# Dragonfly Energy Holdings Corp. (DFLIW) — capital_raise [completed]
Source: SEC API (secapi.ai) · situation sit_f4039cc98833b5955263 · retrieved 2026-08-11T15:52:20.138Z

## Overview
Dragonfly Energy Holdings Corp. is a lithium battery technology company spanning battery cell manufacturing, pack assembly and full-system integration, developing energy storage solutions for mobile, off-grid, industrial and specialty applications.

On July 31, 2026, Dragonfly Energy Holdings Corp. and its subsidiary Dragonfly Energy Corp. completed the acquisition of substantially all operating assets of the Dakota Lithium® brand from Clean Liquidation, LLC (in its capacity as assignee for the benefit of creditors of Clean Republic SODO, LLC). The total purchase price was $4.0 million, consisting of $1.0 million in cash and 1,500,000 shares of common stock valued at $2.00 per share (aggregate value $3.0 million). The acquired assets include the Dakota Lithium brand, intellectual property, product inventory, and customer/distributor relationships. The shares are subject to a 12-month lock-up period. Concurrent with the transaction, the company's lenders amended the term loan to consent to the acquisition, modify the interest rate to 14.0% payable-in-kind during the period through December 31, 2026, extend covenant testing to September 30, 2027, and adjust minimum liquidity requirements.

## Terms
- Counterparty: Clean Liquidation, LLC · Deal value: $4.0M · Consideration: mixed · Price/share: $2

## Key dates
- Completed 2026-07-31

## Timeline
- 2026-07-31 · 8-K (0001493152-26-035543): 8-K - Dragonfly Energy Holdings Corp. — *Dragonfly Energy Holdings Corp. is a lithium battery technology company spanning battery cell manufacturing, pack assembly and full-system integration, developing energy storage solutions for mobile, off-grid, industrial and specialty applications.* On July 31, 2026, Dragonfly Energy Holdings Corp. and its subsidiary Dragonfly Energy Corp. completed the acquisition of substantially all operating assets of the Dakota Lithium® brand from Clean Liquidation, LLC (in its capacity as assignee for the benefit of creditors of Clean Republic SODO, LLC). The total purchase price was $4.0 million, consisting of $1.0 million in cash and 1,500,000 shares of common stock valued at $2.00 per share (aggregate value $3.0 million). The acquired assets include the Dakota Lithium brand, intellectual property, product inventory, and customer/distributor relationships. The shares are subject to a 12-month lock-up period. Concurrent with the transaction, the company's lenders amended the term loan to consent to the acquisition, modify the interest rate to 14.0% payable-in-kind during the period through December 31, 2026, extend covenant testing to September 30, 2027, and adjust minimum liquidity requirements.
  https://www.sec.gov/Archives/edgar/data/1847986/0001493152-26-035543.txt

## Citations
- 0001493152-26-035543 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226035543