Volcon, inc. launches proposed public equity 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.
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