---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-025664"
form_type: "8-K"
ticker: "DFLI"
cik: "0001847986"
company_name: "Dragonfly Energy Holdings Corp."
filed_at: "2024-07-01T23:59:59+00:00"
generated_at: "2026-06-01T00:10:20.839761+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Dragonfly Energy obtains waiver of Q2 2024 financial covenants, issues penny warrants for 2.1M shares

## Summary
- Waived Senior Leverage Ratio and Fixed Charge Coverage Ratio tests for quarter ending June 30, 2024.
- Issued penny warrants for 2,100,000 shares at $0.01 per share, immediately exercisable for 10 years.
- Liquidity requirement lowered to $3.5M as of June 30, 2024, then $10.0M monthly from July 31, 2024 onward.
- Interest on July 1, 2024 payment date to be paid-in-kind; cash interest resumes after October 1, 2024.

## SEC filing metadata
- accession: 0001493152-24-025664
- form_type: 8-K
- ticker: DFLI
- cik: 0001847986
- company_name: Dragonfly Energy Holdings Corp.
- filed_at: 2024-07-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847986/000149315224025664/0001493152-24-025664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847986/000149315224025664/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-025664
- JSON: https://secwatch.observer/filing/0001493152-24-025664.json
- Plain text: https://secwatch.observer/filing/0001493152-24-025664.txt

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