secwatch.observer — SEC 8-K summary
======================================

Issuer:     Dragonfly Energy Holdings Corp. (DFLI)
CIK:        0001847986
Form:       8-K
Filed at:   2023-06-21T23:59:59+00:00
Accession:  0001493152-23-021997
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dragonfly Energy prices $20M public offering of 10M shares and warrants at $2.00 per unit
--------------------------------------------------------------------------------

- 10,000,000 shares + 10,000,000 warrants at combined price of $2.00 per unit.
- Gross proceeds approx. $20.0M; net proceeds ~$18.2M after underwriting discounts and expenses.
- Closing expected June 22, 2023; net proceeds for working capital and general corporate purposes.
- Warrants exercisable at $2.00/share for 5 years; underwriters' warrants at $2.50/share.
- Underwriters granted 45-day option for additional 1,500,000 shares/warrants; insider lock-up 90 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847986/000149315223021997/0001493152-23-021997-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847986/000149315223021997/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-021997

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer