Dragonfly Energy Holdings Corp. disclosed a non-compliance notice from the Nasdaq Stock Market on August 21, 2026. The notice, dated August 20, cites the company’s failure to meet the minimum stockholders’ equity requirement.
Dragonfly reported a stockholders’ equity deficit of $184,000 as of June 30, 2026. This figure falls below the required $2.5 million threshold. The company also failed to meet alternative compliance standards regarding market value or net income from continuing operations.
The notification does not have an immediate effect on the trading of Dragonfly stock on the Nasdaq Capital Market. Dragonfly Energy must submit a plan to regain compliance by October 5, 2026. Nasdaq may grant an extension of up to 180 days if it accepts the company's proposal.