Dragonfly Energy Prices $25 Million Public Offering; Shares Fall-March 2024-www.financetom.com

Dragonfly Energy Prices $25 Million Public Offering; Shares Fall

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Dragonfly Energy Prices $25 Million Public Offering; Shares Fall

Oct 6, 2025 5:24 AM

08:11 AM EDT, 10/06/2025 (MT Newswires) -- Dragonfly Energy ( DFLI ) said Monday it priced a $25 million underwritten public offering of 20 million shares at $1.25 per share.

The company said it has granted underwriters a 30-day option to purchase up to an additional 3 million shares.

Dragonfly Energy ( DFLI ) said it intends to use the net proceeds for working capital and other general corporate purposes, including the repayment of $4 million under its term loan agreement.

Dragonfly Energy ( DFLI ) shares fell 28% in premarket trading.

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