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.

Earnings data Q4 2023

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AUSTIN, Texas, March 28, 2024 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon”, the “Company” or “we”), the first all-electric, off-road powersports company, today reported its operational highlights and financial results for the year ended December 31, 2023. Company Highlights: ● Completes hearing with Nasdaq ● John Kim appointed as Chief Executive Officer and President ● Delivered first Stag to the Army Corp. of Engineers on February 27, 2024 ● Continued delivery of the Grunt EVO (1,189 pre-orders, 180 units shipped) ● Discontinue sales of the Volcon Youth motorcycles ● 103 U.S. dealers and 9 international distributors covering 14 countries Volcon presented its plan of compliance to the Nasdaq Hearing Panel on March 26, 2024 regarding ongoing compliance with the bid price and equity compliance.

Volcon ePowersports Reports 2023 Operational and Financial Results

SunPower

Upstart Holdings

Short-sellers have lost a fortune this year as American equities have continued soaring. The Nasdaq 100 and S&P 500 indices have surged to a record high and analysts expect that this trend may continue this year.

Shorts prevail as SunPower, Volcon, Upstart (UPST) stocks plunge

Volcon (NASDAQ: VLCN) stock price has seen elevated volatility this week after the company published a statement on its Volcon Stag project. The stock initially surged to $2.38, 195% above its lowest level this year.

Volcon stock price forecast: is VLCN too cheap to ignore?

Volcon (NASDAQ: VLCN ) stock is taking off on Thursday as shares of the electric powersport vehicles company experience heavy trading this morning. This has more than 16 million shares of VLCN stock changing hands during pre-market hours today.

Why Is Volcon (VLCN) Stock Up 51% Today?

AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company posted a video to its website receiving the first two Stag production units at its headquarters in Round Rock, Texas yesterday.

Volcon ePowersports Releases New Video of First Stag Units at Headquarters

AUSTIN, Texas, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company posted a video to its website providing an update on the Stag launch. A link to the video is posted below:

Volcon Releases Second Production Update Video

AUSTIN, Texas, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company posted a video to its website providing an update on the Stag launch. A link to the video is posted below:

Volcon Provides Video to Update Stag Launch

AUSTIN, Texas, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company announces that John Kim has been appointed Chief Executive Officer. Kim has served on Volcon's Board of Directors as an independent director since July 2021.

Volcon Hires Veteran Entrepreneur to Restructure the Organization in Advance of the Stag Launch

AUSTIN, TX / ACCESSWIRE / January 31, 2024 / Volcon Inc. (NASDAQ:VLCN), ("Volcon" or the "Company"), the first all-electric, off-road powersports company, today announced that it filed an amendment to its amended and restated certificate of incorporation with the Secretary of State of the State of Delaware to effect a 1-for-45 reverse stock split of its common stock. The reverse stock split will take effect at 11:59 pm (Eastern Time) on February 2, 2024, and the Company's common stock will open for trading on The Nasdaq Capital Market on February 5, 2024 on a post-split basis, under the existing ticker symbol "VLCN" but with a new CUSIP number 92864V301.

Volcon Announces Reverse Stock Split

Volcon (NASDAQ: VLCN ) stock is on the rise Friday after Empery Asset Management, LP took a stake in the electric powersport vehicle company. A filing with the Securities and Exchange Commission (SEC) reveals that Empery Asset Management, LP 9.99% stake in the company.

Why Is Volcon (VLCN) Stock Up 59% Today?

Shares of Volcon Inc. VLCN, +72.93% rocketed 88.9% in very active trading Tuesday, putting them on track for a record one-day gain. Trading volume ballooned to an already full-day record of 93.3 million shares, enough to make the all-electric off-roading vehicle company's stock the most actively traded on major U.S. exchanges.

Volcon's stock rockets toward record gain on record volume, in wake of EV maker's update on supply chain issues

AUSTIN, Texas, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today provided an important update and clarification regarding the development of its eagerly anticipated Stag model.

Volcon Stag Manufacturing Update December 2023

AUSTIN, Texas, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, shared operational updates today, including sales growth and an expansion of its distribution network during the holiday shopping season. The company has seen an increase in sales for its EVO and Volcon Youth Motorcycle lines as well as Brat e-bikes, attributing much of this success to effective holiday promotions and steady production advancements.

Volcon ePowersports Operational Update for December 2023

AUSTIN, Texas, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) ("Volcon" or the "Company"), the first all-electric, off-road powersports company, announces the appointment of Doug Cline as the new Director of Sales for the United States. With over 15 years of experience in operations, strategy, and business development, Doug brings a proven track record of driving growth and executing successful sales strategies.

