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Dragonfly Energy Announces Exchange of Remaining Outstanding Shares of Series A Convertible Preferred Stock

Strategic Move Eliminates Associated Common Stock Issuance and Dividend Obligations, Enhancing Financial FlexibilityRENO, Nev., July 21, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and battery technology, today announced that it has entered into a Settlement and Mutual Release Agreement (the “Agreement”) with the holder of its Series A Convertible Preferred Stock, par value $0.0001 per share (

articleDragonfly Energy Holdings CorpJuly 21, 20256/company/chardan-nextech-acquisition-2-corp/news/dragonfly-energy-announces-exchange-remaining-120000439
Dragonfly Energy Announces Exchange of Remaining Outstanding Shares of Series A Convertible Preferred Stock

About this update from Dragonfly Energy Holdings Corp

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Preferred StockThe Companyoutstanding sharescommon stockForward-Looking Statementsbattery technologyCompanylithium batteryDragonfly