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.

The article Battery manufacturer Flux Power files for a $16 million Nasdaq uplisting originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.