Vision Marine Technologies Announces Public Offering of 32M Units at $0.30 Each.

Vision Marine Technologies Inc. has announced the pricing of a best-efforts public offering of 32 million units at $0.30 per unit, raising $9.6 million. The offering is expected to close on December 19, 2025, and the proceeds will be used for general corporate purposes and working capital, including inventory management and servicing floorplan lines of credit. The company plans to use the funds for general and administrative expenses and prosecuting patent applications related to its E-Motion electric powertrain technology.