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VLCN
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Volcon ePowersports Reports Operational Highlights and Fourth Quarter 2024 Financial Results

1. VLCN signed exclusive agreements boosting market presence and product range. 2. Company raised $19.5 million and announced a share repurchase program.

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FAQ

Why Bullish?

The exclusive agreements and funding raise investor confidence. Historically, strong partnerships and capital injections lead to upward price movements.

How important is it?

The article presents solid business alliances and financial stability, crucial for VLCN's growth narrative.

Why Short Term?

Immediate effects from announcements can influence stock behavior quickly as investors react. Similar past cases show spikes in interest following news of new partnerships.

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VENOMSSON
AUSTIN, TX / ACCESS Newswire / March 17, 2025 / 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 quarter ended December 31, 2024 Company Highlights: Signed exclusive golf cart distribution agreement with Super Sonic Company Ltd. Signed golf cart supply agreement with Venom-EV Launched the HF1 UTV in the fourth quarter of 2024 Received the first prototypes of the FT1 dual sport motorcycle Raised $19.5 million in February 2025 from our At the Market and Equity Offerings Announced share repurchase program in March 2025 for up to $2 million As previously announced, in January 2025 we signed an agreement to be the exclusive distributor of Super Sonic Company Ltd.

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