Volcon Announces Executive and Board Changes
Ticker: EMPD · Form: 8-K · Filed: Sep 13, 2024 · CIK: 1829794
Sentiment: neutral
Topics: executive-changes, board-changes, management-transition
TL;DR
Volcon shakes up exec team & board: new CFO, two directors join, one departs. Big changes ahead?
AI Summary
Volcon, Inc. announced on September 9, 2024, a series of executive and board changes. These include the appointment of Kevin Roy as Chief Financial Officer, the election of David L. Johnson and Michael J. Wilson to the Board of Directors, and the departure of John R. Adams from the Board. The company also disclosed compensatory arrangements for its officers.
Why It Matters
These changes in leadership and board composition can signal shifts in company strategy, financial oversight, and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in key executive and board positions can introduce uncertainty and signal underlying issues or strategic shifts that may pose risks.
Key Players & Entities
- Volcon, Inc. (company) — Registrant
- Kevin Roy (person) — Appointed Chief Financial Officer
- David L. Johnson (person) — Elected to Board of Directors
- Michael J. Wilson (person) — Elected to Board of Directors
- John R. Adams (person) — Departed from Board of Directors
- September 9, 2024 (date) — Date of earliest event reported
- September 13, 2024 (date) — Filing date
FAQ
Who has been appointed as the new Chief Financial Officer of Volcon, Inc.?
Kevin Roy has been appointed as the new Chief Financial Officer of Volcon, Inc.
Who were elected to Volcon's Board of Directors?
David L. Johnson and Michael J. Wilson were elected to Volcon's Board of Directors.
Who has departed from Volcon's Board of Directors?
John R. Adams has departed from Volcon's Board of Directors.
What is the reporting date for the earliest event in this 8-K filing?
The earliest event reported is dated September 9, 2024.
What is the filing date of this Current Report on Form 8-K for Volcon, Inc.?
The filing date for this Current Report on Form 8-K is September 13, 2024.
Filing Stats: 429 words · 2 min read · ~1 pages · Grade level 10.6 · Accepted 2024-09-13 16:02:16
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) — 28KB
- 0001683168-24-006382.txt ( ) — 196KB
- vlcn-20240909.xsd (EX-101.SCH) — 3KB
- vlcn-20240909_lab.xml (EX-101.LAB) — 33KB
- vlcn-20240909_pre.xml (EX-101.PRE) — 22KB
- volcon_8k_htm.xml (XML) — 4KB
02 Departure of Directors or Certain Officers; Election of
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 9, 2024, Christian Okonsky resigned as a member of the Volcon, Inc. (the "Company") Board of Directors (the "Board"). Mr. Okonsky informed the board that his resignation was for personal reasons and not because of any disagreement between Mr. Okonsky and the Company on any matter relating to the Company's operations, accounting policies, or practices. 2
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: September 13, 2024 /s/ Greg Endo Greg Endo Chief Financial Officer 3