Vision Marine Technologies (VMAR) Announces $5.8M Placement at $1.25/unit

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Vision Marine Technologies Announces $5.8 Million Private Placement

January 13, 2025 6:51 AM EST

MONTREAL, QC / ACCESSWIRE / January 13, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq: VMAR), a pioneer in electric marine propulsion, today announced that it has entered into definitive securities purchase agreements dated January 12, 2025 with accredited and institutional investors for the issuance and sale of units consisting of common shares (each a "Common Shares") (or pre-funded warrants ("Pre-funded Warrants") to purchase in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of shares of common shares (or Pre-funded... More