---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-008733"
form_type: "8-K"
ticker: "DFLI"
cik: "0001847986"
company_name: "Dragonfly Energy Holdings Corp."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T05:00:06.541458+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Dragonfly Energy issued $1M unsecured convertible note to director Brian Nelson; repaid Feb 1

## Summary
- Issued $1,000,000 unsecured convertible promissory note to director Brian Nelson on Jan 24, 2024.
- Note was due and payable Feb 2, 2024; included a $50,000 loan fee.
- Company repaid the note and the loan fee on Feb 1, 2024, before maturity.
- Proceeds used for working capital and general corporate purposes.
- Note had option to repay with cash or shares at $0.47 per share minimum.

## SEC filing metadata
- accession: 0001493152-24-008733
- form_type: 8-K
- ticker: DFLI
- cik: 0001847986
- company_name: Dragonfly Energy Holdings Corp.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847986/000149315224008733/0001493152-24-008733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847986/000149315224008733/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-008733
- JSON: https://secwatch.observer/filing/0001493152-24-008733.json
- Plain text: https://secwatch.observer/filing/0001493152-24-008733.txt

## Key facts
- Material Agreements
  Dragonfly Energy Holdings Corp. entered into January Note with Brian Nelson valued at $1,000,000 (effective 2024-01-24).
  - Action: entry
  - Counterparty: Brian Nelson
  - Value: $1,000,000
  - Effective: 2024-01-24
  source text: On January 24, 2024, Dragonfly Energy Holdings Corp. (the “ Company ”) issued an unsecured convertible promissory note (the “ January Note ”) in the principal amount of $1,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847986/000149315224008733/0001493152-24-008733-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.