Key facts
- This page summarizes Jonas Grossman's Form 4 filing for Dragonfly Energy Holdings Corp. (DFLI).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 12 Oct 2022, 19:24.
Jonas Grossman - 07 Oct 2022 Form 4 Insider Report for Dragonfly Energy Holdings Corp. (DFLI)
- Reporting relationship
- Other*
- Issuer ticker
- DFLI
- Reported as of
- 07 Oct 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 12 Oct 2022, 19:24:43 UTC
- Prior SEC filing
- 04 Oct 2022
- Next SEC filing
- 05 Dec 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jonas Grossman
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jonas Grossman filed Form 4 for Dragonfly Energy Holdings Corp. (DFLI) on 12 Oct 2022.
Change
- Previous filing in this sequence was filed on 04 Oct 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DFLI
transaction
Common Stock
Award
- Transaction value
- Shares
- +15,000
- Change %
- +3.1%
- Price
- Shares after
- 500,000
- Date
- 07 Oct 2022
- Ownership
- See footnote
- Footnotes
- F1, F2, F3
DFLI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,030,500
- Date
- 07 Oct 2022
- Ownership
- See footnote
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DFLI
transaction
Derivative
Private Warrants
Award
- Transaction value
- Shares
- +4,627,858
- Change %
- Price
- Shares after
- 4,627,858
- Date
- 07 Oct 2022
- Ownership
- See footnote
- Underlying class
- Common Stock
- Underlying amount
- 4,627,858
- Exercise price
- $11.50
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Jonas Grossman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 6 footnotes
Footnote F1
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.
Footnote F2
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.
Footnote F3
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.
Footnote F4
Represents securities held directly by Chardan NexTech Investments 2 LLC, for which Mr. Grossman is the managing member.
Footnote F5
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.
Footnote F6
Represents securities held directly by Holdings, for which Mr. Grossman is the managing member.
SEC remarks
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)