Every 424B that Dragonfly Energy Holdings Corp. (DFLI) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow DFLI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DFLI filings page.
Dragonfly Energy Holdings Corp. is launching an at-the-market stock program to sell up to $50,000,000 of common stock through Canaccord Genuity, Roth Capital Partners and Yorkville Securities. Shares will be sold from time to time on Nasdaq under the symbol DFLI at prevailing market prices, with agents earning a 3.0% commission.
Net proceeds are intended for working capital and general corporate purposes, including prepaying 25% of the Term Loan, redeeming Series B preferred stock with 50% of the proceeds, paying preferred dividends, funding near-term revenue initiatives, and investing in next-generation dry-electrode and solid-state battery technologies. The company notes investors will face immediate dilution and highlights ongoing risks around indebtedness, preferred stock obligations and maintaining Nasdaq listing compliance.
Dragonfly Energy Holdings (DFLI) launched a public offering of 36,000,000 shares of common stock and pre-funded warrants for 5,000,000 shares, including the 5,000,000 underlying shares, at a public offering price of $1.35 per share. The deal includes a 30-day option for underwriters to purchase up to 6,150,000 additional shares. The offering is expected to deliver $52,028,500 in proceeds to the company before expenses, and the pre-funded warrants are immediately exercisable at $0.0001 with a 9.99% (or 4.99%) beneficial ownership cap.
The company plans to use the proceeds for working capital and to prepay $45.0 million of its term loan. Management also disclosed a non-binding agreement in principle to restructure debt, including conversion of $25 million into new preferred stock (convertible at $3.15), forgiveness of $5 million, and resetting $17 million at 12% interest, subject to definitive documentation and closing conditions.
Preliminary Q3 2025 results indicate Net Sales of $16.0 million and Adjusted EBITDA of $(2.2) million (up 26% YoY sales and a smaller loss), pending final review. Nasdaq has granted an exception until November 10, 2025 to regain listing compliance, with milestones that may include debt restructuring and potential corporate actions.
Dragonfly Energy (DFLI) filed a preliminary prospectus supplement for a public offering of common stock and pre-funded warrants. The pre-funded warrants are exercisable immediately for one share at an exercise price of $0.0001, with ownership limits of 9.99% (or 4.99% at the holder’s election). Canaccord Genuity is the sole bookrunner.
Proceeds are intended for working capital and general corporate purposes, including a $45.0 million prepayment on the company’s term loan. The company also announced a non-binding agreement in principle to restructure debt: conversion of $25 million into new preferred stock (convertible at $3.15 per share into 7,936,508 shares) with dividends of 8% cash and 2% in kind; forgiveness of $5 million; and a remaining $17 million balance at a fixed 12% interest rate, maturing in October 2027. A fee of approximately $450,000 in cash and $450,000 added to principal, plus certain covenant waivers through December 31, 2026 and a $5.0 million minimum liquidity covenant, are included. This restructuring remains subject to definitive documentation.
Preliminary Q3 2025 results indicate Net Sales of $16.0 million and Adjusted EBITDA of $(2.2) million, reflecting 26% year-over-year sales growth and an approximately $3.3 million improvement in Adjusted EBITDA, both subject to finalization. The company has a Nasdaq exception until November 10, 2025 to regain listing compliance, which may require additional capital actions or a reverse split.
Dragonfly Energy Holdings Corp. (DFLI) filed a prospectus supplement for a primary offering of 20,000,000 shares of common stock with an underwriter option to purchase up to an additional 3,000,000 shares for 30 days. After this offering the company expects to have approximately 81,805,765 shares outstanding (or 84,805,765 if the option is fully exercised). The document discloses multiple outstanding warrant and option pools that could dilute equity: Public Warrants exercisable at $11.50 (expiring October 7, 2027) with up to 9,422,905 shares issued and outstanding as of November 9, 2023, plus other warrants and options outstanding as of June 30, 2025 with specified exercise prices ranging from $0.01 and $0.09 to $103.50 and a weighted-average example of $18.22 and $25.59 for certain series. The prospectus also lists reserved shares related to the business combination and equity incentive plans and provides standard sections on risk factors, use of proceeds, plan of distribution and resale restrictions for various jurisdictions.
Dragonfly Energy Holdings Corp. filed a prospectus supplement for offering debt securities and related securities matters. The document discloses a historical net tangible book deficit per share of $(0.41) as of June 30, 2025, a pro forma increase in net tangible book value of $0.24 attributable to specified pro forma events, resulting in a pro forma net tangible book deficit per share of $(0.17). The filing reiterates plans for continued investments in initiatives aimed at near-term revenue growth and strategic investment in next-generation battery technologies, specifically scaling the dry electrode process and applications to solid-state batteries. It also describes outstanding Public Warrants exercisable at $11.50 per share expiring on October 7, 2027, with up to 9,422,905 Public Warrants issued and outstanding as of November 9, 2023. The prospectus incorporates the company’s 10-K for the year ended December 31, 2024.