Dragonfly Energy reveals 1-for-10 reverse stock split plan
Reverse Stock Split Announcement: Dragonfly Energy (DFLI) will execute a 1-for-10 reverse stock split effective December 18, consolidating approximately 120.8 million shares into about 12.1 million shares.
Trading and Compliance: Post-split, shares will continue trading on the Nasdaq under the symbol DFLI, with the reverse split aimed at maintaining compliance with Nasdaq listing requirements.
Trade with 70% Backtested Accuracy
Analyst Views on DFLI
About DFLI
About the author
Dragonfly Energy Implements 1-for-10 Reverse Stock Split
Reverse Stock Split Announcement: Dragonfly Energy Holdings Corp. will implement a 1-for-10 reverse stock split effective December 18, 2025.
Reason for the Split: CEO Denis Phares stated that the reverse split is a technical step to maintain compliance with Nasdaq and to prepare for the company's growth phase.
Current Stock Performance: The company's shares closed at $0.7101, reflecting a decline of 10.47% in the latest trading session.
Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
Dragonfly Energy reveals 1-for-10 reverse stock split plan
Reverse Stock Split Announcement: Dragonfly Energy (DFLI) will execute a 1-for-10 reverse stock split effective December 18, consolidating approximately 120.8 million shares into about 12.1 million shares.
Trading and Compliance: Post-split, shares will continue trading on the Nasdaq under the symbol DFLI, with the reverse split aimed at maintaining compliance with Nasdaq listing requirements.
