IPO - Dragonfly Energy Holdings Corp.

Form Type: S-3

Filing Date: 2025-02-03

Corporate Action: Ipo

Type: New

Accession Number: 000149315225004680

Filing Summary: Dragonfly Energy Holdings Corp. has filed a registration statement under the Securities Act of 1933 for the resale of up to 1,412,158 shares of its common stock, which can be exercised through various outstanding penny warrants. This includes shares originating from the Original Penny Warrants, December 2023, May 2024, June 2024, September 2024, and December 2024 Waiver Shares, highlighting the expected continuous sale of these shares post-effective registration. The Company manufactures lithium-ion batteries targeted at specific markets including RVs and marine applications and has implemented a reverse stock split on November 22, 2024, at a 1-for-9 ratio. Currently, the common stock is traded under the symbol “DFLI” on the Nasdaq Capital Market. This filing aims to provide the selling stockholders with the ability to resell their shares at various prices and does not entail proceeds from sales directly to the company. The document emphasizes the company's continuous growth and developments in its product lines and manufacturing processes, including innovative dry-electrode technology and solid-state battery advancements.

Document Link: View Document