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Dragonfly Energy slides after pricing $5.5M stock offering
Dragonfly Energy’s stock fell as the company announced the pricing of a $5.5 million underwritten public offering of over 6.8 million shares and warrants. The offering is expected to close around April 30, 2026, and includes warrants to purchase an additional 6.8 million shares. The net proceeds are earmarked for working capital and general corporate purposes.