0001209191-22-053504.txt : 20221012
0001209191-22-053504.hdr.sgml : 20221012
20221012192443
ACCESSION NUMBER: 0001209191-22-053504
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221007
FILED AS OF DATE: 20221012
DATE AS OF CHANGE: 20221012
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GROSSMAN JONAS
CENTRAL INDEX KEY: 0001423905
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40730
FILM NUMBER: 221307735
MAIL ADDRESS:
STREET 1: 17 STREET
STREET 2: SUITE 1600
CITY: NEW YORK
STATE: NY
ZIP: 10004
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Dragonfly Energy Holdings Corp.
CENTRAL INDEX KEY: 0001847986
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
IRS NUMBER: 851873463
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1190 TRADEMARK DRIVE #108
CITY: RENO
STATE: NV
ZIP: 89521
BUSINESS PHONE: (775) 622-3448
MAIL ADDRESS:
STREET 1: 1190 TRADEMARK DRIVE #108
CITY: RENO
STATE: NV
ZIP: 89521
FORMER COMPANY:
FORMER CONFORMED NAME: Chardan NexTech Acquisition 2 Corp.
DATE OF NAME CHANGE: 20210225
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-10-07
1
0001847986
Dragonfly Energy Holdings Corp.
DFLI
0001423905
GROSSMAN JONAS
C/O DRAGONFLY ENERGY HOLDINGS CORP.
1190 TRADEMARK DRIVE #108
RENO
NV
89521
0
0
0
1
See Remarks
Common Stock
2022-10-07
4
A
0
15000
A
500000
I
See footnote
Common Stock
3030500
I
See footnote
Private Warrants
11.50
2022-10-07
4
A
0
4627858
A
2026-08-13
Common Stock
4627858
4627858
I
See footnote
On October 7, 2022, the Issuer consummated its initial business combination (the "Business Combination") with Dragonfly Energy Corp. In connection with the Business Combination, Chardan Capital Markets LLC ("CCM LLC") was party to a subscription agreement (the "Subscription Agreement"), pursuant to which CCM LLC agreed to purchase 500,000 shares of common stock from the Issuer for aggregate proceeds of $5 million.
Under the Subscription Agreement, the number of shares CCM LLC was obligated to purchase was to be reduced by the number of shares purchased by CCM LLC in the open market (and not redeemed), and the aggregate price to be paid under the Subscription Agreement was to be reduced by the amount of proceeds received by the Issuer because such shares were not redeemed. After CCM LLC's open market purchases of 485,000 shares of common stock prior to the closing of the Business Combination, pursuant to the terms of the Subscription Agreement, CCM LLC received these 15,000 shares for no additional consideration.
Represents securities held directly by CCM LLC, for which Mr. Grossman is the President and a managing partner. Following the closing of the Business Combination, all investment and voting power over these Issuer securities was delegated to another manager of CCM LLC, and Mr. Grossman disclaims any beneficial ownership over these securities.
Represents securities held directly by Chardan NexTech Investments 2 LLC, for which Mr. Grossman is the managing member.
These Private Placement Warrants were acquired by Chardan NexTech 2 Warrant Holdings LLC ("Holdings") from the Issuer in connection with the Issuer's initial public offering. The warrants may be exercised commencing 30 days after the consummation of the Business Combination, subject to a 7.5% conversion cap.
Represents securities held directly by Holdings, for which Mr. Grossman is the managing member.
Mr. Grossman disclaims any beneficial ownership of the securities reported herein other than to the extent of any pecuniary interest he may have therein, directly or indirectly. The inclusion of the securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose or that any of the transactions reported herein are subject to Section 16.
Title: Former 10% Owner, Director and Officer (CEO, President, Secretary and Treasurer)
/s/ Jonas Grossman
2022-10-12