Nasdaq grants Dragonfly Energy exception to Nov 10, 2025 to avoid delisting; milestones set

Dragonfly Energy Holdings Corp.

Exception to regain bid price >=$1.00 and MVLS >=$35M by Nov 10, 2025.
Must convert all remaining preferred stock to common by July 18, 2025.
Must restructure or convert portion of outstanding debt by mid-August 2025.
Previously received delisting notices on May 14 (bid price) and June 11 (MVLS).
If milestones or compliance not met by Nov 10, securities will be delisted.

item 3.01

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