Dragonfly Energy closes $4.5M preferred stock placement; authorized shares increased to 400M

Dragonfly Energy Holdings Corp.

On April 28, 2025, second closing of private placement sold 450 Series A Preferred shares at $10,000 each, raising $4.5M.
Preferred shares convertible into common at $0.594 per share; floor price set at $0.10902.
Authorized common stock increased from 250M to 400M shares via certificate amendment effective April 25, 2025.
Stockholders approved greater-than-20% share issuances underlying warrants and preferred shares at special meeting on April 25.
Securities sold without registration under Section 4(a)(2) of Securities Act and Rule 506.

item 3.02 item 8.01 item 5.03 item 5.07 item 9.01

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Dragonfly Energy Holdings Corp.: Increased authorized common stock from 250,000,000 to 400,000,000 shares (effective 2025-04-25).

Change: charter amendment
Effective: 2025-04-25

Exact text from the filing

On April 25, 2025, Dragonfly Energy Holdings Corp. (the " Company ") filed a Certificate of Amendment (the " Amendment ") to the Company’s Articles of Incorporation with the Secretary of State of the State of Nevada to increase the number of authorized shares of the Company’s common stock, par value of $0.0001 per share (" Common Stock ") from 250,000,000 shares to 400,000,000 shares.

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Dragonfly Energy Holdings Corp. filing history →

Source: SEC EDGAR

accession 0001641172-25-006463

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