Volcon ePowersports Welcomes Doug Cline as Director of Sales for the United States

NEW YORK, NY / ACCESSWIRE / November 20, 2023 / Aegis Capital Corp. acted as Sole Bookrunner on a $18.0 Million Underwritten Public Offering for Volcon, Inc. (NASDAQ:VLCN). About Volcon, Inc. Based in the Austin, Texas area, Volcon was founded as the first all-electric power sports company producing high-quality and sustainable electric vehicles for the outdoor community.

Aegis Capital Corp. acted as Sole Bookrunner on a $18.0 Million Underwritten Public Offering for Volcon, Inc. (NASDAQ: VLCN)

AUSTIN, TX / ACCESSWIRE / November 20, 2023 / As previously announced on November 17, 2023, Volcon, Inc. (NASDAQ:VLCN), ("Volcon" or the "Company"), the first all-electric, off-road powersports company, announced today the closing of a firm commitment underwritten public offering. The aggregate gross proceeds to the Company were $18.0 million, before deducting underwriting discounts and other estimated expenses payable by the Company.

Volcon ePowersports Completes an Underwritten Public Offering to Fund Delivery of the Stag and Support 2024 Operations

AUSTIN, TX / ACCESSWIRE / November 17, 2023 / Volcon, Inc. (NASDAQ:VLCN), ("Volcon" or the "Company"), the first all-electric, off-road powersports company, announced today the closing of a firm commitment underwritten public offering. The aggregate gross proceeds to the Company were $18.0 million, before deducting underwriting discounts and other estimated expenses payable by the Company.

Volcon, Inc. Announces Closing of $18.0 Million Underwritten Public Offering

AUSTIN, TX / ACCESSWIRE / November 16, 2023 / Volcon, Inc. (NASDAQ:VLCN), ("Volcon" or the "Company"), the first all-electric, off-road powersports company, announced today the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $18.0 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering consists of 42,857,142 Common Units or Pre-funded Units, each consisting of one share of common stock or one pre-funded warrant ("Pre-Funded Warrant") to purchase one share of common stock, 0.35 of a warrant to purchase one share of common stock at an exercise price of $0.55 per share (or 130% of the price of each Common Unit sold in the offering) or pursuant to an alternative cashless exercise option, which warrant will expire on the five-year anniversary of the original issuance date (the "Series A Warrants") and 0.35 of a warrant to purchase one share of common stock at an exercise price of $0.84 per share (or 200% of the price of each Common Unit sold in the offering), which warrant will expire on the five-year anniversary of the original issuance date (the "Series B Warrants" and together with the Serie s A Warrants, the "Warrants").

Volcon, Inc. Announces Pricing of $18.0 Million Underwritten Public Offering

Volcon (NASDAQ: VLCN ) stock is falling on Thursday after the electric off-road power sports vehicle maker filed a notice of effectiveness for a public share offering. According to a filing with the Securities and Exchange Commission, the company is selling up to 19,565,217 shares of VLCN stock in this offering.

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

AUSTIN, Texas, Oct. 31, 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 third quarter of 2023.

Volcon ePowersports Reports Third Quarter 2023 Operational and Financial Results

AUSTIN, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today it has expanded its global distribution network into New Zealand. The Company penned an exclusive distribution agreement with Powersports Import and Distribution Limited, trading as Indi Imports. Indi Imports joins a family of established specialist powersports and automotive businesses in Queenstown Lakes District, Wānaka, New Zealand.

Volcon ePowersports Strikes Exclusive Distribution Deal with Indi Imports in New Zealand

AUSTIN, Texas, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today it has entered low-volume production and is conducting production validation testing for its flagship product, the Stag UTV. The Company's manufacturer, GLV Ventures, is currently building production validation units of Stag LTD, one of four trim levels being offered. Early production units are being put through the last phase of testing with compliance testing already complete, marking a major milestone for the Company.

Volcon ePowersports Announces It Has Entered Into Initial Low Volume Production of Its Flagship STAG UTV

Customers will start receiving their new EVOs in a few days. Interest in the electric motorcycle remains strong in both domestic and in LATAM markets.

Initial Units of Volcon's New EVO Electric Motorcycle Now Shipping to US Customers

AUSTIN, Texas, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today the signing of a Cooperative Research and Development Agreement (CRADA) with the United States Army Engineer Research and Development Center, Construction Engineering Research Laboratory (ERDC). Volcon believes this collaboration marks a significant step forward in the development of EV technology for both civilian and military applications.

Volcon ePowersports Announces Cooperative Research and Development Agreement with the United States Army Engineer Research and Development Center

AUSTIN, TX / ACCESSWIRE / October 9, 2023 / Volcon Inc. (NASDAQ:VLCN) ("Volcon" or the "Company"), the first all-electric, off-road powersports company, is pleased to announce a financial milestone with the formalization of a factoring agreement with Prestige Capital Finance, LLC ("Prestige"). This arrangement provides Volcon with newfound access to cash, enabling the Company to accelerate its growth and meet the expected demand for its revolutionary electric vehicles.

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