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Announced

Dragonfly Energy to go public via a SPAC merger with Chardan NexTech Acquisition 2 in a $500m deal.

Synopsis

Dragonfly Energy, an energy storage and producer of deep cycle lithium-ion storage batteries, agreed to go public via a SPAC merger with Chardan NexTech Acquisition 2 in a $500m deal. "As an innovator in the battery space, Dragonfly can transform distributed energy storage with the growth and commercialization of its All-Solid-State-Battery technology. We are excited to support the team as they become a public company," Jonas Grossman, CNTQ CEO and Director.

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