MONTREAL, May 30, 2023 (GLOBE NEWSWIRE) -- Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneering force in recreational electric marine propulsion, proudly announces the acquisition of critical industrial tooling to support the production capacity of over 10,000 battery packs per year. This strategic milestone firmly establishes Vision Marine as a frontrunner in meeting the escalating demand for electrified marine solutions. Over the past two years, Vision Marine, in collaboration with its partners, has developed the industry's first monolithic marine-dedicated battery pack, meticulously engineered to power the E-Motion™ Powertrain. These state-of-t

MONTREAL, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (Nasdaq: VMAR) (“Vision Marine” or the “Company”), a leader in transforming the boating market by designing and manufacturing environmentally friendly electric boats and propulsion systems, is pleased to announce today that it has acquired MAC Engineering's intellectual property relating to marine outboard electronic systems. MAC Engineering, the European distributor of the UQM brand, and one of the global leaders in medium and high-power electric motors in the USA, is the highly regarded designer of propulsion and battery management systems and components for electric vehicles. Under the terms of the transaction

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MONTREAL, QC / ACCESSWIRE / November 20, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce its participation in the grand opening of Aileron. The grand opening marks a launch sale event for the prestigious residential project on Thursday, November 21, 2024, at 5 PM, at the Aileron Sales Centre, 50 South Bryan Road, Dania Beach Florida. Vision Marine will be on-site showcasing two Fantail 217 electric boats and Groupe Beneteau's Four Winns H2e Bowrider which was recently acclaimed as "Bowrider of the Year" by Boating Magazine. These boats are available for purchase on Vision Electric Boat's website at visionelectricboats.com.

MONTREAL, QC / ACCESSWIRE / November 18, 2024 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (NASDAQ:VMAR), a pioneer in electric marine propulsion, is pleased to announce a new production initiative with Smoker Craft Inc., a U.S.-based pontoon manufacturer known for its precision engineering and advanced manufacturing capabilities. This collaboration is expected to produce a state-of-the-art pontoon platform specifically designed to integrate Vision Marine's high-performance (180 HP) electric propulsion systems, specifically the pontoon-designed P-Powerpack. We believe the powerpack will merge cutting-edge technology and exceptional craftsmanship into

MONTREAL, QC / ACCESSWIRE / November 7, 2024 / Vision Marine Technologies Inc. (the "Company") (NASDAQ:VMAR) a pioneer in electric marine propulsion, is pleased to announce that the Company received a compliance notice (the "Notice") from the Nasdaq Hearing Panel (the "Panel") informing the Company that it has regained compliance with the bid price requirement under Nasdaq Listing Rule 5550(a)(2). This compliance fulfils the requirements outlined by the Panel in its decision dated October 3, 2024. The Notice further stated that, pursuant to Listing Rule 5815(d)(4)(B), the Company will be subject to a mandatory panel monitor for a period of one year from the date of the Notice to ensure th

Vision Marine Announces Reverse Stock Split to Regain Nasdaq Compliance MONTREAL, QC / ACCESSWIRE / October 4, 2024 / Vision Marine Technologies Inc. (the "Company") (NASDAQ:VMAR), a pioneer in electric marine propulsion, today announced that it has received an extension from the Nasdaq Hearings Panel to continue its listing on the Nasdaq Capital Market. This extension allows the Company additional time to regain compliance with Nasdaq's continued listing requirements, subject to meeting specific compliance criteria within designated timeframes. As part of the Company's strategy to meet Nasdaq's minimum bid price requirement, the Company's board of directors (the "Board") has approved a 1-

The Most Efficient and Powerful Inboard Electric Motor System on the Market MONTREAL, QC / ACCESSWIRE / September 23, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce the launch of its revolutionary E-Motion™ 180e Inboard electric motor system. Delivering an impressive continuous 180hp at the propeller, this new system opens an important market segment for Vision Marine, significantly expanding the range of vessels that can benefit from its advanced electric propulsion technology.Following extensive development and rigorous testing, the E-Motion™ 180e Inboard system incorporates 95% of the components from the highly success

MONTREAL, QC / ACCESSWIRE / September 16, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced the closing of its previously announced best-efforts offering of 3,400,000 common shares. Each common share was sold at an offering price of $1.00 per share, for gross proceeds of $3.4 million, before deducting placement agent fees and other offering expenses. All the shares in the offering were offered by the Company. The Company intends to use the proceeds from the offering for working capital purposes and prosecuting patent applications. The Company may also use a portion of the net proceeds from this o

