Dragonfly Energy Holdings Corp. Files 8-K

TL;DR

DFLI 8-K filed: Warrant exercise price $11.50, subject to adjustment.

AI Summary

Dragonfly Energy Holdings Corp. filed an 8-K on April 22, 2024, reporting an event on April 19, 2024. The filing indicates changes related to its common stock and redeemable warrants, specifically mentioning the exercise price of $11.50 per share for warrants, subject to adjustment. The company was formerly known as Chardan NexTech Acquisition 2 Corp. before changing its name on February 25, 2021.

Why It Matters

This filing provides an update on the terms of Dragonfly Energy's redeemable warrants, which could impact existing shareholders and potential investors by clarifying the conditions for warrant exercise.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting an event and does not disclose significant new risks or material adverse changes.

Key Numbers

• $11.50 — Warrant Exercise Price (This is the price at which redeemable warrants can be exercised for common stock.)

Key Players & Entities

• Dragonfly Energy Holdings Corp. (company) — Registrant
• Chardan NexTech Acquisition 2 Corp. (company) — Former company name
• April 19, 2024 (date) — Earliest event date
• $11.50 (dollar_amount) — Warrant exercise price

FAQ

Key Financial Figures

• $0.0001 — ch registered Common stock, par value $0.0001 per share DFLI The Nasdaq Global Ma
• $11.50 — or common stock at an exercise price of $11.50 per share, subject to adjustment DFLI

Filing Documents

• form8-k.htm (8-K) — 37KB
• 0001493152-24-015569.txt ( ) — 253KB
• dfli-20240419.xsd (EX-101.SCH) — 4KB
• dfli-20240419_def.xml (EX-101.DEF) — 26KB
• dfli-20240419_lab.xml (EX-101.LAB) — 36KB
• dfli-20240419_pre.xml (EX-101.PRE) — 25KB
• form8-k_htm.xml (XML) — 6KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 19, 2024 DRAGONFLY ENERGY HOLDINGS CORP. (Exact name of registrant as specified in its charter) Nevada 001-40730 85-1873463 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 1190 Trademark Drive , #108 Reno , Nevada 89521 (Address of principal executive offices) (Zip Code) (775) 622-3448 Registrant's telephone number, including area code N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.0001 per share DFLI The Nasdaq Global Market Redeemable warrants, exercisable for common stock at an exercise price of $11.50 per share, subject to adjustment DFLIW The Nasdaq Capital Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 8.01. Other Events. The employment of John Marchetti, the Senior Vice President, Operations, of Dragonfly Energy Holdings Corp. (the "Company"), was terminated on April 19, 2024. Prior to serving as the Company's Senior Vice President, Operations, Mr. Marchetti served as the Company's Chief Financial Officer from September 2021 to August 2023. Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DRAGONFLY ENERGY HOLDINGS CORP. Dated: April 22, 2024 By: /s/ Denis Phares Name: Denis Phares Title: Chief Executive Officer, Interim Chief Financial Officer and President

View Full Filing

View this 8-K filing on SEC EDGAR