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Vision Marine Technologies Secures $11.7M in Capital: Form 6-K/A Report Insights

$VMAR
Form 6-K/A
Filed on: 2025-01-10
Source
Vision Marine Technologies Secures $11.7M in Capital: Form 6-K/A Report Insights

Here are the key insights extracted from the provided section of the financial report:

  1. Document Type: This is a Form 6-K/A, which is a report filed by a foreign private issuer with the SEC, typically used for reporting significant events.
  2. Filing Date: The report is dated January 10, 2025.
  3. Company Name: The registrant is Vision Marine Technologies Inc.
  4. Address: The principal executive office is located at 730 Boulevard du Curé-Boivin, Boisbriand, Québec, Canada.
  5. Financial Event: On January 10, 2025, Vision Marine Technologies announced that it secured over US$11.7 million through an At-the-Market Offering. This capital is intended to support the company’s growth and fund strategic acquisitions.
  6. Exhibit Reference: The press release regarding the fundraising is attached as Exhibit 99.1 to the report.
  7. Incorporation by Reference: The information in this report is incorporated by reference into three registration statements:
  • Form F-3 (File No. 333-267893)
  • Form F-3 (File No. 333-274882)
  • Form S-8 (File No. 333-264089)
  1. Signature: The report is signed by Raffi Sossoyan, the Chief Financial Officer of the company.

Summary:

Vision Marine Technologies Inc. has successfully raised over US$11.7 million through an At-the-Market Offering, aimed at accelerating growth and enabling strategic acquisitions. The report was signed by the CFO and includes references to related registration statements.