Dragonfly Energy receives additional 180-day Nasdaq compliance period; listing moves to Capital Market

Dragonfly Energy Holdings Corp.

Nasdaq extended compliance deadline for minimum bid price to December 6, 2024.
Common stock transfers from Nasdaq Global Market to Nasdaq Capital Market effective June 12, 2024.
Company will consider a reverse stock split to regain compliance if needed.
Failure to regain compliance could lead to delisting; no assurance of success.

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