SCHEDULE 13G: Sabby Entities Disclose 9.9% Passive Stake in Volcon, Inc.

Sentiment:

Beneficial Ownership Report (Schedule 13G)


Sabby Management, LLC, Sabby Volatility Warrant Master Fund Ltd, and Hal Mintz have jointly reported a 9.9% beneficial ownership stake in Volcon, Inc.'s common stock as of December 31, 2024.

Summary

  • Sabby Management, LLC, Sabby Volatility Warrant Master Fund Ltd, and Hal Mintz collectively hold 56,034 shares of Volcon, Inc. Common Stock.
  • This ownership represents 9.9% of the total outstanding shares of Volcon, Inc.
  • The reporting persons share both voting and dispositive power over all 56,034 shares.
  • The filing is a Schedule 13G, indicating a passive investment without the intent to change or influence control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Management Comments

  • The reporting persons certify that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Volcon, Inc., and were not acquired or held in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

This filing is a standard disclosure of a passive investment stake by an institutional investor group, common across various industries when an entity's beneficial ownership crosses a 5% threshold in a publicly traded company.

Stakeholder Impact

  • Shareholders: Provides transparency regarding significant ownership stakes, which can influence market perception of institutional interest in the company.

Key Dates

DateDescription
12/31/2024Date of the event which requires the filing of this statement (beneficial ownership calculation date).
01/03/2025Date the Schedule 13G was signed by the reporting persons.

Keywords

Volcon Inc, Sabby Management LLC, Sabby Volatility Warrant Master Fund Ltd, Hal Mintz, Beneficial Ownership, Schedule 13G, Common Stock, Equity Stake, Investment Disclosure

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