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sur Volcon EPowersports, Inc. (NASDAQ:VLCN)

Volcon, Inc. Completes $12 Million Public Offering

Graphique de l'évolution du cours de l'action Volcon EPowersports, Inc. (EBR:VLCN).

Volcon, Inc., a pioneer in all-electric, off-road powersports, announced the closure of its public offering, raising gross proceeds of $12.0 million. The offering included 6,000,000 Common Units at $2.00 each, incorporating shares of Common Stock and Registered Common Warrants to purchase additional shares. These Common Warrants are immediately exercisable with a five-year expiration.

The funds raised will be channeled into general corporate purposes and working capital. The company has also recently announced an At-The-Market Issuance for $9.47 million. Aegis Capital Corp. led the offering, with ArentFox Schiff LLP and Kaufman & Canoles, P.C. providing legal counsel.

This offering took place following an effective registration with the U.S. Securities and Exchange Commission. While this announcement highlights a strategic financial move, it does not constitute a sale offer in restricted jurisdictions.

R. H.

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