<a href="https://laohu8.com/S/DFLI">Dragonfly Energy Holdings Corp.</a> Faces Potential Nasdaq Delisting Over Non-Compliance with Key Listing Requirements
Dragonfly Energy Holdings Corp. has announced that it received a notice from The Nasdaq Stock Market indicating potential delisting due to non-compliance with certain listing requirements. Specifically, the company has failed to meet the $1.00 minimum bid price and the minimum market value of listed securities of $35 million. Nasdaq has granted Dragonfly Energy an exception until November 10, 2025, to regain compliance, contingent upon meeting certain milestones, such as converting preferred stock into common stock and restructuring or converting a portion of its debt. The company's shares will continue to trade under the symbols "DFLI" and "DFLIW" during this period. However, there is significant risk that Dragonfly Energy may not meet these milestones, which could lead to the delisting of its securities from Nasdaq.
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