Vision Marine Technologies (NASDAQ: VMAR), a leader in high-voltage electric marine propulsion systems and multi-brand boat retail and service, has priced a public offering of 3.5 million shares of common stock (or pre-funded warrants in lieu) at $2.00 per share, aiming to raise $7 million in gross proceeds before expenses. The Company also granted underwriters a 45-day option to purchase up to 525,000 additional shares and/or pre-funded warrants to cover over-allotments. The offering is expected to close on August 18, 2025, pending customary conditions.
To view the full press release, visit https://ibn.fm/3X7P1
About Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ:VMAR) is a pioneer innovative marine company that offers premium boating experiences across both electric and internal combustion engine (ICE) segments. The Company designs, manufactures, and sells high-performance electric powertrain systems and boats, and operates a multi-brand boat retail and service platform through its Nautical Ventures division. With a vertically integrated model that spans technology, retail, and service, Vision Marine delivers scalable, market-ready solutions that enhance the on-water experience for consumers and commercial operators.
NOTE TO INVESTORS: The latest news and updates relating to VMAR are available in the company’s newsroom at https://ibn.fm/VMAR
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