secwatch.observer — SEC 8-K summary
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Issuer:     Dragonfly Energy Holdings Corp. (DFLI)
CIK:        0001847986
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001493152-24-008722
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dragonfly Energy issued $1.7M convertible note to director, repaid on March 1 maturity
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- Issued $1.7M unsecured convertible promissory note to director Brian Nelson in a private placement on Feb 27, 2024.
- Note matured March 1, 2024, with a $85,000 loan fee payable at maturity.
- Company repaid both the principal and loan fee in cash on March 1, 2024.
- Conversion option allowed repayment in common stock at $0.55/share under certain conditions.
- Proceeds used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847986/000149315224008722/0001493152-24-008722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847986/000149315224008722/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-008722

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