Volcon, Inc. (VLCN) - Dilution Analysis

10-Q filing | 28.1M shares outstanding

10-K filing | 30.2M shares outstanding

8-K filing: Empery Digital Inc. entered into a securities purchase agreement to issue and sell 2,558,422 shares of common stock at $5.39 per share, pre-funded warrants to purchase up to 2,079,797 shares of common stock, and common stock warrants to purchase up to 4,638,219 shares of common stock. ($25.0M proceeds)

8-K filing: Empery Digital Inc. repurchased 13,705,746 shares of its common stock under the company's stock repurchase program as of December 5, 2025, at an average price of $6.99 per share, leaving approximately $54 million available for future repurchases and a current number of shares outstanding of 37,14,489, after giving effect to the potential exercise of 3,913,538 pre-funded warrants.

8-K filing: Empery Digital Inc. repurchased 13,675,782 shares of its common stock under its stock repurchase program at an average price of $6.99 per share as of November 28, 2025.

8-K filing: As of November 10, 2025, the Company repurchased 11,082,834 shares of its common stock at an average price of $7.36 per share under its stock repurchase program, with $68.5 million remaining available, and the current number of shares outstanding is 40,337,401, after giving effect to the potential exercise of 3,913,538 pre-funded warrants.

10-Q filing | 36.1M shares outstanding

8-K filing: As of October 31, 2025, 10,160,795 shares of the Company's common stock have been repurchased by the Company under the Company's previously announced $150 million stock repurchase program at an average purchase price per share of $7.42, including all fees and commissions.

8-K filing: Empery Digital Inc. repurchased 9,429,509 shares of its common stock under its stock repurchase program at an average price of $7.46 per share, leaving approximately $80 million available for future repurchases and 41,990,726 shares outstanding after potential warrant exercises.

8-K filing: The company repurchased 8,139,479 shares of its common stock at an average price of $7.55 per share under its stock repurchase program, with approximately $89 million remaining available for future repurchases. The current number of shares outstanding is 43,280,756, including 3,913,538 pre-funded warrants.

8-K filing: Empery Digital Inc. entered into a Master Loan Agreement for up to $100 million to be used towards share repurchases and authorized an increase of $50 million to its existing share repurchase program, bringing the total authorization to $150 million.

8-K filing: On October 6, 2025, Empery Digital Inc. announced that it repurchased 5,911,309 shares of its common stock under the stock repurchase program at an average purchase price of $7.55 per share.

8-K filing: The Company repurchased 4,446,844 shares of its common stock under the stock repurchase program at an average price of $7.48 per share as of September 25, 2025. ($33.26M proceeds)

8-K filing: Empery Digital Inc. repurchased 3,522,233 shares of its common stock under the stock repurchase program at an average purchase price of $7.35 per share as of September 18, 2025.

8-K filing: Empery Digital Inc. repurchased 2,582,256 shares of its common stock under its stock repurchase program at an average purchase price of $7.26 per share as of September 12, 2025. ($18.75M proceeds)

8-K filing: Empery Digital Inc. repurchased 1,626,007 shares of its common stock under its stock repurchase program at an average price of $7.23 per share as of September 5, 2025. ($11.76M proceeds)

8-K filing: Empery Digital Inc. repurchased 1,009,115 shares of its common stock under a stock repurchase program at an average price of $7.29 per share as of August 29, 2025. ($7.37M proceeds)

10-Q filing | 47.4M shares outstanding

8-K filing: The Board of Directors authorized a share repurchase program authorizing the repurchase of up to $100 million shares of the Company's outstanding common stock, par value $0.00001.

8-K filing: Volcon, Inc. entered into securities purchase agreements to sell and issue common stock and pre-funded warrants in private placements, with the intention to use the net proceeds to purchase Bitcoin and establish a cryptocurrency treasury operation. ($444.14M proceeds)

8-K filing: Stock split 1-for-8 | Outstanding: 4,355,874 → 0

10-Q filing | 4.4M shares outstanding

10-K filing | 3.9M shares outstanding

8-K filing: Volcon, Inc. completed a public offering of common units and pre-funded units for gross proceeds of approximately $12.0 million. Additionally, previously issued and newly issued pre-funded warrants were exercised, resulting in 3,392,429 shares of common stock outstanding as of February 6, 2025. ($12.0M proceeds)

8-K filing: Volcon, Inc. sold 1,831,558 shares of common stock through an at-the-market offering for gross proceeds of approximately $9.47 million as of February 4, 2025. As of February 5, 2025, the Company had 2,475,607 shares of common stock outstanding. ($9.47M proceeds)

10-Q filing | 0.6M shares outstanding

8-K filing: Stock split 1-for-8 | Outstanding: 4,661,782 → 582,722

8-K filing: Volcon, Inc. entered into a Securities Exchange Agreement with an institutional shareholder to exchange 774,569 shares of the Company's common stock for pre-funded warrants to purchase 774,569 shares of the Company's common stock.

10-Q filing | 4.7M shares outstanding

8-K filing: Volcon, Inc. entered into Securities Purchase Agreements with institutional investors for the sale of 820,836 shares of common stock and pre-funded warrants to purchase 2,466,836 shares of common stock in a registered direct offering at a purchase price of $3.65 per share. ($12.0M proceeds)

8-K filing: Stock split 1-for-100 | Outstanding: 25,098,955 → 0

8-K filing: Volcon, Inc. entered into a Securities Purchase Agreement to issue and sell senior non-convertible notes and warrants to purchase common stock in a private placement.