MONTREAL, QC / ACCESSWIRE / September 13, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced the pricing of a best-efforts offering of 3,400,000 common shares. Each common share is being sold at an offering price of $1.00 per share. All of the common shares in the offering are being offered by the Company. Total gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be $3.4 million. The offering is expected to close on September 16, 2024, subject to satisfaction of customary closing conditions. The Company intends to use the net

MONTREAL, QC / ACCESSWIRE / September 10, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, announces its strategic alliance with ePropulsion to empower the groundbreaking Phantom Boat, crafted from innovative plastic rotomolding technology. Following its debut at the Miami International Boat Show, the Phantom is set to showcase a customized electric ePropulsion system. In this partnership, the Phantom will be available through select ePropulsion dealers, both on request and by recommendation across its dealer network. For over a decade, Vision Marine Electric Boats has relied on ePropulsion for its cutting-edg

MONTREAL, QC / ACCESSWIRE / August 20, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced that its Board of Directors (the "Board") has approved a 15-for-1 reverse stock split of the Company's common shares. The reverse stock split is expected to become effective when the market opens on August 22, 2024 (the "Effective Date"). Upon the Effective Date, 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 92840Q103. The primary goal of the re

MONTREAL, QC / ACCESSWIRE / June 20, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, is thrilled to announce its partnership with JetRide Holding, LLC, a Florida members-only boat club. This strategic alliance marks Vision Marine's expansion in the burgeoning electric boat rental market, leveraging JetRide's extensive network of over 17 boat club locations across Florida. We believe the electric boat market is experiencing rapid growth, driven by increasing awareness and demand among both seasoned boaters and newcomers. Similar to the rise of electric cars, we believe that electric boats are becoming essenti

MONTREAL, QC / ACCESSWIRE / March 1, 2024 /Vision Marine Technologies Inc. (NASDAQ:VMAR), a trailblazer in electric recreational boating, is thrilled to announce Raffi Sossoyan as its new Chief Financial Officer (CFO), effective March 1, 2024. This strategic appointment marks a significant step as Vision Marine gears up for an ambitious phase focused on manufacturing, production, and delivery, underlining the company's dedication to scaling its operations and enhancing its market footprint. Raffi Sossoyan brings a wealth of experience, with over 25 years in global financial and operational leadership. His recent role as Vice President, Corporate Treasury at Velan, Inc., a Canadian multinat

MONTREAL, QC / ACCESSWIRE / February 13, 2024 / Vision Marine Technologies Inc., (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a global leader and innovator within the performance electric recreational boating industry, announced today the appointment of Anthony E. Cassella Jr., Executive Vice President Finance and Chief Accounting Officer of MarineMax, Inc. (NYSE:HZO) to the Company's Board of Directors as an independent director. This appointment reinforces Vision Marine's leading role in marine technology innovation and underscores its commitment to strong corporate governance. "Anthony brings a wealth of knowledge and experience to the Vision Marine Board, having served in roles

MONTREAL, Jan. 31, 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 the resignation of Mr. Renaud Cloutier from the Board of Directors for personal reasons. Vision Marine is currently interviewing a number of potential candidates to join the Board and expects to make an appointment announcement in the coming weeks. "On behalf of the Vision Marine Board of Directors and the company, we would like to thank Mr. Renaud Cloutier for his valuable contributions to the Company over the past two years. We appreciate the opportunity

COLLINGWOOD, Ontario, Jan. 10, 2022 (GLOBE NEWSWIRE) -- The Limestone Boat Company Limited ("Limestone" or the "Company") (TSXV:BOAT) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – is pleased to provide an update on its corporate activities and operational initiatives throughout 2021 as the Company heads into what is shaping up to be a very promising 2022. "As we enter the new calendar year, we remain extremely excited about the opportunity that lies before us," stated Limestone CEO Scott Hanson. "High retail demand continues to drive inventory levels across the industry to historically low levels and while global supply chain pressures continue to persist,

