Dragonfly Energy Holdings Corp. 13D/A Filing

TL;DR

Denis Phares updated his 13D filing for Dragonfly Energy Holdings Corp. on Aug 13, 2024.

AI Summary

On August 13, 2024, Denis Phares filed an amendment (Amendment No. 2) to Schedule 13D for Dragonfly Energy Holdings Corp. This filing indicates a change in beneficial ownership of the company's common stock. The filing was made by Denis Phares, who is associated with the company.

Why It Matters

This filing provides updated information on significant beneficial ownership changes for Dragonfly Energy Holdings Corp., which can influence investor perception and stock trading.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant changes in ownership or control, which can lead to increased volatility.

Key Players & Entities

• Dragonfly Energy Holdings Corp. (company) — Subject company
• Denis Phares (person) — Filing person and authorized contact
• August 13, 2024 (date) — Date of event requiring filing
• Chardan NexTech Acquisition 2 Corp. (company) — Former company name

FAQ

Key Financial Figures

• $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

• formsc13da.htm (SC 13D/A) — 48KB
• 0001493152-24-047219.txt ( ) — 50KB

for additional information

Item 5 for additional information. Explanatory Note This Amendment No. 2 (this “ Amendment ”) amends and supplements the Schedule 13D filed by the Reporting Person with the Securities and Exchange Commission (the “ SEC ”) on October 12, 2022, as amended by Amendment No. 1 filed by the Reporting person with the SEC on February 6, 2024 (together, the “ Schedule 13D ”). Except as specifically provided herein, this Amendment does not modify or amend any of the information previously reported on the Schedule 13D. Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13D. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable. Item 3. Source and Amounts of Funds. Item 3 is hereby supplemented as follows: The Reporting Person acquired 567,407 restricted stock units (“ RSUs ”) that will be settled in shares of Common Stock that were issued by the Issuer on April 12, 2024, in connection with the Reporting Person’s services performed as Chief Executive Officer of the Issuer for no additional consideration. Item 5. Interest in Securities of the Issuer Item 5 of the Schedule 13D is amended and restated as follows: The information contained in rows 7, 8, 9, 10, 11 and 13 of the cover page of this Amendment and the information set forth in or incorporated by reference in Item 3 and Item 6 of this Amendment and the Schedule 13D, as applicable, is hereby incorporated by reference in its entirety into this Item 5. a) The Reporting Person directly owns 14,813,667 shares of Common Stock, and indirectly owns 1,217,906 shares of Common Stock through the Phares 2021 GRAT dated July 9, 2021, of which the Reporting Person is a trustee. The Reporting Person has also been granted (i) 177,313 options that have fully vested as of the filing date of this Schedule 13D (the “ Filing Date &rdq

View Full Filing

View this SC 13D/A filing on SEC EDGAR