Volcon Files 8-K on Shareholder Vote Submission

TL;DR

**Volcon filed an 8-K about a shareholder vote, signaling potential upcoming corporate changes.**

AI Summary

Volcon, Inc. filed an 8-K on January 12, 2024, to report the submission of matters to a vote of security holders. This filing indicates that the company is engaging its shareholders on important decisions, which could include corporate governance changes, stock authorizations, or other strategic moves. For investors, this matters because shareholder votes often precede significant operational or financial changes that can impact the stock's future performance and valuation.

Why It Matters

This filing signals that Volcon, Inc. is putting key decisions before its shareholders, which could lead to changes in the company's structure or strategy, potentially affecting stock value.

Risk Assessment

Risk Level: medium — The filing itself is administrative, but the underlying shareholder vote could involve high-impact decisions, creating uncertainty.

Analyst Insight

A smart investor would monitor Volcon, Inc.'s subsequent filings for details on the matters submitted to the shareholder vote and the results, as these could indicate future strategic directions or financial changes.

Key Players & Entities

• Volcon, Inc. (company) — the registrant filing the 8-K
• January 12, 2024 (date) — date of earliest event reported and filing date
• 001-40867 (string) — Commission File Number for Volcon, Inc.
• VLCN (string) — trading symbol for Volcon, Inc. Common Stock
• NASDAQ (string) — exchange where Volcon, Inc. Common Stock is registered

Forward-Looking Statements

• Volcon, Inc. will disclose the results of the shareholder vote in a subsequent SEC filing. (Volcon, Inc.) — high confidence, target: Q1 2024
• The shareholder vote will involve proposals related to corporate governance or capital structure. (Volcon, Inc.) — medium confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.00001 — h registered Common Stock , par value $0.00001 per share VLCN NASDAQ Indicate by

Filing Documents

• volcon_8k.htm (8-K) — 34KB
• 0001683168-24-000261.txt ( ) — 203KB
• vlcn-20240112.xsd (EX-101.SCH) — 3KB
• vlcn-20240112_lab.xml (EX-101.LAB) — 33KB
• vlcn-20240112_pre.xml (EX-101.PRE) — 22KB
• volcon_8k_htm.xml (XML) — 3KB

07. Submission

Item 5.07. Submission of Matters to a Vote of Security Holders . A special meeting of stockholders (the "Special Meeting") of Volcon, Inc. (the "Company") was convened on January 12, 2024. Set forth below are the three proposals that were voted on at the Special Meeting and the stockholder votes on each such proposal, as certified by the Special Meeting inspector of election. The proposals are described in greater detail in the Definitive Proxy Statement of the Company (the "Proxy Statement") filed with the Securities and Exchange Commission (the "SEC") on December 11, 2023, the relevant portions of which are incorporated herein by reference. On November 17, 2023, the record date for the Special Meeting (the "Record Date"), there were 12,825,320 shares of Company common stock issued, outstanding and entitled to vote. Stockholders holding 8,276,978 shares of Company common stock, representing approximately 64.5% of the shares of common stock outstanding on Record Date, were present at the Special Meeting, in person or represented by proxy. Each of the proposals summarized below was approved by the Company's stockholders. Proposal 1 : For purposes of complying with Nasdaq Listing Rule 5635(d), to approve the Warrant Stockholder Approval Provisions described in detail in the Proxy Statement (collectively, the "Nasdaq Proposal"). For Against Abstain Broker Non-Vote 2,408,595 70,307 4,710,645 1,087,431 Proposal 2 : To approve an amendment to the Company's amended and restated certificate of incorporation to grant our Board of Directors authority to effect a reverse stock split of the outstanding shares of the Company's common stock, at a reverse stock split ratio of between 1-for-2 to 1-for-45 (or any whole number in between), as determined by the Board in its sole discretion, prior to the one-year anniversary of the Special Meeting (the "Reverse Split Proposal"). For Against Abstain Broker Non-Vote 7,798,972 447,523 30,483 0 Proposal 3 :

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Volcon, Inc. (Registrant) Date: January 12, 2024 /s/ Greg Endo Greg Endo Chief Financial Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR