Vision marine announces pricing of $1.5 million private placement

Montreal, sept. 18, 2023 (globe newswire) -- vision marine technologies inc. (nasdaq: vmar) (“vision marine” or the “company”), a global leader and innovator within the performance electric recreational boating industry, today announced that it has entered into subscription agreements with investors to purchase an aggregate of 372,870 units, at a purchase price of $4.05 per unit. the gross proceeds to the company from the private placement are expected to be approximately $1.5 million before deducting the placement agent's fees and other estimated offering expenses.
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