Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) announced today the pricing of an underwritten offering of 20,000,000 shares of common stock at a public price of $1.25 per share, yielding gross proceeds of approximately $25.0 million before underwriting discounts and commissions.
The company plans to use the net proceeds for working capital and other general corporate purposes, including repayment of $4.0 million under its term loan agreement, continued investments in near‑term revenue initiatives, and strategic development of next‑generation battery technologies such as scaling its dry‑electrode process and solid‑state battery applications.
The offering is being made pursuant to a shelf registration statement on Form S‑3 (File No. 333‑275559) and is being underwritten by Canaccord Genuity as sole bookrunner with Roth Capital Partners as co‑manager. The offering is expected to close on or about October 7, 2025, subject to customary closing conditions.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.