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Posted On: 08/18/2025 4:58:24 PM
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NetworkNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Prices $7 Million Public Offering of Common Stock and Pre-Funded Warrants
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.
NOTE TO INVESTORS: The latest news and updates relating to VMAR are available in the company’s newsroom at https://nnw.fm/VMAR
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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.
NOTE TO INVESTORS: The latest news and updates relating to VMAR are available in the company’s newsroom at https://nnw.fm/VMAR
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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