Dragonfly Energy Holdings Corp. has started an underwritten public offering of its common stock and pre-funded warrants. Canaccord Genuity is the sole bookrunner for the offering. The net proceeds will be used for working capital and general corporate purposes, including debt repayment. The offering is subject to market conditions and is being made pursuant to a shelf registration statement declared effective by the SEC in 2023. Dragonfly Energy is a leading lithium battery technology company focused on cell manufacturing, battery pack assembly, and system integration. Their mission is to deploy nonflammable, all-solid-state battery cells for various applications.

Read more at GlobeNewswire: Dragonfly Energy Announces Proposed Public Offering of