secwatch.observer — SEC 8-K summary
======================================

Issuer:     Dragonfly Energy Holdings Corp. (DFLI)
CIK:        0001847986
Form:       8-K
Filed at:   2025-06-13T23:59:59+00:00
Accession:  0001641172-25-015095
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Dragonfly Energy receives additional Nasdaq delisting notice for MVLS non-compliance; hearing June 24
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847986/000164117225015095/0001641172-25-015095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847986/000164117225015095/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-015095

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer