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Posted On: 09/04/2025 3:59:07 PM
Post# of 40
NetworkNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Launches Inventory Auction to Support Operational Optimization and Integration Expansion
Vision Marine Technologies (NASDAQ: VMAR), a provider of electric marine propulsion and multi-brand boat retail, announced plans to auction discontinued, overstocked, and clearance parts inventory from its Florida operations on Sept. 16-18, 2025, in partnership with Stampler Auctions. Expected to generate $1.3 million to $1.8 million, the initiative provides a non-dilutive capital boost while repurposing 5,000 square feet at Vision Marine’s Fort Lauderdale marina into an integration center and sales office with direct water access. The auction supports the company’s post-acquisition integration of Nautical Ventures and aligns with its strategy to expand service, financing, and electric integration programs, positioning its retail network for scalable growth.
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 provider of electric marine propulsion and multi-brand boat retail, announced plans to auction discontinued, overstocked, and clearance parts inventory from its Florida operations on Sept. 16-18, 2025, in partnership with Stampler Auctions. Expected to generate $1.3 million to $1.8 million, the initiative provides a non-dilutive capital boost while repurposing 5,000 square feet at Vision Marine’s Fort Lauderdale marina into an integration center and sales office with direct water access. The auction supports the company’s post-acquisition integration of Nautical Ventures and aligns with its strategy to expand service, financing, and electric integration programs, positioning its retail network for scalable growth.
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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