Dragonfly Energy Holdings Corp. Files 8-K

TL;DR

DFLI filed an 8-K on 5/20/24, reporting a material definitive agreement and financial exhibits.

AI Summary

Dragonfly Energy Holdings Corp. (DFLI) entered into a Material Definitive Agreement on May 20, 2024. The filing also includes financial statements and exhibits. The company was formerly known as Chardan NexTech Acquisition 2 Corp. and changed its name on February 25, 2021.

Why It Matters

This 8-K filing indicates a significant event or agreement for Dragonfly Energy Holdings Corp., which could impact its business operations and financial standing.

Risk Assessment

Risk Level: low — This filing is a standard 8-K report detailing a material definitive agreement and financial exhibits, without immediate news of significant financial distress or major strategic shifts.

Key Players & Entities

• Dragonfly Energy Holdings Corp. (company) — Registrant
• Chardan NexTech Acquisition 2 Corp. (company) — Former company name
• May 20, 2024 (date) — Date of earliest event reported
• February 25, 2021 (date) — Date of name change

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
• $150,000,000 — LLC in connection with its outstanding $150,000,000 equity facility to sell shares of the C

Filing Documents

• form8-k.htm (8-K) — 45KB
• ex10-1.htm (EX-10.1) — 432KB
• 0001493152-24-020704.txt ( ) — 787KB
• dfli-20240520.xsd (EX-101.SCH) — 4KB
• dfli-20240520_def.xml (EX-101.DEF) — 26KB
• dfli-20240520_lab.xml (EX-101.LAB) — 36KB
• dfli-20240520_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): May 20, 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 1.01. Entry Into a Material Definitive Agreement. On May 20, 2024, Dragonfly Energy Holdings Corp. (the " Company ") entered into an amended and restated ChEF purchase agreement (the " A&R Purchase Agreement ") with Chardan Capital Markets LLC in connection with its outstanding $150,000,000 equity facility to sell shares of the Company's common stock, par value $0.0001 per share, to update the volume weighted average price purchase mechanics of the equity facility to permit Intraday VWAP Purchases (as defined in the A&R Purchase Agreement). The foregoing description of the A&R Purchase Agreement is a summary only and is qualified in its entirety by the full text of the A&R Purchase Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1# Amended and Restated ChEF Purchase Agreement, by and between Chardan Capital Markets LLC and Dragonfly Energy Holdings Corp., dated May 20, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). # Portions of schedules and exhibits to the agreement have been omitted pursuant to Item 601(b)(2) of Regulation S-K. A copy of any omitted schedule and/or exhibit will be furnished to the Securities and Exchange Commission upon request. 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: May 20, 2024 By: /s/ Denis Phares Name: Denis Phares Title: Chief Executive Officer, Interim Chief Financial Officer and President

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View this 8-K filing on SEC EDGAR