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Stock impact report

Volcon ePowersports Reports 2023 Operational and Financial Results

Volcon, Inc. (VLCN) 
Company Research Source: GlobeNewswire
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. Nasdaq is currently evaluating the Company’s plan and the timing of the decision is at the discretion of the Hearing Department. In the event that the Hearing Department does not agree wi Show less Read more
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