BRIEF-Dragonfly Energy To List On Nasdaq Through Business Combination With Chardan Nextech Acquisition 2 Corp

Reuters

May 16, 2022

May 16 (Reuters) - Chardan Nextech Acquisition 2 Corp

:

* DRAGONFLY ENERGY, A LEADING ENERGY STORAGE COMPANY, TO PUBLICLY LIST ON NASDAQ THROUGH BUSINESS COMBINATION WITH CHARDAN NEXTECH ACQUISITION 2 CORP.

* CHARDAN NEXTECH ACQUISITION 2 CORP - PRO FORMA ENTERPRISE VALUE OF COMBINED COMPANY IS EXPECTED TO BE APPROXIMATELY $500 MILLION

* CHARDAN NEXTECH ACQUISITION 2 CORP - ALL DRAGONFLY SHAREHOLDERS WILL ROLL 100% OF THEIR EQUITY HOLDINGS INTO NEW COMBINED COMPANY

* CHARDAN NEXTECH ACQUISITION 2 - COMBINED COMPANY WILL BE RENAMED DRAGONFLY ENERGY, IS EXPECTED TO BE LISTED ON NASDAQ UNDER NEW TICKER SYMBOL "DFLI."

* CHARDAN NEXTECH ACQUISITION 2 CORP - TRANSACTION IS FURTHER SUPPORTED BY A $150 MILLION CHARDAN EQUITY FACILITY

* CHARDAN NEXTECH ACQUISITION 2 CORP - FUNDING TO SUPPORT BUSINESS COMBINATION INCLUDES $128 MILLION CASH FROM TRUST

* CHARDAN NEXTECH ACQUISITION 2 CORP - DRAGONFLY CHAIRMAN & CEO, DENIS PHARES, CURRENT MANAGEMENT TEAM ARE EXPECTED TO CONTINUE TO LEAD COMBINED COMPANY

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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CEO, DENIS PHARES, CURRENT MANAGEMENT TEAM ARE EXPECTED TO CONTINUE TO LEAD COMBINED COMPANY</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2235402822","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2235402822","pubTimestamp":1652699162,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"May 16 (Reuters) - Chardan Nextech Acquisition 2 Corp :   * DRAGONFLY ENERGY, A LEADING ENERGY STORA","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"简报-蜻蜓能源通过与Chardan Nextech Acception 2 Corp的业务合并在纳斯达克上市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNTQ":1},"content_text":"May 16 (Reuters) - Chardan Nextech Acquisition 2 Corp :   * DRAGONFLY ENERGY, A LEADING ENERGY STORAGE COMPANY, TO PUBLICLY LIST ON NASDAQ THROUGH BUSINESS COMBINATION WITH CHARDAN NEXTECH ACQUISITION 2 CORP.   * CHARDAN NEXTECH ACQUISITION 2 CORP - PRO FORMA ENTERPRISE VALUE OF COMBINED COMPANY IS EXPECTED TO BE APPROXIMATELY $500 MILLION   * CHARDAN NEXTECH ACQUISITION 2 CORP - ALL DRAGONFLY SHAREHOLDERS WILL ROLL 100% OF THEIR EQUITY HOLDINGS INTO NEW COMBINED COMPANY   * CHARDAN NEXTECH ACQUISITION 2 - COMBINED COMPANY WILL BE RENAMED DRAGONFLY ENERGY, IS EXPECTED TO BE LISTED ON NASDAQ UNDER NEW TICKER SYMBOL \"DFLI.\"   * CHARDAN NEXTECH ACQUISITION 2 CORP - TRANSACTION IS FURTHER SUPPORTED BY A $150 MILLION CHARDAN EQUITY FACILITY   * CHARDAN NEXTECH ACQUISITION 2 CORP - FUNDING TO SUPPORT BUSINESS COMBINATION INCLUDES $128 MILLION CASH FROM TRUST   * CHARDAN NEXTECH ACQUISITION 2 CORP - DRAGONFLY CHAIRMAN & CEO, DENIS PHARES, CURRENT MANAGEMENT TEAM ARE EXPECTED TO CONTINUE TO LEAD COMBINED COMPANYSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}