AG˹ٷ

STOCK TITAN

Vision Marine Technologies, Inc. Announces Pricing of Public Offering

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Vision Marine Technologies (NASDAQ:VMAR), a leader in high-voltage electric marine propulsion systems, has announced the pricing of its public offering of 3.5 million shares at $2.00 per share.

The offering, expected to close on August 18, 2025, aims to raise $7 million in gross proceeds before deducting underwriting discounts and expenses. The company has granted underwriters a 45-day option to purchase up to an additional 525,000 shares to cover over-allotments. ThinkEquity is serving as the sole book-runner for the offering.

Vision Marine plans to use the proceeds for general corporate purposes, working capital, and potential acquisitions or strategic investments in complementary businesses or technologies.

Vision Marine Technologies (NASDAQ:VMAR), azienda leader nei sistemi di propulsione navale elettrica ad alta tensione, ha comunicato il prezzo della sua offerta pubblica di 3,5 milioni di azioni a $2,00 per azione.

L'operazione, la cui chiusura è prevista per il 18 agosto 2025, punta a raccogliere $7 milioni lordi prima delle commissioni e delle spese di sottoscrizione. La società ha concesso agli intermediari un'opzione di 45 giorni per acquistare fino a ulteriori 525.000 azioni a copertura di eventuali eccedenze. ThinkEquity è il book-runner esclusivo dell'offerta.

Vision Marine intende impiegare i proventi per scopi aziendali generali, capitale circolante e possibili acquisizioni o investimenti strategici in attività o tecnologie complementari.

Vision Marine Technologies (NASDAQ:VMAR), líder en sistemas de propulsión marítima eléctrica de alto voltaje, ha anunciado el precio de su oferta pública de 3,5 millones de acciones a $2,00 por acción.

La operación, que se espera cierre el 18 de agosto de 2025, pretende recaudar $7 millones brutos antes de deducir comisiones y gastos de suscripción. La compañía ha concedido a los suscriptores una opción de 45 días para comprar hasta 525.000 acciones adicionales para cubrir sobresuscripciones. ThinkEquity actúa como único book-runner de la oferta.

Vision Marine planea utilizar los fondos para fines corporativos generales, capital de trabajo y posibles adquisiciones o inversiones estratégicas en negocios o tecnologías complementarias.

Vision Marine Technologies (NASDAQ:VMAR), 고전� 전기 해양 추진 시스� 분야� 선두 기업� 350� �� 공개 발행 주식� 주당 $2.00� 가� 결정했다� 발표했습니다.

이번 공모� 2025� 8� 18� 마감� 예상하며, 인수 수수� � 비용 공제 � 700� 달러� 총수익을 조달하는 것을 목표� 합니�. 회사� 초과배정� 대비해 인수단에 추가� 최대 52�5� 주를 구매� � 있는 45� 옵션� 부여했습니�. ThinkEquity가 단독 북러너로 참여합니�.

Vision Marine은 조달 자금� 일반 기업 경비, 운전자본, � 보완� 사업이나 기술� 대� 잠재� 인수 또는 전략� 투자� 사용� 계획입니�.

Vision Marine Technologies (NASDAQ:VMAR), acteur majeur des systèmes de propulsion marine électrique haute tension, a annoncé le prix de son offre publique de 3,5 millions d'actions à 2,00 $ par action.

L'opération, dont la clôture est prévue le 18 août 2025, vise à lever 7 millions de dollars de produits bruts avant déduction des commissions et frais de souscription. La société a accordé aux teneurs de livre une option de 45 jours pour acheter jusqu'à 525 000 actions supplémentaires afin de couvrir les surallocations. ThinkEquity agit en tant que seul book-runner de l'offre.

Vision Marine prévoit d'utiliser les fonds pour des besoins généraux de l'entreprise, le fonds de roulement et d'éventuelles acquisitions ou investissements stratégiques dans des activités ou technologies complémentaires.

Vision Marine Technologies (NASDAQ:VMAR), ein führendes Unternehmen für hochspannungsbetriebene elektrische Schiffsantriebe, hat den Preis seiner öffentlichen Platzierung von 3,5 Millionen Aktien zu $2,00 je Aktie festgelegt.

Die Transaktion, die voraussichtlich am 18. August 2025 abgeschlossen wird, zielt darauf ab, vor Abzug von Emissionsabschlägen und Kosten $7 Millionen Bruttoerlös zu erzielen. Das Unternehmen hat den Underwritern eine 45-tägige Option eingeräumt, bis zu zusätzliche 525.000 Aktien zu erwerben, um Mehrzuteilungen abzudecken. ThinkEquity fungiert als alleiniger Book-Runner der Platzierung.

Vision Marine plant, die Einnahmen für allgemeine Unternehmenszwecke, Betriebskapital sowie mögliche Übernahmen oder strategische Investitionen in ergänzende Unternehmen oder Technologien zu verwenden.

