Volcon

Volcon, Inc. engages in the design and development of electric outdoor power sports vehicles. It also offers electric two and four-wheel motorcycles and utility terrain vehicles. The company was founded by Christian Gerard Okonsky and Adrian James on February 21, 2020 and is headquartered in Round Rock, TX.

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AUSTIN, Texas, June 01, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon'' or the “Company”), the first all-electric, off-road powersports company invited key media, dealers and international distributors to test drive prototype models of the Company's flagship product, the Stag, during a VIP Demo Day event held before Memorial Day Weekend.

Volcon Gives Key Media, Dealers and International Distributors Inside Look at Flagship Product, the Stag, at Demo Day Event

NEW YORK, NY / ACCESSWIRE / May 24, 2023 / Aegis Capital Corp. acted as Exclusive Investment Bank on $9.0 Million Securities Offerings for Volcon, Inc. (NASDAQ:VLCN). About Volcon, Inc. Based in the Austin, Texas area, Volcon was founded as the first all-electric powersports company producing high-quality and sustainable electric vehicles for the outdoor community.

Aegis Capital Corp. Acted as Exclusive Investment Bank on $9.0 Million Securities Offerings for Volcon, Inc. (NASDAQ:VLCN)

AUSTIN, Texas, May 24, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN), (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today announced the concurrent closing of an underwritten public offering (the “Offering”) and a private placement. Gross proceeds of the Offering to the Company were $4.5 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The Offering consisted of 6,000,000 shares of common stock at a public offering price of $0.75 per share. The Company intends to use the net proceeds from the Offering for general corporate purposes, including working capital, operating expenses and capital expenditures.

Volcon, Inc. Announces Concurrent Closing of $9.0 Million Securities Offerings

Volcon (NASDAQ: VLCN ) stock is taking a beating on Monday after the all-electric powersports company announced a public equity offering. Volcon is intending to offer securities as part of a firm commitment underwritten public offering.

Why Is Volcon (VLCN) Stock Down 37% Today?

AUSTIN, Texas, May 22, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN), (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today announced the pricing of an underwritten public offering (the “Offering”) with gross proceeds to the Company expected to be $4.5 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The Offering consists of 6,000,000 shares of common stock at a price of $0.75 per share. In addition, the Company has granted Aegis Capital Corp., the underwriter in the Offering, a 45-day option to purchase up to an additional 900,000 shares of common stock and/or pre-funded warrants at the Offering price, less underwriting discounts and commissions.

Volcon, Inc. Announces $9.0 Million in Securities Offerings and Pricing of Previously Announced Public Offering

AUSTIN, Texas, May 19, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN), (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today announced that it intends to offer its securities in a firm commitment underwritten public offering (the “Offering”). The Company intends to use the net proceeds from the Offering for general corporate purposes, including working capital, operating expenses and capital expenditures. The offering is expected to close on May 24, 2023, subject to customary conditions.

Volcon, Inc. Launches Proposed Public Equity Offering

AUSTIN, Texas, May 05, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today reported its operational highlights and financial results for the first quarter of 2023.

Volcon ePowersports Reports First Quarter 2023 Operational and Financial Results

AUSTIN, Texas, May 02, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon'' or the “Company”), the first all-electric, off-road powersports company, announced today that it will expand its dedication of purposeful relationships by collaborating with two EV charging solutions providers, InCharge Energy Inc. and Qmerit. Each charging solutions provider will offer respective audiences with tailored charging solutions, giving both consumers and dealers options for charging their electric Volcon vehicles.

Volcon Aligns with EV Charging Solutions Providers, InCharge and Qmerit

AUSTIN, Texas, April 26, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today its portfolio of electric vehicles will be available at Canadian dealerships, with industry veteran Gerry Picard being named the brand's Canadian National Sales Manager.

Volcon ePowersports Announces Expansion into Canada, Hiring Industry Veteran Gerry Picard to Lead Sales

Volcon Moves Forward With Industrial Plan, But The Financing Environment Has Hobbled It.

Volcon Moves Forward With Industrial Plan, But The Financing Environment Has Hobbled It

AUSTIN, Texas, April 11, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today it has entered into a multi-year distribution agreement (the “Importer Agreement”) with Brazilian importer, Comfort Industria E Comercio LTDA (“Ventura Experience”, or “Ventura”) with a minimum purchase requirement of $12.0 million (up to 17.2 million if full sales forecast for Brazil is met) over a three year period beginning in 2023. The Importer Agreement was effective March 31, 2023, and includes up to five additional countries with up to $3.4 million of additional minimum purchase requirements (up to $4.8 million if sales forecast is reached). Sales in these additional countries is contingent upon approval from a component supplier to the Stag to sell into these countries.

Volcon Continues Expansion in The Americas and Secures a $12.0 Million Minimum Purchase Requirement From Brazilian Importer

Electrameccanica

AUSTIN, Texas & MESA, Ariz.--(BUSINESS WIRE)--Volcon Inc. (NASDAQ: VLCN) (“Volcon”), the first all-electric, off-road powersports company, and ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today jointly announced that ElectraMeccanica has been selected for the final assembly of Volcon's electric UTV, the Stag.

