RENO, Nev. — November 5, 2025 — Leads & Copy — Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) has finalized agreements to restructure its outstanding indebtedness with its lenders, improving its balance sheet by reducing debt and aligning capital resources to support growth.
The restructuring includes a $45 million prepayment of outstanding principal, a $25 million conversion of debt into preferred stock, and a $5 million debt forgiveness.
The remaining $19 million in principal carries a 12% fixed interest rate and matures in October 2027. Certain financial covenants have been waived through December 31, 2026.
Dr. Denis Phares, CEO of Dragonfly Energy, stated that the restructuring strengthens the company’s capital structure and increases financial flexibility.
Investor Relations Contact:
Eric Prouty
Szymon Serowiecki
AdvisIRy Partners
DragonflyIR@advisiry.com
Source: Dragonfly Energy
