EXCLUSIVE: Dragonfly Energy Tells Benzinga 'Dragonfly Energy will receive an initial licensing fee of $5 million and have the right to mid-single digit royalty payments for up to an additional $25 million'
Portfolio Pulse from Benzinga Newsdesk
Dragonfly Energy will receive an initial licensing fee of $5 million and have the right to mid-single digit royalty payments for up to an additional $25 million.
July 30, 2024 | 11:30 am
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POSITIVE IMPACT
Dragonfly Energy will receive an initial licensing fee of $5 million and have the right to mid-single digit royalty payments for up to an additional $25 million.
The $5 million initial licensing fee and potential for up to $25 million in royalties represent a significant financial boost for Dragonfly Energy. This will likely positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Dragonfly Energy will receive an initial licensing fee of $5 million and have the right to mid-single digit royalty payments for up to an additional $25 million.
The $5 million initial licensing fee and potential for up to $25 million in royalties represent a significant financial boost for Dragonfly Energy. This will likely positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100