Volcon & GLV Award ElectraMeccanica Additional Assembly Contract for Fully Electric STAG at EMV's Mesa, AZ Facility

Volcon unveils Grunt EVO, the new edition of its original Grunt motorcycle, along with its smaller counterpart, the Runt LT; build yours today! Volcon unveils Grunt EVO, the new edition of its original Grunt motorcycle, along with its smaller counterpart, the Runt LT; build yours today!

Volcon ePowersports Launches New Grunt EVO and Runt LT Off-Road Motorcycles

AUSTIN, Texas & MESA, Ariz.--(BUSINESS WIRE)--Volcon Inc. (NASDAQ: VLCN) (“Volcon''), the first all-electric, off-road powersports company, and ElectraMeccanica Vehicles Corp.

Volcon, GLV and ElectraMeccanica Announce Assembly Agreement Utilizing ElectraMeccanica's Mesa, AZ Facility

AUSTIN, Texas, March 07, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today the Company will be showcasing their vehicles at the 35th Annual Roth Conference, to be held March 12-14, 2023 at The Ritz-Carlton, Laguna Niguel in Dana Point, CA.

Volcon to Participate and Feature Off-Road Electric Vehicles at Roth Investor Conference

AUSTIN, Texas, March 06, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon'' or the “Company”), the first all-electric, off-road powersports company, today reported its operational highlights and financial results for fiscal year 2022.

Volcon ePowersports Reports Annual 2022 Operational and Financial Results

Volcon to be the first UTV brand to co-develop directly with BFGoodrich on a new EV tire and other EV technologies. Volcon to be the first UTV brand to co-develop directly with BFGoodrich on a new EV tire and other EV technologies.

Volcon ePowersports Announces Collaboration with BFGoodrich Tires in Off-Road Racing Program

AUSTIN, Texas, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced a series of milestones today highlighting the Company's progress over the last year, along with key insights into 2023 product developments.

Volcon Announces 2023 Vehicle Roadmap as Stag Pre-Production Orders Reach $116M+

AUSTIN, Texas, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today that Dave McMahon has been appointed Channel Marketing Manager. McMahon comes to Volcon with a deep understanding and skill set focused on powersports dealerships.

Volcon Hires Powersports Industry Veteran Dave McMahon

AUSTIN, TX / ACCESSWIRE / November 10, 2022 / Volcon Inc. (NASDAQ:VLCN) ("Volcon" or the "Company"), the first all-electric, off-road powersports company, today reported its operational highlights and financial results for the third quarter of 2022. Company Highlights: Through September 30, 2022 signed 144 dealers Have taken pre-orders for the Stag and Brat through September 30, 2022 of more than $100 million if all orders are fulfilled[1] Launched the 2023 Volcon Brat on September 8, 2022 Awarded first Stag UTV pre-order with the US Army Closed $27.2 million senior convertible notes offering with warrants for net proceeds of $22.3 million Closed manufacturing operations August 25, 2022 and outsourced the assembly of the Grunt to GLV Ventures anticipated to improve cash flow and profitability [1] Pre-orders are cancellable until they are fulfilled.

Volcon ePowersports Reports Third Quarter 2022 Operational and Financial Results

AUSTIN, Texas, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today that it was invited to exhibit its EV product lineup at the grand opening of the Texas A&M University (TAMU) RELLIS Campus George H.W. Bush Combat Development Complex (BCDC).

Volcon Exhibits EV Lineup at Texas A&M Bush Combat Development Complex Grand Opening

AUSTIN, Texas, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today that it has signed an exclusive co-branding and distribution agreement with Torrot Electric Europa, S.A. Volcon will be granted exclusive rights to sell the new range of youth motorcycles throughout the United States, Caribbean Community countries and dependencies, as well as Central and South America. The motorcycles will be built by Torrot at their facility near Barcelona, Spain.

Volcon Announces Exclusive Co-Branding and Distribution Partnership with Torrot Electric Europa

AUSTIN, Texas, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today that it has been awarded its first order to deliver two Stag UTV vehicles to the U.S. Army under the management of the U.S. Army Engineer Research and Development Center's (ERDC) Construction Engineering Research Laboratory (CERL).

Volcon Awarded First Stag UTV Order With US Army

AUSTIN, Texas, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today that Katie Hale has been appointed Chief Marketing Officer. Hale comes to Volcon with a deep understanding and skill set focused on social and digital marketing, omni-channel media, and brand building.

Volcon Hires Outdoor Industry Marketing Veteran Katie Hale

AUSTIN, Texas, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN), (“Volcon'' or the “Company”), the first all-electric, off-road powersports company, announced today that it has officially entered into the e-bike market with the launch of its class 2 e-bike, the Volcon Brat.

News for Volcon Stock (VLCN)