MONTRÉAL, Dec. 19, 2025 /PRNewswire/ — Vision Marine Technologies Inc. (the “Company”, “Vision Marine”, “we”, “us”, “our”) (Nasdaq: VMAR), a leader in high-voltage electric marine propulsion systems with a multi-brand boat retail and service platform, today announced the closing of its previously announced best-efforts public offering of 32,000,000 units at a public offering price of $0.30 per unit (inclusive of the pre-funded warrant exercise price), for gross proceeds of $9,600,000 before deducting placement agent fees and offering expenses. Each unit consists of one common share (or pre-funded warrant in lieu thereof) and one-half of one warrant (each whole warrant, a “Warrant”).
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Brief Summary
Vision Marine Technologies Inc. has successfully completed its public offering, raising $9.6 million through the sale of 32 million units. The offering, priced at $0.30 per unit, will help the company continue its growth in the electric marine propulsion market.
- Proceeds: $9.6 million
- Units sold: 32 million
- Offering price: $0.30 per unit
- Warrants: Each unit includes one-half warrant
Why it matters: This funding secures Vision Marine’s commitment to innovation and market expansion.
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