---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-000307"
form_type: "8-K"
ticker: "DFLI"
cik: "0001847986"
company_name: "Dragonfly Energy Holdings Corp."
filed_at: "2025-01-03T23:59:59+00:00"
generated_at: "2026-05-28T15:48:38.047326+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dragonfly avoids Q4 default via loan amendment; grants 350K penny warrants at $0.01

## Summary
- Waived Senior Leverage and Fixed Charge Coverage tests for Q4 2024, preventing default.
- Issued penny warrants for 350,000 shares at $0.01/share to lenders as consideration.
- Must seek shareholder OK for up to 1,400,000 more shares underlying additional warrants.
- Jan 1, 2025 interest payment entirely payable in-kind (PIK).
- Minimum liquidity reduced to $3.5M for Dec 31, 2024; rises to $10M from Jan 31, 2025.

## SEC filing metadata
- accession: 0001493152-25-000307
- form_type: 8-K
- ticker: DFLI
- cik: 0001847986
- company_name: Dragonfly Energy Holdings Corp.
- filed_at: 2025-01-03T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847986/000149315225000307/0001493152-25-000307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847986/000149315225000307/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-000307
- JSON: https://secwatch.observer/filing/0001493152-25-000307.json
- Plain text: https://secwatch.observer/filing/0001493152-25-000307.txt

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