secwatch.observer — SEC 8-K summary
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Issuer:     Dragonfly Energy Holdings Corp. (DFLI)
CIK:        0001847986
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0001493152-24-050537
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Dragonfly Energy receives Nasdaq delisting notice for MVLS non-compliance
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- Nasdaq notice on Dec 12, 2024: MVLS below $35M for 30 consecutive business days.
- Company also fails alternative standards: stockholders' equity <$2.5M and net income <$500k.
- 180-day compliance period ends June 10, 2025; MVLS must be ≥$35M for 10 consecutive days.
- No immediate effect on listing; DFLI and DFLIW continue trading on Nasdaq.
- Company may consider options but cannot assure regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847986/000149315224050537/0001493152-24-050537-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847986/000149315224050537/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050537

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