Dragonfly Energy Announces Pricing of $25.0 Million Underwritten Offering of Common Stock

RENO, Nev., Oct. 06, 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 the pricing of an underwritten offering of 20,000,000 shares of common stock at a price to the public of $1.25 per share, for gross proceeds of approximately $25.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses. All shares of common stock are being offered by Dragonfly Energy. In addition, Dragonfly Energy has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of its common stock at the public offering price for the common stock, less underwriting discounts and commissions. The offering is expected to close on or about October 7, 2025, subject to the satisfaction of customary closing conditions.

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