UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): (May 27, 2013)
FLUX POWER HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
|
Nevada (State or Other Jurisdiction of Incorporation) |
000-25909 (Commission File Number) |
86-0931332 (IRS Employer Identification No.) |
|
2240 Auto Park Way, Escondido, California (Address of Principal Executive Offices) |
92029 (Zip Code) |
877-505-3589
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) Effective May 27, 2013, Chris Anthony, CEO and Ron Dutt, CFO have agreed to a temporary reduced salary of $2,776 per month each from $16,750 and $14, 166, respectively. This reduction will remain in effect until cash flow from operations improves, additional financing is secured, and/or until the Board of Directors approves subsequent changes. All other terms of Messrs. Anthony’s and Dutt’s employment agreements, dated October 20, 2009 and December 11, 2012, respectively, remain unchanged.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Flux Power Holdings, Inc., | |
| A Nevada Corporation | |
| Dated: June 3, 2013 | /s/ Ronald Dutt |
| Ronald Dutt, Chief Financial Officer |
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