Dragonfly Energy Holdings Corp. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS During the quarter ended September 30, 2023 and subsequent to the end of the quarter through the date of this filing, as a result of the shares of common stock sold by the Company pursuant to the ChEF, the Company issued additional Penny Warrants under which an additional 4,277 shares of Common Stock are issuable upon the exercise of the Penny Warrants pursuant to the anti-dilution adjustment provisions in the Penny Warrants. The Penny Warrants and the shares of common stock issuable upon the exercise of the Penny Warrants have not been registered under the Securities Act of 1933, as amended, and were offered pursuant to the exemption from registration provided in Section 4(a)(2) under the Securities Act of 1933, as amended, and Rule 506(b) promulgated thereunder. ITEM 3. DEFAULTS UPON SENIOR SECURITIES None. ITEM 4. MINE SAFETY DISCLOSURES Not applicable.