Volcon, inc. closes $700,000 underwritten public offering, utilizing current remaining shelf availability

Austin, tx / accesswire / september 18, 2023 / volcon inc. (nasdaq:vlcn), ("volcon" or the "company"), the first all-electric, off-road powersports company, announced today the closing of an underwritten public offering with gross proceeds to the company of approximately $700,000, before deducting underwriting discounts and other estimated expenses payable by the company. the base offering consisted of 1,400,000 shares of common stock at a price to the public of $0.50 per share.
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