on Volcon EPowersports, Inc. (NASDAQ:VLCN)
Volcon, Inc. Launches Proposed Public Offering
Volcon, Inc., the first all-electric, off-road powersports company, announced the launch of a public offering. The offering includes shares of common stock and warrants to purchase additional shares. The company plans to leverage the net proceeds for general corporate purposes and working capital needs. Listed on the Nasdaq Capital Market under "VLCN," the offering's completion will depend on market conditions.
Aegis Capital Corp. will manage the offering as the sole book-running manager. The securities are being offered under an effective shelf registration statement with the SEC. A preliminary prospectus supplement will be filed with the SEC for review.
It's important to note that the offering is contingent on legal compliance across jurisdictions and this announcement does not constitute an offer to sell.
R. H.
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