Positive
  • Potential funding of $7 million to strengthen company's financial position
  • Flexibility for strategic acquisitions and business expansion
  • Additional working capital to support operations and growth
Negative
  • Significant shareholder dilution from 3.5 million new shares
  • Potential additional dilution from 525,000 over-allotment shares
  • Offering price of $2.00 per share may indicate market pressure

Insights

VMAR's $7M share offering at $2.00 dilutes shareholders while providing working capital and acquisition potential.

Vision Marine Technologies has priced a $7 million public offering at $2.00 per share, issuing 3.5 million new shares with potential for an additional 525,000 shares through an overallotment option. This offering represents significant dilution for existing shareholders, though it provides necessary capital for the company's operations and growth strategy.

The pricing at $2.00 per share offers investors some transparency about current market valuation, while the inclusion of pre-funded warrants gives the company flexibility in the capital structure. The stated use of proceeds for "general corporate purposes, working capital, and potential acquisitions" indicates both defensive cash preservation and offensive growth positioning.

This capital raise is particularly notable for a company operating in the capital-intensive electric marine propulsion sector, where R&D costs and scaling manufacturing capabilities require substantial investment. The offering's structure, with ThinkEquity as the sole book-runner and a 45-day overallotment option, follows standard practices for small-cap Nasdaq listings seeking to strengthen their balance sheet.

The planned closing date of August 18, 2025, gives the market minimal time to react before the offering concludes, which is typical timing designed to reduce market volatility during the offering period. Investors should recognize this financing as a double-edged sword - dilution is the cost of obtaining capital that could potentially accelerate growth through the mentioned strategic acquisitions or technology investments.

MONTRÉAL, QUEBEC / / August 15, 2025 / 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 pricing of its public offering of 3,500,000 shares of common stock (or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) at a price to the public of $2.00 per share (inclusive of the Pre-Funded Warrant exercise price), for gross proceeds of $7,000,000, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 525,000 shares and/or Pre-Funded Warrants to cover over-allotments at the public offering price, less the underwriting discount. The offering is expected to close on August 18, 2025, subject to satisfaction of customary closing conditions.

The Company intends to use the proceeds for general corporate purposes, working capital, and potential acquisitions or strategic investments in complementary businesses or technologies.

ThinkEquity is acting as the sole book-runner for the offering.

A registration statement on Form F-1 (File No. 333-289547), relating to the shares was filed with the Securities and Exchange Commission ("SEC") and became effective on August 15, 2025. This offering is being made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. The final prospectus will be filed with the SEC and will be available on the SEC's website located at .

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Vision Marine Technologies, Inc.

Vision Marine Technologies Inc. (NASDAQ:VMAR), is a pioneer in high-voltage performance electric marine propulsion with a multi-brand boat retail and service platform. The Company designs, manufactures, and sells its flag-ship E-Motion� 180E high-voltage electric outboard system - an industrialized, high-performance solution validated through multiple OEM integrations - while also providing consumers with access to a full range of boats across both electric and internal combustion engines (ICE) segments through its Nautical Ventures division. With nine locations in Florida and established sales, service, and marina operations, Vision Marine delivers market-ready solutions to meet the current and evolving needs of recreational boaters and commercial operators.

Forward Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations, estimates, and other information that might be considered future events or trends, not relating to historical matters. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Vision Marine's Annual Report on Form 20-F for the year ended August 31, 2024, and its periodic filings with the SEC provide a detailed discussion of these risks and uncertainties. There can be no assurance that Vision Marine will be able to complete the offering on the anticipated terms, or at all. Vision Marine does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, as required by law.

Investor and Company Contact:

Bruce Nurse
Investor Relations
(303) 919�2913
԰‑mپ.dz

SOURCE: Vision Marine Technologies Inc



View the original on ACCESS Newswire

FAQ

What is the size and price of Vision Marine Technologies' (VMAR) public offering?

Vision Marine is offering 3.5 million shares at $2.00 per share, aiming to raise $7 million in gross proceeds.

When will Vision Marine Technologies' (VMAR) public offering close?

The offering is expected to close on August 18, 2025, subject to customary closing conditions.

How will Vision Marine Technologies (VMAR) use the proceeds from the offering?

The proceeds will be used for general corporate purposes, working capital, and potential acquisitions or strategic investments in complementary businesses or technologies.

Who is the underwriter for Vision Marine Technologies' (VMAR) public offering?

ThinkEquity is acting as the sole book-runner for the offering.

What is the over-allotment option in VMAR's public offering?

Underwriters have a 45-day option to purchase up to an additional 525,000 shares to cover over-allotments at the public offering price.
Vision Marine Technologies Inc

NASDAQ:VMAR

VMAR Rankings

VMAR Latest News

VMAR Latest SEC Filings

VMAR Stock Data

5.87M
1.13M
2.25%
4.7%
1.95%
Recreational Vehicles
Consumer Cyclical
Canada
Boisbriand