States
Founded 1998
Employees at IPO 103
Website www.fluxpower.com

Flux Power Holdings (FLUX) Performance