Why Sparked Vision Marine Technologies (VMAR) Stock Jumped Nearly 17% After Hours? - Vision Marine Techs (NASDAQ:VMAR)
Vision Marine TechnologiesVision Marine Technologies(US:VMAR) Benzinga·2025-12-19 15:40

Vision Marine Technologies Inc. (NASDAQ:VMAR) shares jumped 16.67% in after-hours trading to 0.28onThursdayafterpricingabest−effortspublicoffering.CheckoutthecurrentpriceofVMARstockhere.Inabest−effortspublicoffering,theunderwriteragreestosellasmanysharesaspossiblewithoutguaranteeingaspecificamountofproceeds.OfferingDetailsThemarinetechnologyandretailcompanypriced32millionunitsat0.28 on Thursday after pricing a best-efforts public offering.Check out the current price of VMAR stock here.In a best-efforts public offering, the underwriter agrees to sell as many shares as possible without guaranteeing a specific amount of proceeds.Offering DetailsThe marine technology and retail company priced 32 million units at 0.30 each, targeting gross proceeds of $9.6 million before fees, according to a ...