Dragonfly Energy announces common stock offering, no amount given

Dragonfly Energy (DFLI) Holdings Corp. announced that it has commenced an underwritten public offering of shares of its common stock and, in lieu of common stock to investors who so choose, pre-funded warrants to purchase shares of its common stock. All shares of common stock and pre-funded warrants are being offered by Dragonfly Energy. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the proposed offering. Dragonfly Energy intends to use the net proceeds from the proposed offering for working capital and other general corporate purposes, including the repayment of its indebtedness in the ordinary course. Canaccord Genuity is acting as the sole bookrunner for the proposed offering.