Dragonfly Energy Stock Falls After 100% Move

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) shares are dipping on Monday. The company announced that it priced its underwritten public offering of 20 million shares of common stock at $1.25 per share. The offering would generate approximately $25 million in gross proceeds, before deducting fees and expenses. The underwriters also have a 30-day option to purchase up to an additional 3 million shares at the same price, excluding underwriting discounts and commissions. The offering is expected to close a ...