Volcon Inc (VLCN)

[infamous]

thanx to your shareholder friendly management, a year ago they issued THIS(which is why the stock is in .20s now),
On May 20, 2023, Volcon, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain institutional investors listed on the signature pages thereto (individually, the “Investor” and collectively, the “Investors”) pursuant to which the Company agreed to issue and sell to the Investors in a private placement (i) senior non-convertible notes in an aggregate principal amount of $2,942,352.00 (the “Notes”), and (ii) five-year warrants to purchase approximately 10.1 million shares of Company common stock with an exercise price of $0.29 per share (the “Warrants”). The closing of the private placement will occur upon the satisfaction of customary closing conditions.