Volcon Stock Plummets After Raising $20M Via Equity Offering At 20% Discount
Volcon Inc (NASDAQ:VLCN) has priced the underwritten public offering of 6.7 million shares to the public at $3 per share. The issue price represents a 20.6% discount to the company’s last closing price on January 27. The company expects gross proceeds from the offering to be about $20 million. The company also granted…
Benzinga ·
Benzinga
