Dragonfly Energy Holdings Corp. Faces Potential Nasdaq Delisting Due to Market Value Non-Compliance

Reuters
06-14
<a href="https://laohu8.com/S/DFLI">Dragonfly Energy Holdings Corp.</a> Faces Potential Nasdaq Delisting Due to Market Value Non-Compliance

Dragonfly Energy Holdings Corp. has announced a regulatory issue regarding its continued listing on The Nasdaq Capital Market. On June 11, 2025, the company received a staff determination letter from Nasdaq, highlighting non-compliance with the Nasdaq Listing Rule 5550(b)(2), which mandates a minimum Market Value of Listed Securities (MVLS) of $35 million. This non-compliance, which persisted for 30 consecutive business days, adds to other listing deficiencies. As a result, Dragonfly has requested a hearing with the Nasdaq Hearings Panel scheduled for June 24, 2025, to address these issues. In the meantime, the company's common stock and redeemable warrants will continue to trade under the symbols "DFLI" and "DFLIW," respectively, as long as other Nasdaq listing requirements are met.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dragonfly Energy Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-015095), on June 13, 2025, and is solely responsible for the information contained therein.

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