Dragonfly Energy exchanges $25 million term loan for Series B preferred stock

Investing.comWednesday, November 5, 2025 at 10:32:05 PM
Dragonfly Energy exchanges $25 million term loan for Series B preferred stock

Dragonfly Energy exchanges $25 million term loan for Series B preferred stock

Dragonfly Energy has successfully exchanged a $25 million term loan for Series B preferred stock, marking a significant step in its financial strategy. This move not only strengthens the company's capital structure but also positions it for future growth in the energy sector. Investors are likely to view this as a positive development, as it reflects confidence in Dragonfly's business model and potential.
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