DFLI official logo DFLI
DFLI 1-star rating from Upturn Advisory
Chardan NexTech Acquisition 2 Corp (DFLI) company logo

Chardan NexTech Acquisition 2 Corp (DFLI)

Chardan NexTech Acquisition 2 Corp (DFLI) 1-star rating from Upturn Advisory
$1.09
Last Close (24-hour delay)
Profit since last BUY109.62%
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BUY since 29 days
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

11/05/2025: DFLI (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $1

1 Year Target Price $1

Analysts Price Target For last 52 week
$1 Target price
52w Low $0.15
Current$1.09
52w High $4.98

Analysis of Past Performance

Type Stock
Historic Profit -39.86%
Avg. Invested days 21
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 131.66M USD
Price to earnings Ratio -
1Y Target Price 1
Price to earnings Ratio -
1Y Target Price 1
Volume (30-day avg) 2
Beta -0.21
52 Weeks Range 0.15 - 4.98
Updated Date 11/6/2025
52 Weeks Range 0.15 - 4.98
Updated Date 11/6/2025
Dividends yield (FY) -
Basic EPS (TTM) -3.76

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -55.84%
Operating Margin (TTM) -20.19%

Management Effectiveness

Return on Assets (TTM) -17.84%
Return on Equity (TTM) -1460.48%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 127177912
Price to Sales(TTM) 2.41
Enterprise Value 127177912
Price to Sales(TTM) 2.41
Enterprise Value to Revenue 2.33
Enterprise Value to EBITDA 48.26
Shares Outstanding 120786915
Shares Floating 59908655
Shares Outstanding 120786915
Shares Floating 59908655
Percent Insiders 1.49
Percent Institutions 4.04

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Chardan NexTech Acquisition 2 Corp

Chardan NexTech Acquisition 2 Corp(DFLI) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Chardan NexTech Acquisition 2 Corp. (Nasdaq: CNTQ) was a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It has completed its merger with Immunome (IMNM)

Company business area logo Core Business Areas

  • Special Purpose Acquisition Company: CNTQ was a SPAC, which focuses on identifying and merging with a private company to take it public. The focus of this spac was initially identifying a target in a technology company

leadership logo Leadership and Structure

As a SPAC, CNTQ was led by a management team focused on deal sourcing and execution. After merger with Immunome, the new leadership team reflected Immunome's management.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • SPAC Structure: CNTQ's primary offering was its publicly listed SPAC structure which it would use to attract and merge with a company. Competitors are other SPACs.

Market Dynamics

industry overview logo Industry Overview

The SPAC market is a segment of the IPO market. It experiences fluctuations based on investor sentiment, regulatory changes, and overall economic conditions.

Positioning

CNTQ positioned itself as a SPAC focused on the next generation of technology companies.

Total Addressable Market (TAM)

The TAM for the SPAC market fluctuates significantly. CNTQ's positioning targeted a subset of this market - technology companies, which has a TAM in the trillions. CNTQ was positioned to capture a small fraction of this through its initial public offering and subsequent merger.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Access to Public Capital
  • Flexibility in Deal Structure

Weaknesses

  • Dependence on Identifying a Suitable Target
  • Dilution to Existing Shareholders
  • Time Sensitivity

Opportunities

  • Increasing Interest in SPAC Transactions
  • Attractiveness to Private Companies Seeking Public Listing
  • Favorable Regulatory Environment

Threats

  • Increased Competition from Other SPACs
  • Unfavorable Market Conditions
  • Regulatory Changes

Competitors and Market Share

Key competitor logo Key Competitors

  • DNAB
  • SV
  • EQD

Competitive Landscape

The competitive landscape is intensely competitive with numerous SPACs seeking targets. The key differentiator is the management team's expertise and deal-sourcing capabilities. The listed companies are just examples of a highly competitive market.

Major Acquisitions

Immunome

  • Year: 2022
  • Acquisition Price (USD millions): 226
  • Strategic Rationale: Took Immunome public, providing it with capital for research and development of antibody-based therapeutics.

Growth Trajectory and Initiatives

Historical Growth: Growth is dependent on the performance of the merged company after the acquisition.

Future Projections: Future growth is tied to Immunome's pipeline and market penetration.

Recent Initiatives: Recent initiatives involve advancing Immunome's drug development programs.

Summary

Chardan NexTech Acquisition 2 Corp. was a SPAC aimed at merging with a private technology company, and it successfully merged with Immunome. The company had access to capital through its IPO and aimed to capitalize on the growing interest in SPAC transactions. CNTQ faced threats from competition from other SPACs and market volatility. The company's financial performance and growth trajectory depend on the success of Immunome's business operations.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Press Releases
  • Financial News Outlets

Disclaimers:

This analysis is based on available information and is not financial advice. Investment decisions should be made after consulting with a qualified financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Chardan NexTech Acquisition 2 Corp

Exchange NASDAQ
Headquaters Reno, NV, United States
IPO Launch date 2022-10-07
Founder, Chairman of the Board, President, CEO & Interim CFO Dr. Denis Phares
Sector Industrials
Industry Electrical Equipment & Parts
Full time employees 139
Full time employees 139

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. It operates in two segments, direct-to-consumers and original equipment manufacturers. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others. It also offers battery management systems for monitoring and controlling of battery systems, and to protect battery cells from damage in various scenarios. The company provides its products under the Dragonfly Energy, Battle Born, and Wakespeed brand names. Dragonfly Energy Holdings Corp. is headquartered in Reno, Nevada.