Dragonfly energy regains full compliance with nasdaq continued listing requirements

Reno, nev., oct. 21, 2025 (globe newswire) -- dragonfly energy holdings corp. (“dragonfly energy” or the “company”) (nasdaq: dfli), an industry leader in energy storage and battery technology, today announced that it has received a letter (the “letter”) on october 20, 2025 from the nasdaq hearings panel of the nasdaq stock market llc (“nasdaq”) stating that the company regained compliance with both the minimum bid price requirement in listing rule 5550(a)(2) (the “minimum bid price requirement”) and the minimum market value of listed securities requirement in listing rule 5550(b)(2) for continued listing on the nasdaq capital market. accordingly, the company is in full compliance with nasdaq's continued listing requirements. the letter also stated that the company will remain on a mandatory panel monitor, pursuant to listing rule 5815(d)(4)(b), for a one-year period from the date of the letter, which would require the staff of the nasdaq listing qualifications department to issue a delist determination letter in the event that the company fails to maintain compliance with the minimum bid price requirement during such period.
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