Form 4: Sabby Management, LLC Reports Beneficial Ownership Changes in Volcon, Inc.
SEC Form 4
Sabby Management, LLC reports the acquisition of Volcon, Inc. common stock through open market purchases.
Summary
- Sabby Management, LLC filed a Form 4 detailing changes in beneficial ownership of Volcon, Inc. common stock.
- On August 8, 2024, Sabby Management acquired 8,019 shares of common stock at a price of $1.6494 per share.
- On August 9, 2024, Sabby Management acquired 7,116 shares of common stock at a price of $1.6445 per share.
- Following these transactions, Sabby Management beneficially owns 654,129 shares of Volcon, Inc. common stock through Sabby Volatility Warrant Master Fund, LTD.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting stock acquisitions, indicating a neutral sentiment.
Industry Context
This filing indicates the investment activity of a significant shareholder in Volcon, Inc., which is relevant to investors monitoring the stock's ownership structure and potential market movements.
Stakeholder Impact
- The change in beneficial ownership may influence investor sentiment and potentially affect the stock price of Volcon, Inc.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Sabby Management acquired 8,019 shares of Volcon, Inc. common stock. |
| 08/09/2024 | Sabby Management acquired 7,116 shares of Volcon, Inc. common stock. |
| 08/12/2024 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Volcon, Inc., Sabby Management, Common Stock, Acquisition
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