Dragonfly Energy Holdings Corp. received a notice from Nasdaq on August 20, 2026, indicating non-compliance with the minimum stockholders' equity requirement for continued listing under Listing Rule 5550(b)(1). The company reported a stockholders' equity deficit of $(184,000) as of June 30, 2026, falling below the required $2.5 million threshold and failing alternative standards regarding market value or net income. While there is no immediate impact on trading, the company has until October 5, 2026, to submit a compliance plan, with a potential extension available until February 16, 2027. Failure to regain compliance could result in delisting. Dragonfly Energy Holdings Corp. operates in the energy storage industry, providing battery energy storage systems.

Dragonfly Energy Holdings Corp. reported preliminary second quarter 2026 results with net sales of $13.2 million, a decline from $16.2 million in the prior year period due to lower RV shipments and consumer demand pressures. The company posted a gross margin of 33.0% and an Adjusted EBITDA loss of $(1.6) million, representing a $3.0 million sequential improvement driven by cost reduction actions. Net loss attributable to common shareholders was $(5.5) million, or $(0.43) per diluted share. Subsequent to the quarter-end, Dragonfly acquired the Dakota Lithium brand assets and amended debt arrangements with existing lenders, converting two quarters of interest to paid-in-kind and deferring certain covenants until September 2027 to preserve approximately $1 million in near-term liquidity. The company provided third quarter guidance for net sales of approximately $13.5 million and an Adjusted EBITDA loss of $(2.4) million. Dragonfly Energy Holdings Corp. operates in the lithium battery technology industry, developing energy storage solutions for mobile, off-grid, industrial, and specialty applications.