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Vision Marine Technologies Completes US$16.3 Million At-the-Market Equity Offering Program

$VMARPress releaseJul 14, 2026, 1:10 PM ETRead the release

Vision Marine Technologies completed its at-the-market equity offering program, raising approximately US$16.3 million in gross proceeds through the issuance of 6.38 million common shares. Following the completion of the offering, the company reports approximately US$9.5 million in unrestricted cash with 6.53 million common shares outstanding, and expects additional non-dilutive capital from pending real estate transactions.

Key figures

Deal Value Usd
16334922
Shares Offered
6380235
Transaction costs usd
782679
Unrestricted cash usd
9500000
Shares outstanding post
6530460
Pending real estate net proceeds usd
5580000
Pending real estate gross proceeds usd
13100000

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.