Volcon (NASDAQ: VLCN), an all-electric power sports company producing high-quality and sustainable electric vehicles for the outdoor community, recently closed a private placement. The transaction resulted in gross proceeds of $2,942,352. Aegis Capital Corp. acted as the exclusive placement agent on the private placement.

For more information, visit the company’s website at www.Volcon.com.

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. Volcon electric vehicles are the future of off-roading, not only because of their environmental benefits but also because of their near-silent operation, which allows for a more immersive outdoor experience. Volcon’s vehicle roadmap includes both motorcycles and UTVs. For more information about the company, visit www.Volcon.com.

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