Volcon (VLCN) Prices 6M unit Offering at $2/unit

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Go back to Volcon (VLCN) Prices 6M unit Offering at $2/unit

Volcon, Inc. Announces Pricing of $12.0 Million Underwritten Public Offering

February 5, 2025 9:03 AM EST

AUSTIN, TX / ACCESS Newswire / February 5, 2025 / Volcon, Inc. (NASDAQ: VLCN) (the "Company"), the first all-electric, off-road powersports company, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $12.0 million, before deducting underwriting fees and other offering expenses payable by the Company.

The offering consists of 6,000,000 Common Units (or Pre-Funded Units), each consisting of (i) one (1) share of Common Stock or Pre-Funded Warrant and (ii) one (1) Registered Common Warrant to purchase... More