Finance

Corporate news detailing the company’s financial and capital structure decisions. This category features press releases on earnings reports, strategic financial moves, real estate transactions, inventory management, reduction in floor-plan financing, and other public filings or announcements relevant to investors and stakeholders.

Finance, Press Releases

Vision Marine Technologies Reports $1.9 Million of Cash Provided by Operating Activities in First Quarter of Fiscal 2026

Montreal, Canada – January 13, 2026 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), an electric marine propulsion company designing and manufacturing high-voltage powertrain systems, and operating a premium recreational boat retail network, today reported financial results for the three-month period ended November 30, 2025.

Finance, Press Releases

Vision Marine Technologies Announces Reverse Stock Split

Montreal, Canada – January 12, 2026 – Vision Marine Technologies Inc. (NASDAQ: VMAR), today announced that the Company’s board of directors (the “Board”) approved 1 for 40 reverse stock split of the Company’s common shares. The reverse stock split is expected to become effective when the market opens on January 14, 2026 (the “Effective Date”) and the Company’s common shares will begin trading on a split-adjusted basis under the existing trading symbol “VMAR.” The new CUSIP number for the Company’s common shares following the reverse stock split will be 92840Q400.

Finance, Press Releases

Vision Marine Technologies, Inc. Announces Closing of Public Offering

Montréal, QC, December 19, 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 closing of its previously announced best-efforts public offering of 32,000,000 units at a public offering price of $0.30 per unit (inclusive of the pre-funded warrant exercise price), for gross proceeds of $9,600,000 before deducting placement agent fees and offering expenses. Each unit consists of one common share (or pre-funded warrant in lieu thereof) and one-half of one warrant (each whole warrant, a “Warrant”). Each whole Warrant entitles the holder to purchase one common share at an exercise price of $0.375 per share and will expire five years from the date of issuance.

Finance, Press Releases

Vision Marine Technologies Announces Proceeds from Real Estate Sale

Montreal, QC / October 10, 2025 / Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), a pioneering marine technology company, today announced the sale of the property on which a Nautical Ventures dealership is located at 300 U.S. Highway 1 in North Palm Beach, Florida. The Company intends to consolidate operations from this dealership into its neighbouring water sports showroom at 139 Shore Court, enhancing operational efficiency while continuing to serve customers in Florida — the largest recreational boating market in the United States — through its Nautical Ventures retail network.

Finance, Press Releases

Vision Marine Technologies Inc. Announces CEO Contract Renewal

Boisbriand, QC / September 26, 2025 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”) today announced an innovative and cooperative strategic non-binding initiative with Port de plaisance La Ronde to develop a technological and commercial hub dedicated to experience electric boating and activities on Île Sainte-Hélène, in the heart of Montreal and near Montréal–Trudeau International Airport. 

Finance, Press Releases

Vision Marine Technologies Inc. Announces Closing of Public Offering

Montréal, QC, August 18, 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 closing of its previously announced public offering of 3,500,000 shares of its common stock (or pre-funded warrants (“Pre-Funded Warrants”) in lieu thereof) at a public offering price 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, Vision Marine has granted the underwriters a 45-day option to purchase up to an additional 525,000 shares of common stock and/or Pre-Funded Warrants to cover over-allotments at the public offering price, less the underwriting discount. 

Finance, Press Releases

Vision Marine Technologies, Inc. Announces Pricing of Public Offering

Montréal, QC, 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.

Finance, Press Releases

Vision Marine Technologies Announces Court Approval of Previously Announced Settlement with Certain Shareholders

Montreal, QC / August 14, 2025 / Vision Marine Technologies Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”) today announced that, on August 13, 2025, the New York State County Supreme Court, Commercial Division, formally approved the Company’s settlement of an outstanding legal claim related to certain of its shareholders, which was previously announced on May 16, 2025.

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