Dragonfly Energy Holdings Corp. SEC filings document the public-company record for a Nevada lithium battery technology company with common stock traded under DFLI. The filings cover operating results, Regulation FD disclosures, material events, and exhibits related to earnings releases and corporate actions.
The company’s filings also record capital-structure and governance matters, including preferred stock terms, debt restructuring agreements, equity compensation actions, shareholder voting matters, and a completed reverse stock split. Other disclosures address Nasdaq continued-listing compliance and battery technology events, including patent allowance information tied to powderized solid-state electrolyte materials and the company’s dry electrode manufacturing platform.
Dragonfly Energy Holdings Corp. reported that Chief Commercial Officer Seaburg Wade received a grant of stock options. On March 15, 2026, Wade was awarded options to purchase 36,607 shares of common stock at an exercise price of $2.99 per share under the 2022 Equity Incentive Plan.
The options vest in three equal annual installments beginning April 1, 2026, contingent on Wade’s continued employment through each vesting date. Following this grant, Wade holds 36,607 stock options directly, each convertible into one share of Dragonfly Energy common stock before expiration in 2036.
Dragonfly Energy Holdings Corp. reported that CEO, Interim CFO & President Denis Phares received a grant of stock options as equity compensation. On March 15, 2026 he was awarded options to purchase 38,269 shares of common stock at an exercise price of $2.99 per share under the company’s 2022 Equity Incentive Plan. These options vest in three equal annual installments beginning on April 1, 2026, contingent on his continued employment with the company through each vesting date. After this award, he directly holds 38,269 stock options linked to an equal number of common shares, and there were no open‑market purchases or sales reported in this filing.
Dragonfly Energy Holdings Corp. reported that Chief Operating Officer Vickram Singh received a grant of stock options to purchase 21,534 shares of common stock. The options have an exercise price of $2.99 per share and were issued under the company’s 2022 Equity Incentive Plan.
The options vest in three equal annual installments beginning on April 1, 2026, contingent on Singh’s continued employment through each vesting date. Following this grant, he holds 21,534 stock options as reported in this filing. This is a compensation-related award rather than an open-market share purchase or sale.
Dragonfly Energy filed an amended report and released preliminary fourth quarter and full year 2025 results, alongside a major cost-cutting plan. Full year 2025 net sales were $58.6 million, up 15.8%, with OEM revenue rising 33.8%, but the company posted a net loss of $69.9 million.
Adjusted EBITDA improved to a loss of $11.8 million from $18.5 million, while gross margin expanded to 26.7%. A March 2026 strategic realignment targeting OEM, trucking, and industrial markets is expected to deliver about $8.9 million in annualized savings through payroll cuts, discretionary spending reductions, and facility consolidation.
For the first quarter of 2026, Dragonfly guides to roughly $9.5 million in net sales and an adjusted EBITDA loss of about $4.6 million, reflecting RV market softness and a slower trucking ramp, even as management focuses on achieving profitability over time.
Dragonfly Energy Holdings Corp. reported preliminary fourth quarter and full year 2025 results alongside a major cost-cutting program. Net sales rose to $13.1M in Q4 and $58.6M for 2025, up 6.9% and 15.8%, driven by OEM revenue growth and higher licensing fees. Full year gross profit increased to $15.6M with gross margin of 26.7%, but the company posted a net loss of $69.9M and Adjusted EBITDA of negative $11.8M, helped versus 2024 by lower adjusted losses. Management announced a strategic cost realignment, including a roughly 20% reduction in payroll through executive, director, and employee salary cuts partly replaced with equity, workforce reductions, lower discretionary and DTC marketing spend, and facility consolidation expected to cut expenses by $4.0M. These actions are expected to generate approximately $8.9M in annualized savings. For Q1 2026, Dragonfly anticipates net sales of about $9.5M and an Adjusted EBITDA loss of around $4.6M, reflecting RV market softness and a slower trucking ramp.
Alyeska Investment Group, L.P. and related entities report a 9.9% beneficial stake in Dragonfly Energy Holdings Corp.’s common stock as of December 31, 2025. They report beneficial ownership of 1,195,792 shares, combining common stock and exercisable pre-funded warrants.
The group holds 744,422 common shares and pre-funded warrants for 500,000 additional shares, but warrant exercises are limited so total ownership cannot exceed 9.9% of Dragonfly’s outstanding stock. They certify the position is held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
Dragonfly Energy Holdings Corp. entered an Equity Distribution Agreement with Canaccord Genuity LLC and other agents, allowing the company to offer and sell up to $50.0 million of common stock from time to time in an at-the-market offering.
Sales will be made under an existing effective shelf registration statement on Form S-3 and a related prospectus supplement, with the agents earning a 3.0% commission on gross proceeds. Dragonfly is not obligated to sell any shares, and the agents’ obligations are subject to customary closing conditions and supported by indemnification, contribution, and expense reimbursement arrangements.
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 Corp. is implementing a one-for-ten reverse stock split of its common stock, effective at 6:00 a.m. Eastern Time on December 18, 2025. This means every ten issued and outstanding shares of common stock are being combined into one share. The common stock will begin trading on a reverse-split-adjusted basis on The Nasdaq Capital Market on December 18, 2025, and will continue to trade under the ticker symbol DFLI.
The reverse split affects all stockholders uniformly and is not intended to change any investor’s proportional ownership in the company, except for minor differences caused by eliminating fractional shares. No fractional shares will be issued; instead, stockholders entitled to a fraction will receive cash in lieu of that fraction. The par value and the total number of authorized shares of common stock remain unchanged, and outstanding options and warrants are being proportionately adjusted. Stockholders previously authorized the board to implement a reverse split within a specified range, and the board selected the one-for-ten ratio on December 2, 2025.
Dragonfly Energy Holdings Corp. is registering 9,000,000 additional shares of common stock for issuance under its 2022 Equity Incentive Plan. This follows an amendment increasing the plan’s share reserve from 1,217,504 to 10,217,504 shares, approved by the board on September 5, 2025 and by stockholders on October 15, 2025. The filing updates the company’s existing Form S-8 registrations so that more stock-based awards can be granted to employees and other eligible participants as part of their compensation.