Dragonfly Energy amends senior secured term loan, adds $450,000 paid-in-kind fee

Dragonfly Energy entered an eighth amendment to its senior secured term loan facility on Sept. 30, 2026. Lenders waived minimum liquidity covenant testing for the fiscal month ended that day and waived a dividend-related default tied to a deferred Series B preferred cash dividend, contingent on a modified payment schedule. The $450,000 amendment fee will be paid in kind by adding it to the loan’s principal balance.