Dragonfly Energy wins Nasdaq extension to Dec 31 to cure $184,000 stockholders' deficit

Dragonfly Energy Holdings Corp.

• Nasdaq Staff granted an extension through December 31, 2026 to regain compliance with the $2.5M minimum stockholders' equity rule, Listing Rule 5550(b)(1).
• Company reported a stockholders' deficit of $(184,000) at June 30, 2026 and failed the alternatives: $35M market value of listed securities or $500K net income.
• Dragonfly submitted its compliance plan to Nasdaq on October 5, 2026; the Staff notified the company of the extension on October 22, 2026.
• By December 31, 2026 the company must furnish the SEC and Nasdaq a public report evidencing compliance, or face delisting and a possible hearings-panel appeal.
• CEO Denis Phares, who is also interim CFO and President, signed the report dated October 23, 2026.