Vision Marine Technologies Announces Public Offering Pricing

Vision Marine Technologies Inc., a leader in electric marine propulsion systems, announced the pricing of its public offering at $2.00 per share. The offering includes 3,500,000 shares of common stock, aiming to raise $7,000,000 in gross proceeds. The company has also allowed underwriters a 45-day option to purchase an additional 525,000 shares to cover over-allotments. The offering is expected to close on August 18, 2025, pending customary conditions.

The proceeds from this offering will be used for general corporate purposes, including potential strategic investments. ThinkEquity is the sole book-runner for the offering. A registration statement on Form F-1 was filed with the SEC and became effective on August 15, 2025.