Dragonfly Energy Holdings Corp. (DFLI): Nasdaq/NYSE listing notice — Dragonfly Energy receives additional Nasdaq delisting notice for MVLS non-compliance; hearing June 24

Dragonfly Energy Holdings Corp.

On June 11, 2025, Nasdaq notified Dragonfly Energy it is non-compliant with the $35M MVLS requirement for 30 consecutive days.
Company also fails the alternative listing standards: stockholders' equity of $2.5M or net income of $500K from continuing operations.
Previously disclosed non-compliance with $1.00 minimum bid price rule (May 14, 2025).
A hearing with the Nasdaq Hearings Panel is scheduled for June 24, 2025, to request an extension for both deficiencies.
Common stock (DFLI) and warrants (DFLIW) continue trading on Nasdaq pending the hearing outcome.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.92

Dragonfly Energy Holdings Corp. received a nasdaq delisting notice notice regarding market value (rules 5550(b)(2), 5810(d), 5550(a)(2)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: market value
Rules: 5550(b)(2), 5810(d), 5550(a)(2)

Exact text from the filing

June 11, 2025, Dragonfly Energy Holdings Corp. (the “Company”) received an additional staff determination letter (the “MVLS Letter”) from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the Company’s non-compliance with Nasdaq Listing Rule 5550(b)(2), which requires the Company to maintain a minimum Market Value of Listed Securities (“MVLS”) of $35 million for continued listing on The Nasdaq Capital Market (the “MVLS Requirement”) for the 30 consecutive business days preceding receipt of the MVLS Letter, the Staff has determi

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Dragonfly Energy Holdings Corp. filing history →

Source: SEC EDGAR

accession 0001641172-25-015095

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