Vision Marine Technologies Announces Settlement of Outstanding Legal Claim
Vision Marine Technologies (NASDAQ: VMAR) has announced the successful settlement of an outstanding legal claim involving certain shareholders. The resolution has resulted in a clean capitalization structure for the company. Following the settlement, Vision Marine reports maintaining a strong cash position, which will support its ongoing operations, strategic initiatives, and potential expansion plans in the electric marine propulsion systems sector.
Vision Marine Technologies (NASDAQ: VMAR) ha annunciato la risoluzione positiva di una controversia legale pendente con alcuni azionisti. Questa soluzione ha portato a una struttura di capitale pulita per l'azienda. A seguito dell'accordo, Vision Marine segnala di mantenere una solida posizione di cassa, che sosterrà le operazioni correnti, le iniziative strategiche e i potenziali piani di espansione nel settore dei sistemi di propulsione marina elettrica.
Vision Marine Technologies (NASDAQ: VMAR) ha anunciado la exitosa resolución de una reclamación legal pendiente con ciertos accionistas. Esta solución ha dado lugar a una estructura de capital limpia para la empresa. Tras el acuerdo, Vision Marine informa que mantiene una sólida posición de efectivo, que respaldará sus operaciones en curso, iniciativas estratégicas y posibles planes de expansión en el sector de sistemas de propulsión marina eléctrica.
Vision Marine Technologies (NASDAQ: VMAR)는 일부 주주들과 관련된 미해결 법적 청구가 성공적으로 해결되었음을 발표했습니다. 이번 합의로 회사의 자본 구조가 정리되었습니다. 합의 후 Vision Marine은 강력한 현금 보유고를 유지하고 있다고 보고했으며, 이는 지속적인 운영, 전략적 계획 및 전기 해양 추진 시스템 분야에서의 잠재적 확장 계획을 지원할 것입니다.
Vision Marine Technologies (NASDAQ : VMAR) a annoncé le règlement réussi d'une réclamation juridique en suspens impliquant certains actionnaires. Cette résolution a permis d'obtenir une structure de capital propre pour l'entreprise. Suite à cet accord, Vision Marine indique maintenir une solide position de trésorerie, qui soutiendra ses opérations en cours, ses initiatives stratégiques ainsi que ses projets d'expansion potentiels dans le secteur des systèmes de propulsion marine électrique.
Vision Marine Technologies (NASDAQ: VMAR) hat die erfolgreiche Beilegung eines ausstehenden Rechtsstreits mit bestimmten Aktionären bekannt gegeben. Die Einigung hat zu einer klaren Kapitalstruktur des Unternehmens geführt. Nach der Einigung berichtet Vision Marine, eine starke Liquiditätsposition beizubehalten, die seine laufenden Geschäfte, strategischen Initiativen und potenziellen Expansionspläne im Bereich der elektrischen Marineantriebssysteme unterstützen wird.
- Resolution of legal dispute leading to clean capitalization structure
- Maintained strong cash position post-settlement
- Company can now focus on strategic objectives and growth
- Settlement terms and financial impact not disclosed
MONTREAL, QC / ACCESS Newswire / May 16, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion systems, today announced that it has successfully reached a settlement agreement resolving a previously disclosed outstanding legal claim related to certain of its shareholders.
This resolution fully addresses a legal dispute, providing the Company with a clean capitalization structure. In addition, after the resolution Vision Marine believes it maintains a strong cash position, supporting the Company's liquidity to facilitate ongoing business operations, strategic initiatives, and prospective expansion efforts.
Alex Mongeon, CEO of Vision Marine, commented, "We are pleased to announce this resolution, which marks an important milestone for Vision Marine. This settlement allows us to fully focus on executing our strategic objectives and accelerating growth in the rapidly expanding electric marine sector."
About Vision Marine Technologies, Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) designs and manufactures cutting-edge electric propulsion systems and complete electric boat solutions. The Company's flagship E-Motion™ 180E powertrain is a market-proven, purpose-built, high-voltage electric marine propulsion system powering vessels such as the V30 180 HP Electric Pontoon, now available for order. Vision Marine collaborates with industry-leading original equipment manufacturers to accelerate the adoption of powerful, maintenance-friendly electric boating solutions worldwide.
Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements." These statements include, but are not limited to, expectations regarding the benefits of the new patent, its impact on future product development and original equipment manufacturer integrations, and Vision Marine's competitive position. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could affect results are discussed in the Company's filings with the Securities and Exchange Commission. Vision Marine undertakes no obligation to update any forward-looking statements except as required by law.
Investor & Company Contact
Vision Marine Technologies
Bruce Nurse - Investor Relations
(303) 919-2913
bn@v-mti.com
Website: visionmarinetechnologies.com
Twitter: @marine_vision
Facebook: @VisionMarineTechnologies
Instagram: @visionmarine.technologies
YouTube: @VisionMarineTechnologies
SOURCE: Vision Marine Technologies Inc
View the original press release on ACCESS Newswire
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