---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-018249"
form_type: "8-K"
ticker: "DFLI"
cik: "0001847986"
company_name: "Dragonfly Energy Holdings Corp."
filed_at: "2025-10-16T23:59:59+00:00"
generated_at: "2026-05-17T03:35:42.799889+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dragonfly Energy launches $49M public offering and proposes debt restructuring

## Summary
- Offering of 36M shares at $1.35 and 5M pre-funded warrants at $1.3499, net proceeds ~$51.7M.
- Proceeds to repay $45M of Term Loan, fund working capital, and invest in battery tech.
- Restructuring: convert $25M debt to preferred convertible at $3.15, 8% cash + 2% PIK dividend.
- Lenders forgive $5M; remaining $17M at 12% due Oct 2027; $5M liquidity covenant.
- Non-binding; closing expected Oct 17, 2025; underwriter option for 6.15M additional shares.

## SEC filing metadata
- accession: 0001493152-25-018249
- form_type: 8-K
- ticker: DFLI
- cik: 0001847986
- company_name: Dragonfly Energy Holdings Corp.
- filed_at: 2025-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847986/000149315225018249/0001493152-25-018249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847986/000149315225018249/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-018249
- JSON: https://secwatch.observer/filing/0001493152-25-018249.json
- Plain text: https://secwatch.observer/filing/0001493152-25-018249.txt

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