Dragonfly Energy Holdings Corp. announced on September 25, 2026, that its Audit Committee has approved the dismissal of CBIZ CPAs P.C. as the company’s independent registered public accounting firm. The company simultaneously approved the engagement of MaloneBailey LLP to serve in that capacity as of and for the fiscal year ending December 31, 2026.
The company stated that the change in accountants is not the result of any disagreement with CBIZ CPAs. According to the filing, CBIZ CPAs’ audit report on the company’s consolidated financial statements for the year ended December 31, 2025, did not contain an adverse opinion, disclaimer of opinion, or qualification regarding uncertainty, audit scope, or accounting principles.
The filing details the history of the company’s accounting firm transitions. Marcum LLP notified the company on March 21, 2025, of its intention to resign effective upon the filing of the Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Following the filing of the Form 10-K on March 31, 2025, Marcum LLP’s resignation became effective, and CBIZ CPAs was appointed.
The company reported that from March 31, 2025, through September 25, 2026, there were no disagreements with CBIZ CPAs on accounting principles, financial statement disclosure, or auditing scope or procedure. Additionally, there were no “reportable events” during this period.
The company also noted that neither it nor its representatives consulted MaloneBailey LLP regarding the application of accounting principles or the type of audit opinion to be rendered during the fiscal years ended December 31, 2024, and 2025, or the subsequent interim periods through September 25, 2026. A copy of CBIZ CPAs’ letter addressed to the Securities and Exchange Commission regarding these disclosures is filed as Exhibit 16.1 to this report.
