![]() The newly designed product portfolio includes new Flux Power models for order pickers, 36-volt narrow aisle trucks, and a broad range of GSE vehicles with heavy-duty battery packs optimized to deliver peak performance. “Safety and durability will always be our highest priorities, and the UL Solutions Listed label underscores our company values and due diligence to ensure that all products undergo independent third-party testing and validation for safety, performance, and stability.” “As we expand relationships with large fleets, the UL Solutions compliance investigation and subsequent UL Listed designation demonstrates our market leadership and commitment to developing the highest quality lithium-ion battery packs on the market for our Fortune 500 customers,” said CEO Ron Dutt. The new Flux Power G2 Series platform introduces a line of heavy-duty battery packs with safe, stable lithium iron phosphate chemistry. ![]() ![]() (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced it has completed UL Solutions compliance testing to obtain third-party, science-backed certification for its next-generation clean energy battery technology. No cash balance or cash flow is included in the calculation.Flux Power Holdings, Inc. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
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