Aegis Capital Corp. Acted as Sole Bookrunner on a $20 Million Underwritten Public Offering of Common Shares for Volcon, Inc. (NASDAQ: VLCN)
Aegis Capital Corp. has successfully acted as the Sole Bookrunner for a $20 Million Underwritten Public Offering of Common Shares for Volcon, Inc. (NASDAQ: VLCN). Volcon is a pioneering all-electric powersports company based in Texas, creating high-quality off-road vehicles. The company aims to enhance outdoor experiences through innovative electric designs. Its first product, the Grunt, began shipping in September 2021, with future models like the Runt and UTVs in development. This offering will facilitate Volcon's growth and operational expansion.
- Raised $20 million to support company growth and operational expansion.
- Volcon is positioned in the rapidly expanding electric vehicle market.
- None.
NEW YORK, NY / ACCESSWIRE / February 1, 2022 / Aegis Capital Corp. acted as Sole Bookrunner on a
About Volcon, Inc.
Volcon Inc. is the first all-electric, powersports company producing high quality off-road vehicles. Based in Round Rock, Texas, Volcon joins many major electric vehicle manufacturers near Austin, Texas, an area that is poised to become the electric vehicle capital of the world. Volcon was founded with the mission to amplify the powersports experience for all by building industry-leading products that connect people to outdoor experiences through the intentional blending of leading technology and design. Volcon produces all-electric, zero emission, off-road vehicles that are designed to elevate the outdoor experience whether at work or on the home front. Volcon's first product, the innovative Grunt combines a fat tire physique with high-torque electric power and a near-silent drive train which started shipping in September of 2021. Future models include the Runt, which is a youth-sized version of the groundbreaking Grunt. The Stag and Beast will be Volcon's venture into the rapidly expanding world of UTVs and coming in future years as the company continues to expand.
For more information, please visit: www.volcon.com
About Aegis Capital Corporation
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.
For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.
Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.
SOURCE: Aegis Capital Corp.
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FAQ
What is the purpose of Volcon's $20 million offering?
How will Volcon use the funds from the public offering?
When did Volcon's first product, the Grunt, start shipping?
What are Volcon's future product plans?
Who acted as the bookrunner for Volcon's public offering?
