* Vision Marine Technologies (NASDAQ:VMAR [https://seekingalpha.com/symbol/VMAR]) priced a public offering of 3.5M shares or pre-funded warrants at $2.00 each.
* Gross proceeds from the offering are expected to total $7M before expenses and discounts.
* A 45-day over-allotment option allows underwriters to purchase up to 525,000 additional shares or warrants.
* The offering is expected to close on August 18, 2025.
* Proceeds will be used for general corporate purposes, working capital, and potential strategic investments or acquisitions.
* VMAR shares fall 31.7% on Friday.
* Source: Press release [https://seekingalpha.com/pr/20202610-vision-marine-technologies-inc-announces-pricing-of-public-offering]
MORE ON VISION MARINE TECHNOLOGIES
* Vision Marine Technologies reports $8.2M in 7-week boat sales [https://seekingalpha.com/news/4483872-vision-marine-technologies-reports-82m-in-7-week-boat-sales]
* Vision Marine Technologies acquires Nautical Ventures [https://seekingalpha.com/news/4460618-vision-marine-technologies-acquires-nautical-ventures]
* Seeking Alpha’s Quant Rating on Vision Marine Technologies [https://seekingalpha.com/symbol/VMAR/ratings/quant-ratings]
* Historical earnings data for Vision Marine Technologies [https://seekingalpha.com/symbol/VMAR/earnings]
* Financial information for Vision Marine Technologies [https://seekingalpha.com/symbol/VMAR/income-statement]
Vision Marine prices $7M public offering; shares down nearly 32%
Published 2 months ago
Aug 15, 2025 at 2:02 PM
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