FAQ on Vision Marine Technologies Inc.'s $7 Million Public Offering

What is Vision Marine Technologies Inc. offering?

Vision Marine Technologies Inc. is offering 3.5 million shares of common stock and pre-funded warrants at $2.00 per share, aiming to raise $7 million in gross proceeds before expenses.

Why is Vision Marine Technologies Inc. conducting this public offering?

The public offering is aimed at raising capital to support the company’s operations and growth initiatives in the electric marine propulsion systems and boat retail and service sectors.

How much does Vision Marine Technologies Inc. aim to raise from this offering?

The company aims to raise $7 million in gross proceeds before expenses from this offering.

What is the price per share in the offering?

The price per share in the offering is set at $2.00.

When is the offering expected to close?

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

Who is involved in the underwriting of this offering?

The content does not specify the underwriters involved, but mentions that they have a 45-day option to purchase up to 525,000 additional shares and/or pre-funded warrants to cover over-allotments.

Where can I find more information about Vision Marine Technologies Inc.?

More information about Vision Marine Technologies Inc. can be found in the company’s newsroom at https://ibn.fm/VMAR.

What does Vision Marine Technologies Inc. specialize in?

Vision Marine Technologies Inc. specializes in high-voltage electric marine propulsion systems and operates a multi-brand boat retail and service platform, offering premium boating experiences across both electric and internal combustion engine segments.

How can I view the full press release about the offering?

The full press release can be viewed at https://ibn.fm/AiSSW.