8-K filing: Volcon, Inc. entered into warrant amendment agreements with holders of Series B warrants and exchange agreements to exchange Series B Warrants for shares of Company common stock (or pre-funded warrants) at a ratio of 0.81 shares of common stock (or pre-funded warrants) for each whole Series B Warrant, with 13,777,011 shares of common stock affected.

10-Q filing | 25.1M shares outstanding

10-K filing | 18.7M shares outstanding

8-K filing: Volcon, Inc. entered into Exchange Agreements with the holders of its senior convertible notes, exchanging approximately $24.68 million aggregate principal amount of Notes for shares of Series A convertible preferred stock.

8-K filing: Volcon, Inc. completed a reverse stock split on February 2, 2024, and also issued shares upon exercise of Series A Warrants and conversion of convertible notes, resulting in approximately 15.63 million shares of common stock outstanding as of March 1, 2024.

8-K filing: Stock split 1-for-45 | Outstanding: 6,819,278 → 1

8-K filing: Volcon, Inc. closed a public offering on November 17, 2023, selling 3,326,042 Common Units (including shares of common stock) and 39,531,100 Pre-Funded Units (including Pre-Funded Warrants), with gross proceeds of approximately $18.0 million. ($36.0M proceeds)

S-1/A filing: This is an S-1/A filing for a common stock offering with warrants.

10-Q filing | 6.2M shares outstanding

8-K filing: Volcon, Inc. entered into an inducement offer letter agreement with three warrant holders to reduce the exercise price of existing warrants exercisable into 350,000 shares of common stock from $1.369 per share to $0.01 per share, in exchange for an aggregate cash payment of $346,500. ($0.35M proceeds)

8-K filing: Volcon, Inc. completed a 1-for-5 reverse stock split on October 13, 2023, and issued warrants to purchase 2,000,000 shares of common stock to GLV Ventures.

8-K filing: Volcon, Inc. sold 1,535,000 shares of common stock through the exercise of existing warrants at a reduced price of $0.35 per share, receiving gross proceeds of approximately $537,250, and issued new warrants to purchase an additional 1,535,000 shares at an exercise price of $0.50 per share. ($0.54M proceeds)

S-1 filing: The filing is an S-1 form. It relates to an offering of common stock for general corporate purposes.

8-K filing: Volcon, Inc. entered into a note amendment with Empery Asset Master, LTD, Empery Tax Efficient, LP and Empery Debt Opportunity Fund, LP, modifying the terms of previously issued senior convertible notes, including extending the maturity date, reducing the required cash deposit, and adding a new sales covenant, and also entered into an agreement to allow the Company to grant a vendor a warrant to purchase up to 2 million shares of Company common stock.

8-K filing: Volcon, Inc. completed a public offering of 1,400,000 shares of common stock at $0.50 per share, resulting in net proceeds of approximately $547,000. ($0.7M proceeds)

10-Q filing | 30.6M shares outstanding

S-1 filing: S-1 filing for offering of common stock by selling shareholders.

8-K filing: Volcon, Inc. closed a public offering of 6,000,000 shares of common stock at a price of $0.75 per share, receiving net proceeds of approximately $4.0 million. ($4.5M proceeds)

8-K filing: Volcon, Inc. entered into a Securities Purchase and Exchange Agreement with institutional investors, involving the issuance of convertible notes and warrants, and the exchange of existing notes and warrants, contingent upon the completion of an underwritten offering raising at least $5.0 million.

10-Q filing | 0.1M shares outstanding

S-3/A filing: Volcon, Inc. files an S-3/A registration statement to offer up to $200,000,000 aggregate dollar amount of common stock, preferred stock, debt securities, warrants or units of securities.

10-K filing | 23.7M shares outstanding

S-3 filing: Volcon, Inc. may issue up to $200,000,000 aggregate dollar amount of common stock, preferred stock, debt securities, warrants or units of securities.

10-Q filing | 24.3M shares outstanding

S-1 filing: This S-1 filing outlines a secondary offering of up to 22,072,464 shares of common stock by selling stockholders, including shares underlying warrants and convertible notes. The company will not receive proceeds from the sale of resale shares.

8-K filing: Volcon, Inc. completed a private placement, issuing senior convertible notes and warrants, receiving approximately $22.5 million in net proceeds and Aegis Capital Corp. received a warrant to purchase up to 603,864 shares of the Company's Common Stock at an exercise price of $3.5625. ($22.5M proceeds)

10-Q filing | 24.2M shares outstanding

10-Q filing | 24.2M shares outstanding

8-K filing: Volcon, Inc. completed a public offering of 6,666,667 shares of common stock at an offering price of $2.85 per share, resulting in net proceeds of $18,055,000. ($18.06M proceeds)

10-K filing | 24.1M shares outstanding

S-1/A filing: The company entered into an agreement with a lender for a 6% promissory note of $2 million and agreed to issue 2,666,646 shares of common stock.

S-1 filing: This S-1 filing describes a proposed offering of common stock at an assumed price of $7.21 per share and includes discussion of dilution and outstanding warrants and options.

8-K filing: Highbridge Consultants, LLC exercised warrants to purchase 5,507,575 shares of Volcon, Inc. common stock on a cashless basis, resulting in 17,308,562 shares outstanding.

10-Q filing | 2.6M shares outstanding

8-K filing: Volcon, Inc. completed its initial public offering of common stock on October 8, 2021, selling 3,025,000 shares at $5.50 per share. The underwriter exercised its over-allotment option in full, purchasing an additional 226,875 shares on October 29, 2021.

8-K filing: Volcon, Inc. completed its initial public offering of 3,025,000 shares of common stock at a price of $5.50 per share on October 8, 2021.

S-1 filing: The company is offering 3,025,000 shares of common stock with an anticipated public offering price between $4.50 and $5.50 per share.