(RTTNews) - Dragonfly Energy Holdings Corp. (DFLI), a battery technology company, announced Tuesday that it will implement a 1-for-10 reverse stock split, effective December 18, 2025.
Denis Phares, Chief Executive Officer of Dragonfly Energy, said the move is a technical step to maintain Nasdaq compliance and position the company for its next phase of growth.
Dragonfly Energy shares closed Monday's trading at $0.7101, down 10.47%.
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