Dragonfly Energy completes 1-for-9 reverse stock split effective Nov 22, 2024

Dragonfly Energy Holdings Corp.

Reverse stock split at 1:9 ratio; effective at market open on Nov 22, 2024.
Stockholders approved the split on Nov 12, 2024; board set ratio on Nov 11.
No fractional shares issued; any fractional shares rounded up to whole share.
CUSIP changed to 26145B304; ticker symbol DFLI unchanged.
Outstanding warrants and options adjusted proportionally per their terms.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Dragonfly Energy Holdings Corp.: Effected a one-for-nine reverse stock split of common stock via Certificate of Amendment to Articles of Incorporation (effective 2024-11-22).

Change: charter amendment
Effective: 2024-11-22

Exact text from the filing

On November 12, 2024, Dragonfly Energy Holdings Corp. (the “ Company ”) filed a Certificate of Amendment to the Company’s Articles of Incorporation with the Secretary of State of the State of Nevada (the “ Certificate of Amendment ”) to be effected at 6:00 a.m. Eastern Time on November 22, 2024, a one-for-nine reverse stock split (the “ Reverse Stock Split ”) of the Company’s issued and outstanding shares of common stock, par value $0.0001 per share (the “ Common Stock ”).

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Dragonfly Energy Holdings Corp. filing history →

Source: SEC EDGAR

accession 0001493152-24-047295

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