Highest-materiality recent filing
Dragonfly Energy Q1 net sales $9.7M, down 27%; adj EBITDA $(4.6)M; guides Q2 sales $13.2M
Q1 net sales $9.7M (-27% YoY); OEM $5.8M (-29%), DTC $3.7M (-26%).
Q4 2025 OEM sales grew 30% YoY to $8.1M; DTC declined 18% to $4.7M.
FY2025 net sales $58.6M (+16% YoY); net loss $69.9M ($14.80 per diluted share); OEM sales up 33.8%.
Dragonfly Energy enters $50M ATM equity distribution agreement with Canaccord Genuity
Up to $50 million of common stock may be offered and sold at the market through Canaccord Genuity.
Dragonfly Energy completes 1-for-10 reverse stock split; ticker remains DFLI
Effective Dec 18, 2025: each 10 old shares converted into 1 new share; cash paid for fractional shares.
Dragonfly Energy Q3 net sales $16.0M beats guidance; gross margin expands 710 bps
Q3 net sales $16.0M, up 25.5% YoY; OEM sales $10.7M (+44.3%); net loss $(11.1)M or $(0.20)/share.
Dragonfly Energy converts $25M term loan into Series B Preferred Stock
Issued $25M Series B Preferred (stated value $1,000/share) in exchange for $25M principal of Term Loan.
Dragonfly Energy regains Nasdaq compliance; monitoring period through Oct 2026
Received Nasdaq Hearings Panel letter on Oct 20, 2025 confirming regained compliance with minimum bid price and market value of listed securities requirements.
Repaid $45M of term loan from Oct 17 equity offering; issued $25M of 8% cash + 2% PIK Series B preferred convertible at $3.15/share.
Dragonfly Energy prices $55.4M offering; proposes restructuring of $92M term loan
Priced public offering of 36M shares at $1.35 and 5M pre-funded warrants at $1.3499 for gross $55.4M.
Dragonfly Energy launches $49M public offering and proposes debt restructuring
Offering of 36M shares at $1.35 and 5M pre-funded warrants at $1.3499, net proceeds ~$51.7M.
Reverse stock split authorized (1:2 to 1:50); Board to determine exact ratio.
Dragonfly Energy Q3 preliminary net sales $16.0M, beat guidance; 26% YoY growth
Preliminary Q3 net sales $16.0M, above $15.9M guidance; 26% YoY increase.
Dragonfly Energy prices $25M common stock offering at $1.25/sh; net proceeds ~$26.7M
Priced 20,000,000 shares at $1.25/sh; underwriters exercised option for 3,000,000 additional shares.
Dragonfly Energy Q2 net sales $16.2M (+23% YoY); guides Q3 sales ~$15.9M
OEM sales up 51% to $10.1M; DTC down 9% to $5.9M; gross margin 28.3% (+430 bps).
Dragonfly Energy prices $5.5M public offering of 21.98M shares at $0.25/share
Underwriting agreement with Canaccord Genuity for 21,980,000 shares at $0.25/share.
Preliminary Q2 net sales $16.2M, up 23% YoY; Adjusted EBITDA loss $(2.2)M vs guidance $(3.5)M.
Dragonfly Energy Settlement Eliminates Series A Preferred Stock and Related Obligations
Dragonfly Energy entered a Settlement and Release Agreement on July 20, 2025 with the holder of its Series A Convertible Preferred Stock.
Nasdaq grants Dragonfly Energy exception to Nov 10, 2025 to avoid delisting; milestones set
Exception to regain bid price >=$1.00 and MVLS >=$35M by Nov 10, 2025.
On June 11, 2025, Nasdaq notified Dragonfly Energy it is non-compliant with the $35M MVLS requirement for 30 consecutive days.
On May 30, 2025, Rick Parod resigned from the Board of Directors (the “Board”) of Dragonfly Energy Holdings Corp. (the “Company”), effective May 31, 2025.
Max materiality 0.85 · Median 0.70 · Most common event other_material