MONTREAL, May 25, 2021 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company") is pleased to announce that Alan D. Gaines has been appointed to the Board of Directors and will serve as Chairman of the Board, replacing Mr. Robert Ghetti, who has resigned from Vision's board to devote more time to other business interests. "I am very pleased to join the board of Vision Marine Technologies and to support the highly experienced and forward thinking and ESG principled executive management team in its mandate to bring safe, eco-friendly, and low maintenance electric boating to the traditional internal combustion engine (ICE) mainstream marketplace

Gainers Selina Hospitality (NASDAQ:SLNA) shares moved upwards by 11.3% to $0.14 during Wednesday's after-market session. The company's market cap stands at $74.1 million. Faraday Future (NASDAQ:FFIE) stock rose 7.8% to $0.76. The company's market cap stands at $32.4 million. Chijet Motor Co (NASDAQ:CJET) shares rose 5.52% to $0.36. The company's market cap stands at $57.6 million. Stitch Fix (NASDAQ:SFIX) shares moved upwards by 5.26% to $2.6. The market value of their outstanding shares is at $312.4 million. MGO Global (NASDAQ:MGOL) stock moved upwards by 4.95% to $0.24. The market value of their outstanding shares is at $3.9 million. Yoshitsu Co (NASDAQ:TKLF) shares moved upwards by

Gainers Worksport (NASDAQ:WKSP) shares increased by 16.5% to $0.48 during Friday's pre-market session. The market value of their outstanding shares is at $11.5 million. Vision Marine (NASDAQ:VMAR) stock rose 11.9% to $0.63. The company's market cap stands at $7.6 million. Skechers USA (NYSE:SKX) stock increased by 10.5% to $65.0. The company's market cap stands at $10.1 billion. As per the press release, Q1 earnings came out yesterday. SRIVARU Holding (NASDAQ:SVMH) stock increased by 10.33% to $0.2. The market value of their outstanding shares is at $6.4 million. Zapp Electric Vehicles (NASDAQ:ZAPP) stock moved upwards by 9.79% to $3.25. The market value of their outstanding shares is a

Enabled by high-capacity batteries, this key technology seeks to enhance security for users, ensure the conformity of all system components, and deliver an elevated boating experience.

Gainers Golden Heaven Group Hldgs (NASDAQ:GDHG) stock moved upwards by 14.9% to $0.27 during Friday's after-market session. The market value of their outstanding shares is at $13.9 million. MGO Global (NASDAQ:MGOL) stock moved upwards by 13.0% to $0.25. The company's market cap stands at $4.1 million. PLBY Group (NASDAQ:PLBY) shares moved upwards by 4.99% to $0.94. The market value of their outstanding shares is at $68.1 million. Phoenix Motor (NASDAQ:PEV) shares increased by 3.97% to $0.7. The company's market cap stands at $24.4 million. As per the press release, Q4 earnings came out 4 days ago. SRIVARU Holding (NASDAQ:SVMH) stock rose 3.52% to $0.2. The market value of their outstand

Gainers Sonder Holdings (NASDAQ:SOND) shares increased by 18.2% to $5.52 during Wednesday's pre-market session. The market value of their outstanding shares is at $61.0 million. Vision Marine (NASDAQ:VMAR) stock rose 16.43% to $0.6. The market value of their outstanding shares is at $7.2 million. As per the news, the Q2 earnings report came out 2 days ago. Children's Place (NASDAQ:PLCE) shares rose 13.92% to $8.1. The company's market cap stands at $101.0 million. Kidpik (NASDAQ:PIK) stock increased by 10.1% to $4.03. The company's market cap stands at $7.8 million. Interactive Strength (NASDAQ:TRNR) stock moved upwards by 5.29% to $0.2. The company's market cap stands at $3.9 million.

Gainers 2U (NASDAQ:TWOU) shares moved upwards by 8.3% to $0.32 during Tuesday's after-market session. The market value of their outstanding shares is at $26.7 million. Newegg Commerce (NASDAQ:NEGG) shares moved upwards by 4.75% to $0.76. The company's market cap stands at $288.7 million. Linkage Global (NASDAQ:LGCB) stock rose 4.19% to $3.23. The market value of their outstanding shares is at $69.4 million. Vision Marine (NASDAQ:VMAR) shares rose 4.05% to $0.6. The company's market cap stands at $7.0 million. As per the press release, Q2 earnings came out yesterday. Tupperware Brands (NYSE:TUP) shares rose 3.82% to $1.0. The company's market cap stands at $46.5 million. ToughBuilt Indu