other material
confidence high
sentiment neutral
materiality 0.60
Volcon enters amended supplier agreement with Venom-EV for gold carts up to $2 million
Empery Digital Inc.
- Volcon appointed as Venom's exclusive supply representative for gold carts; purchase limit of $2.0M.
- Payment terms net 100 days; Venom pays 5% commission to Volcon on order price.
- Volcon granted security interest in products and proceeds to secure payment obligations.
- Agreement effective April 24, 2025, for one-year term, renewable by mutual consent.