TinyGemsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Closes $7 Million Public Offering
Vision Marine Technologies (NASDAQ: VMAR), a leader in high-voltage electric marine propulsion systems with a multi-brand boat retail and service platform, closed its public offering of 3,500,000 shares of common stock (or pre-funded warrants in lieu thereof) at $2.00 per share, raising $7,000,000 in gross proceeds before underwriting discounts and expenses. The underwriters have a 45-day option to purchase up to an additional 525,000 shares and/or pre-funded warrants. The Company plans to use the proceeds for general corporate purposes, working capital, and potential acquisitions or strategic investments in complementary businesses or technologies. To view the full press release, visit https://ibn.fm/soe0l…