DRAGONFLY ENERGY HOLDINGS CORP Stock Price, News & Analysis

Stryten Energy (NASDAQ: DFLI) will showcase Enhanced Flooded Battery (EFB) technology and Battle Born lithium solutions at AAPEX 2025 in Las Vegas on November 4–6, 2025. The company highlights EFBs for stop-start and hybrid vehicles, citing improved cycling, start-stop capability, faster dynamic charge acceptance, durability in extreme temperatures, and a composition of 95% recycled components. Stryten will display a Jeep Gladiator fitted with an EFB and three Battle Born batteries plus a 48V, 105Ah Battle Born lithium golf cart battery. Stryten markets and distributes Battle Born under an exclusive licensing relationship with Dragonfly Energy (DFLI), aiming to offer a broad portfolio of automotive and off-grid battery solutions.

Dragonfly Energy (Nasdaq: DFLI) announced on Oct 21, 2025 that Nasdaq's Hearings Panel notified the company on Oct 20, 2025 that it has regained compliance with the minimum bid price requirement (Listing Rule 5550(a)(2)) and the minimum market value of listed securities requirement (Listing Rule 5550(b)(2)) for continued listing on the Nasdaq Capital Market.

The notice confirms the company is in full compliance with Nasdaq continued listing rules but also places the company on a Mandatory Panel Monitor under Listing Rule 5815(d)(4)(B) for one year from the Letter date, during which failure to maintain the minimum bid price could trigger a Delist Determination Letter.

Dragonfly Energy (Nasdaq: DFLI) priced a public offering totaling approximately $55.4 million in gross proceeds on Oct 16, 2025. The offering includes 36,000,000 common shares at $1.35 per share and up to 5,000,000 pre-funded warrants at $1.3499 each; underwriters have a 30-day option for an additional 6,150,000 shares. The offering is expected to close on or about Oct 17, 2025, subject to closing conditions.

The company said net proceeds will fund working capital, prepayment of $45 million of term loan indebtedness, near-term revenue initiatives, and scaling of dry electrode and solid-state battery investments.

Dragonfly Energy (Nasdaq: DFLI) commenced an underwritten public offering of common stock and, optionally, pre-funded warrants on Oct 15, 2025. The offering includes a 30-day underwriter option to buy up to an additional 15% of the securities at the public offering price, less discounts and commissions. Canaccord Genuity is sole bookrunner.

The company intends to use net proceeds for working capital, to prepay $45 million of outstanding term loan indebtedness as part of a proposed restructuring, to invest in initiatives to drive near-term revenue, and to scale its dry electrode process and solid-state battery efforts. The offering is made under an S-3 shelf declared effective Nov 24, 2023 and is subject to market and other conditions.

Dragonfly Energy (Nasdaq: DFLI) announced a USPTO Notice of Allowance dated October 15, 2025 for a patent strengthening its Dragonfly IntelLigence® battery communication technology.

The allowed patent covers multiple battery systems and wireless devices that share operating data and propagate error or warning codes across a connected mesh network, including propagation when a battery system is powered down. The networked layer is described as improving system awareness, reliability, and coordination, and is linked to the company’s Battle Born HUB product and its broader U.S. IP portfolio and manufacturing commitment.

Dragonfly Energy (Nasdaq: DFLI) reported preliminary third quarter 2025 results with Net Sales of $16.0 million and Adjusted EBITDA of $(2.2) million.

Net Sales exceeded guidance of $15.9 million and reflect 26% year-over-year growth. Adjusted EBITDA also exceeded guidance of $(2.7) million, representing an approximately $3.3 million reduction in Adjusted EBITDA loss versus the prior period. Results remain preliminary and are subject to finalization in the Company’s Form 10-Q for the quarter ended September 30, 2025.

Dragonfly Energy (Nasdaq: DFLI) and PACCAR (Nasdaq: PCAR) released a joint whitepaper, "Reducing Idle Time & Fuel Costs: Lithium Powered Solutions for Commercial Fleets," on October 9, 2025. The report compares lithium-powered idle-reduction solutions, including the Battle Born DualFlow Power Pack, with diesel APUs and AGM systems using real-world fleet trials and Environmental Chamber Testing at the PACCAR Technical Center.

The whitepaper highlights reduced idle hours, lower fuel consumption, validated performance under worst-case conditions, extended non-idling sleeper climate operation, and potential maintenance and uptime benefits. Findings are being presented at The Battery Show North America 2025 in Detroit.

Dragonfly Energy (Nasdaq: DFLI) closed an underwritten offering of 23,000,000 shares (including full exercise of a 3,000,000‑share option) at $1.25 per share, generating gross proceeds of approximately $28.75 million on October 8, 2025. The company said net proceeds will fund working capital, repay $4.0 million of its term loan, and support near‑term revenue initiatives and scaling of dry electrode and solid‑state battery investments. The offering was conducted under an effective Form S‑3 shelf registration.

Dragonfly Energy (Nasdaq: DFLI) priced an underwritten common-stock offering of 20,000,000 shares at $1.25 per share for gross proceeds of approximately $25.0 million, before underwriting discounts, commissions and expenses. The company granted underwriters a 30‑day option to buy up to an additional 3,000,000 shares at the public offering price.

The offering is expected to close on or about October 7, 2025. Net proceeds are planned for working capital and general corporate purposes, including the repayment of $4.0 million under the company’s term loan and continued investments in near‑term revenue initiatives and next‑generation battery technologies (scaling the dry electrode process and solid‑state battery applications).

Canaccord Genuity is sole bookrunner and Roth Capital Partners is co‑manager. The offering is made under a Form S‑3 shelf registration declared effective by the SEC on November 24, 2023.