Dragonfly Energy and Chardan NexTech Acquisition 2 Corp. to Host Fireside Chat Today with IPO Edge to Discuss Business Combination

Dragonfly Energy Corp. (“Dragonfly”), a leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced it will host a fireside chat with IPO Edge today, Monday, August 8 at 3pm ET, to discuss the business combination with Chardan NexTech Acquisition 2 Corp., the energy storage market for RVs, marine vessels, material handling, and off-grid residences, and the outlook for solid-state battery technology. 

This live event will feature Dragonfly CEO, Dr. Denis Phares and CNTQ CEO Jonas Grossman, joined by IPO Edge Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks in a moderated video session lasting approximately 60 minutes and including a Q&A with the audience.

Dr. Phares and Mr. Grossman will discuss:

• Business and commercial overview of Dragonfly Energy
• The advantage of lithium-ion technology over lead-acid batteries
• Dragonfly’s proprietary capabilities vs. li-ion competitors
• The energy storage market for RVs, marine vessels, material handling, and off-grid residences
• The outlook for solid-state battery technology
• Business combination with Chardan NexTech Acquisition 2 Corp.

Dragonfly Energy Corp., headquartered in Reno, Nevada, is a leading supplier of deep cycle lithium-ion batteries, which are sold direct-to-consumers under the Battle Born Batteries™ brand and to original equipment manufacturers, such as Keystone RV. Dragonfly’s research and development initiatives are seeking to revolutionize the energy storage industry through innovative technologies and manufacturing processes. Today, Dragonfly’s non-toxic deep cycle lithium-ion batteries are displacing lead-acid batteries across a wide range of end-markets, including RVs, marine vessels, off-grid installations, and other storage applications. Dragonfly is also focused on delivering an energy storage solution to enable a more sustainable and reliable smart grid through the future deployment of the Company’s proprietary and patented solid-state cell technology. To learn more, visit www.dragonflyenergy.com/investors.

Dragonfly previously announced an agreement for a business combination with Chardan NexTech Acquisition 2 Corp., which is expected to result in Dragonfly becoming a public company listed on the Nasdaq Stock Exchange under the new ticker symbol “DFLI” in the second half of 2022, subject to customary closing conditions.

Chardan NexTech Acquisition 2 Corp. is a blank check company led by its Chairman of the Board of Directors, Kerry Propper, its Chief Executive Officer and Director, Jonas Grossman, and its Chief Financial Officer and Director, Alex Weil. The company was formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The Company has focused its search for a target business operating in disruptive technologies. To learn more, visit https://www.cnaq.com/.