Flux Power Rejects Unsolicited Proposal from Solidion Technology, Inc.

Flux Power's Board unanimously rejected Solidion Technology's unsolicited, non-binding acquisition proposal announced September 30, 2026, concluding it substantially undervalues the company. The Board cited turnaround momentum: Q4 FY2026 operating expenses were cut 33% year-over-year, a new major OEM was certified, and AI-driven SkyEMS 3.0 was launched, plus a new Robotics vertical with a large global technology company.

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