Dragonfly Energy Holdings CORP 8-K filings

Dragonfly Energy Holdings Corp. reports the resignation of two board members, Dr. Karina Montilla Edmonds and Mr. Jonathan Bellows, as part of a cost-cutting initiative, reducing the board size to five directors.

Dragonfly Energy Holdings Corp. announces the filing of a Certificate of Amendment to increase authorized common stock shares and the results of a special meeting where stockholders approved key proposals.

Dragonfly Energy reports preliminary Q1 2025 net sales of $13.4 million and adjusted EBITDA of $(3.6) million, exceeding previous guidance.

Dragonfly Energy reports a 17% increase in fourth-quarter revenue driven by OEM growth, alongside a debt restructuring and the launch of a corporate optimization program.

Dragonfly Energy resolves a patent dispute with LithiumHub for $2.5 million and introduces the Battle Born DualFlow Power Pack, designed to cut fuel costs and extend battery life in long-haul trucks.

Dragonfly Energy announces a debt restructuring and a $3.5 million capital raise to enhance financial flexibility and liquidity.

Dragonfly Energy Holdings Corp. has appointed Dr. Vickram Singh, previously Senior Vice President of Technology, as its new Chief Operating Officer, effective February 4, 2025.

Dragonfly Energy Holdings Corp. has amended its loan agreement, issuing penny warrants and securing shareholder support to waive financial ratio tests.

Dragonfly Energy Holdings Corp. has received a notice from Nasdaq for not meeting the minimum market value of listed securities requirement, placing its listing status at risk.

Dragonfly Energy Holdings Corp. has successfully regained compliance with Nasdaq's minimum bid price requirement, resolving a prior non-compliance issue.

Dragonfly Energy Holdings Corp. has completed a one-for-nine reverse stock split of its common stock, effective November 22, 2024.

Dragonfly Energy reported a decrease in net sales and gross profit for Q3 2024, while also showing improvements in net loss and operating expenses.

Dragonfly Energy Holdings Corp. held its Annual Meeting of Stockholders on November 12, 2024, where key proposals including a reverse stock split and the election of directors were approved.

Dragonfly Energy Holdings Corp. issued penny warrants to lenders in exchange for a waiver of certain financial covenants and amendments to their loan agreement.

Dragonfly Energy announced its second quarter 2024 results, showing a decrease in revenue but progress in strategic partnerships and market expansion.

Dragonfly Energy has partnered with Stryten Energy in a $30 million licensing agreement to expand the reach of its Battle Born Batteries brand into new B2B markets.

Dragonfly Energy's subsidiary, Battle Born LLC, has granted Stryten Energy an exclusive license for its battery trademarks in several key markets, receiving a $5 million initial fee and potential royalties.

Dragonfly Energy Holdings Corp. has amended its loan agreement, receiving a waiver for certain financial tests in exchange for issuing penny warrants to lenders.

Dragonfly Energy Holdings Corp. has been granted an additional 180 days to regain compliance with Nasdaq's minimum bid price requirement, moving to the Nasdaq Capital Market in the interim.

Dragonfly Energy Holdings Corp. has amended its equity purchase agreement with Chardan Capital Markets to allow for intraday VWAP purchases, updating the mechanics of its $150 million equity facility.

Dragonfly Energy reported a decrease in net sales and a net loss for the first quarter of 2024, while also announcing expansion into the oil and gas sector and a recovery in the RV market.

Dragonfly Energy Holdings Corp. has released an investor presentation, which is available on their website.

Dragonfly Energy Holdings Corp. has terminated the employment of its Senior Vice President of Operations, John Marchetti, effective April 19, 2024.

Dragonfly Energy reported a decrease in revenue for both Q4 and the full year 2023, but showed improved profitability and expansion into new markets.

Dragonfly Energy Holdings Corp. obtained a $1 million loan with a convertible option from a company director, Brian Nelson, to be used for working capital.

Dragonfly Energy Holdings Corp. obtained a $1.7 million loan via a short-term promissory note, which was fully repaid within days.