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DFLIW
Upturn stock ratingUpturn stock rating

Chardan NexTech Acquisition 2 Corp (DFLIW)

Upturn stock ratingUpturn stock rating
$0.01
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: DFLIW (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

Analysts rated it

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

1 Year Target Price $0

1 Year Target Price $0

Analysts Price Target For last 52 week
$0Target price
Low$
Current$0.01
high$

Analysis of Past Performance

Type Stock
Historic Profit -68%
Avg. Invested days 23
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -0.53
52 Weeks Range 0.01 - 0.08
Updated Date 05/24/2025
52 Weeks Range 0.01 - 0.08
Updated Date 05/24/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -71.94%
Operating Margin (TTM) -44.28%

Management Effectiveness

Return on Assets (TTM) -19.85%
Return on Equity (TTM) -1460.48%

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 5279877
Shares Outstanding -
Shares Floating 5279877
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Chardan NexTech Acquisition 2 Corp

stock logo

Company Overview

overview logo History and Background

Chardan NexTech Acquisition 2 Corp. was a special purpose acquisition company (SPAC) 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 was founded in 2020.

business area logo Core Business Areas

  • SPAC Operations: The company's primary business was to identify and merge with a private company, effectively taking that company public. The company was not operating in a specific industry, but was generally targeting technology businesses.

leadership logo Leadership and Structure

SPACs are typically led by experienced investors and operators. Specific leadership details for Chardan NexTech Acquisition 2 Corp would need to be found in their filings with the SEC. The company dissolves upon finding an acquisition target or after a given period of time.

Top Products and Market Share

overview logo Key Offerings

  • SPAC IPO: Chardan NexTech Acquisition 2 Corp offered shares to the public, promising to use the capital to acquire a private company. No market share data is applicable, as SPACs don't directly compete like traditional companies. Competitors are other SPACs seeking targets.

Market Dynamics

industry overview logo Industry Overview

The SPAC market has been volatile. The industry saw a boom in 2020-2021 followed by a sharp correction with increased regulatory scrutiny and lower performance from SPAC mergers.

Positioning

Chardan NexTech Acquisition 2 Corp's position depended on its ability to find an attractive merger target. Without a merger, the SPAC holds cash for investors.

Total Addressable Market (TAM)

The TAM is difficult to define precisely as SPACs are not confined to an individual industry. It is a function of the total amount of funds that can be raised in the public markets for the purposes of acquiring a company. The company's position within the TAM depends on its track record and the experience of its management team.

Upturn SWOT Analysis

Strengths

  • Experienced management team (potentially)
  • Access to capital
  • Flexibility in target selection

Weaknesses

  • Limited operating history
  • Dependence on identifying a suitable target
  • Potential for conflicts of interest
  • High dilution for pre-merger shareholders

Opportunities

  • Acquire a high-growth company
  • Capitalize on market dislocations
  • Generate high returns for investors

Threats

  • Increased regulatory scrutiny
  • Competition from other SPACs
  • Inability to find a suitable target
  • Market volatility
  • Poor performance of target company post-merger

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

The competitive landscape is defined by the pool of other SPACs seeking to acquire businesses and private equity firms also bidding for companies.

Growth Trajectory and Initiatives

Historical Growth: Growth is contingent upon the acquisition of a target company.

Future Projections: Future projections are dependent on the business plan of the acquired company.

Recent Initiatives: Recent initiatives would relate to the search for a merger target.

Summary

Chardan NexTech Acquisition 2 Corp. was a blank-check company. Its success depended on acquiring a promising company in a good deal and market conditions. With the SPAC boom passed, it faced an uphill battle and the risks of liquidation if no suitable target was identified. The company was ultimately weak in finding a target, and needed to adjust to adverse market conditions.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Financial News Articles
  • SPAC Research Websites

Disclaimers:

This analysis is based on publicly available information and general knowledge of SPACs. It does not constitute financial advice. Information may not be completely up to date or reflect all recent events.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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 2021-08-24
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.