secwatch.observer — SEC 8-K summary
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Issuer:     Dragonfly Energy Holdings Corp. (DFLI)
CIK:        0001847986
Form:       8-K
Filed at:   2026-07-31T11:35:37+00:00
Accession:  0001493152-26-035543
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dragonfly Energy acquires Dakota Lithium assets for $4M; expects Q4 2026 EBITDA accretion
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- Acquired Dakota Lithium brand assets for $4M ($1M cash + $3M stock at $2/share, 1.5M shares) from Clean Liquidation, LLC.
- Dakota Lithium generated ~$12M net revenue in 2025; acquisition expected to be accretive to Adjusted EBITDA starting Q4 2026.
- Concurrent term loan amendment: interest rate increased to 14% (PIK through Dec 2026), minimum liquidity covenant reduced to $4M-$5M, preserving ~$1M liquidity.
- Shares issued subject to 12-month lock-up; acquisition expands Dragonfly's reach into marine, outdoor rec, powersports, golf cart markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847986/000149315226035543/0001493152-26-035543-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847986/000149315226035543/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-035543

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