Dragonfly Energy Holdings Corp. filed SEC Form 8-K: Other Events
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Item 8.01 Other Events.
As previously reported, on December 15, 2023, Dragonfly Energy Holdings Corp. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that based upon the closing bid price of the Company’s common stock, par value $0.0001 per share, for the prior 30 consecutive business days, the Company was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). On June 11, 2024, the Staff of Nasdaq confirmed that the Company had been granted a 180-day extension through December 6, 2024, to regain compliance with the Minimum Bid Price Requirement.
On December 9, 2024, the Company received a letter from the Staff of Nasdaq indicating that the Company has regained compliance with the Minimum Bid Price Requirement and the matter is now closed.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DRAGONFLY ENERGY HOLDINGS CORP. | ||
Dated: December 9, 2024 | By: | /s/ Denis Phares |
Denis Phares | ||
Chief Executive Officer, Interim Chief Financial Officer and President |