INV4
8月前
Dragonfly Energy Shares Slide After $55.4 Million Public Offering Announcement
Oct 16, 2025
Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) saw its stock drop 13% on Thursday after announcing the pricing of a $55.4 million public offering of common stock and pre-funded warrants.
The company priced an underwritten public offering of 36 million shares of common stock at $1.35 per share, representing a steep discount to the previous day’s closing price of $1.97. Dragonfly Energy also issued pre-funded warrants for up to 5 million shares at $1.3499 per warrant, with an exercise price of $0.0001 per share.
Shares traded at $1.73 in pre-market activity following the announcement, as investors reacted to the potential dilution from the offering. Underwriters were also granted a 30-day option to purchase up to an additional 6.15 million shares at the offering price.
The company plans to use the net proceeds for working capital and general corporate purposes, including the prepayment of $45 million in outstanding debt under its term loan agreement. Funds will also support revenue growth initiatives and continued investment in next-generation battery technologies — including scaling its dry electrode process and advancing solid-state battery applications.
Canaccord Genuity is serving as sole bookrunner, with Roth Capital Partners acting as co-manager. The offering is expected to close on or about October 17, 2025, subject to customary closing conditions.
Dragonfly Energy Holdings Corp stock price
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.
https://investorshub.advfn.com/market-news/article/17999/dragonfly-energy-shares-slide-after-55-4-million-public-offering-announcement
$DFLI
INV4
8月前
Dragonfly Energy to be Awarded Nevada Tech Hub Funding to Advance Battery Manufacturing and Workforce Development
Oct 2, 2025
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries®, announced today that Nevada Tech Hub, a program designed to strengthen Nevada’s lithium battery supply chain, has selected the Company for funding in its first round of awards. The contract is currently being finalized.
Nevada Tech Hub is one of 31 Tech Hubs nationwide designated by the federal government as playing a key role in a critical key technology focus area. Its mission is to support the further development of the state’s lithium battery and critical materials ecosystem. With the support of state funding, Nevada Tech Hub awarded Dragonfly Energy for its contribution to lithium battery manufacturing capacity and workforce development.
“This award is more than just an investment in Dragonfly Energy, it is an investment in Nevada’s future,” said Dr. Denis Phares, chief executive officer of Dragonfly Energy. “As a homegrown Nevada company, we are proud to contribute to the state’s vision of becoming the nation’s center for lithium battery innovation. By modernizing our operations and expanding our skilled workforce, we believe we can both drive efficiencies that benefit our shareholders, customers, and employees by creating long-term economic growth and high-value jobs across the state. This non-dilutive capital is highly beneficial to our growth strategy.”
The award, expected to total approximately $300,000, will be applied toward high-impact modernization and workforce development initiatives. Key elements of the project include advancing toward ISO 9001 certification, modernizing production systems, and upgrading the Company’s battery manufacturing lines. These initiatives have the potential to result in six-figure annual savings, enabling reinvestment into workforce training and development with partners such as Truckee Meadows Community College and the University of Nevada, Reno.
In addition, Dragonfly Energy plans to recruit and upskill production floor personnel, expanding career opportunities in machining, automation, and maintenance. With nearly 400,000 square feet of manufacturing space in South Reno, the Company believes it is positioned to scale operations while anchoring high-value clean energy jobs in Nevada.
“Supporting industry leaders like Dragonfly Energy is central to Nevada Tech Hub’s mission,” Dick Bartholet, regional innovation officer for Nevada Tech Hub, said. “By providing funding for projects that advance both manufacturing capacity and workforce development, we are strengthening multiple segments of Nevada’s lithium battery and EV materials loop. Investments like these not only modernize production but also create opportunities for more Nevadans to gain the skills needed to thrive in the critical materials and energy storage economy.”
Dragonfly Energy’s collaboration with Nevada Tech Hub and Nevada’s academic community highlights its role in advancing regional innovation. We believe these upgrades will improve efficiency, support revenue growth, and deepen integration into Nevada’s “Lithium Loop” of domestic extraction, processing, manufacturing, and recycling.
To learn more about Nevada Tech Hub and its mission to strengthen Nevada’s critical materials and battery economy, visit unr.edu/tech-hub/.
For more information about Dragonfly Energy and its innovative energy solutions, visit DragonflyEnergy.com.
About Dragonfly Energy
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) is a comprehensive lithium battery technology company, specializing in cell manufacturing, battery pack assembly, and full system integration. Through its renowned Battle Born Batteries® brand, Dragonfly Energy has established itself as a frontrunner in the lithium battery industry, with hundreds of thousands of reliable battery packs deployed in the field through top-tier OEMs and a diverse retail customer base. At the forefront of domestic lithium battery cell production, Dragonfly Energy's patented dry electrode manufacturing process can deliver chemistry-agnostic power solutions for a broad spectrum of applications, including energy storage systems, electric vehicles, and consumer electronics. The Company's overarching mission is the future deployment of its proprietary, nonflammable, all-solid-state battery cells.
To learn more about Dragonfly Energy and its commitment to clean energy advancements, visit investors.dragonflyenergy.com.
About Nevada Tech Hub
Nevada Tech Hub is a consortium of governmental, industry, educational, and nonprofit organizations all aligning toward a common goal: to leverage Nevada’s rich natural resources and develop a full-spectrum lithium economy within the state. Nevada Tech Hub is one of 31 Tech Hub designees nationally. The program invests in regional partnerships to grow critical industries, strengthen national security, and create high-quality jobs. Nevada Tech Hub is focused on building a complete “Lithium Loop” - a closed-loop lithium economy that includes extraction, processing, battery manufacturing, and recycling. Nevada Tech Hub is working to make Nevada a global leader in critical minerals and electric vehicle materials. By using the state’s natural resources, supporting innovation, and bringing people and organizations together, the effort supports both national strength and a sustainable future. For more information, visit www.unr.edu/tech-hub.
https://investorshub.advfn.com/stock-market/NASDAQ/dragonfly-energy-DFLI/stock-news/96935018/dragonfly-energy-to-be-awarded-nevada-tech-hub-fun
$DFLI