Form 4: Sabby Management Reports Transactions in Volcon Inc. (VLCN)

Sabby Management, LLC reports the purchase and sale of Volcon Inc. common stock on August 22 and 23, 2024.

Summary

• Sabby Management, LLC filed a Form 4 detailing transactions in Volcon, Inc. (VLCN) common stock.
• On August 22, 2024, Sabby Management purchased 3,598 shares of common stock at a price of $1.4872 per share.
• Also on August 22, 2024, Sabby Management sold 32,794 shares of common stock at a price of $2.05 per share.
• On August 23, 2024, Sabby Management purchased 3,500 shares of common stock at a price of $1.5484 per share.
• Following these transactions, Sabby Management beneficially owns 736,313 shares of Volcon, Inc. common stock indirectly through Sabby Volatility Warrant Master Fund, Ltd.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It simply reports facts.

Management Comments

• Each of Advisor and Mr. Mintz disclaims for purposes of Section 16 of the Securities and Exchange Act of 1934 (Section 16), beneficial ownership of such securities, except to the extent of its / his pecuniary interest therein, and this report shall not be deemed as an admission that either Advisor or Mr. Mintz is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for individuals or entities that own more than 10% of a company's shares, or are officers or directors, indicating their transactions in the company's stock.

Key Dates

Keywords

Form 4, Volcon Inc., VLCN, Sabby Management, Stock Transactions, Beneficial Ownership