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Posted On: 08/19/2025 4:38:54 PM
Post# of 40
NetworkNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Closes $7 Million Public Offering
Vision Marine Technologies (NASDAQ: VMAR), a leader in high-voltage electric marine propulsion systems with a multi-brand boat retail and service platform, closed its public offering of 3,500,000 shares of common stock (or pre-funded warrants in lieu thereof) at $2.00 per share, raising $7,000,000 in gross proceeds before underwriting discounts and expenses. The underwriters have a 45-day option to purchase up to an additional 525,000 shares and/or pre-funded warrants. The Company plans to use the proceeds for general corporate purposes, working capital, and potential acquisitions or strategic investments in complementary businesses or technologies.
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 with a multi-brand boat retail and service platform, closed its public offering of 3,500,000 shares of common stock (or pre-funded warrants in lieu thereof) at $2.00 per share, raising $7,000,000 in gross proceeds before underwriting discounts and expenses. The underwriters have a 45-day option to purchase up to an additional 525,000 shares and/or pre-funded warrants. The Company plans to use the proceeds for general corporate purposes, working capital, and potential acquisitions or strategic investments in complementary businesses or technologies.
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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