Dragonfly Energy Receives Nasdaq Notice of Listing Noncompliance

What Happened

• Dragonfly Energy Holdings Corp. (DFLI) announced it received a letter from Nasdaq on August 20, 2026 stating the company is not in compliance with Nasdaq Capital Market Listing Rule 5550(b)(1) because its reported stockholders’ equity (deficit) was $(184,000) as of the Form 10‑Q for the period ended June 30, 2026.
• Nasdaq also found the company did not meet the alternative standards (market value of listed securities of $35 million or net income from continuing operations of $500,000 in the required periods). The Nasdaq letter does not have an immediate effect on trading; DFLI’s common stock and warrants will continue to trade.

Key Details

• Reported stockholders’ equity (deficit): $(184,000) (Form 10‑Q for period ended June 30, 2026).
• Required minimum stockholders’ equity under Rule 5550(b)(1): $2.5 million.
• Filing date of Nasdaq notice: August 20, 2026; company has 45 days (until October 5, 2026) to submit a compliance plan.
• If Nasdaq accepts the plan, it may grant up to 180 days from August 20, 2026 (until February 16, 2027) to regain compliance; company may appeal any adverse decision to a Nasdaq hearings panel.

Why It Matters

• This is a formal notice of noncompliance — not an immediate delisting — but it signals a material listing risk that investors should monitor.
• The company must submit a plan to regain compliance within the specified deadline; failure to get approval or regain compliance could lead to delisting procedures.
• Investors should watch the company’s filings for the submitted plan, any Nasdaq response, and subsequent updates to the company’s financial condition or corrective actions.