Dragonfly Energy Holdings Corp., a producer of deep cycle lithium-ion storage batteries and a company focused on energy storage, participated in the Opening Bell Ceremony at the Nasdaq Stock Market today, Oct. 21.
The reason was to celebrate its recent business combination. Earlier this month Dragonfly
completed its business combination with Chardan NexTech Acquisition 2 Corp. The combined company will operate under the Dragonfly name and publicly trade on the Nasdaq Stock Exchange under the “DFLI” symbol.
“We are excited to begin the next chapter of Dragonfly’s story,” said Dr. Denis Phares, chief executive officer of Dragonfly. “Becoming a public company is an important and exciting step forward for us. The proceeds from this transaction and our relationships with key partners bring us closer to making safe, affordable energy storage a reality by facilitating the development and large-scale deployment of our All-Solid-State-Battery technology, while also helping us grow our existing core business.”