Brief: Vision Marine Technologies Signs Letter Of Intent For Proposed Business Combination With An Undisclosed Counterparty
BRIEF-Vision Marine Technologies Signs Letter Of Intent For Proposed Business Combination With An Undisclosed Counterparty Aug 24 (Reuters) - Vision Marine Technologies Inc VMAR.V:
VISION MARINE TECHNOLOGIES SIGNS LETTER OF INTENT FOR PROPOSED BUSINESS COMBINATION WITH AN UNDISCLOSED COUNTERPARTY
VISION MARINE TECHNOLOGIES - COUNTERPARTY SHAREHOLDERS TO OWN 97.1%, VISION MARINE SECURITYHOLDERS 2.9% AT CLOSING
VISION MARINE TECHNOLOGIES - DEAL SUBJECT TO FINANCING OF AT LEAST $25 MILLION
VISION MARINE TECHNOLOGIES - COMBINED COMPANY SHARES INTENDED TO REMAIN LISTED ON NASDAQ, SUBJECT TO APPROVAL
VISION MARINE TECHNOLOGIES - CONTINGENT CONSIDERATION COULD INCREASE VISION MARINE SECURITYHOLDERS' INTEREST TO 5.7%
VISION MARINE TECHNOLOGIES - COUNTERPARTY REQUIRED TO OBTAIN $100 MILLION BINDING PURCHASE ORDERS FOR 2027 DELIVERIES
Source text: ID:nPn5stFRBa
Further company coverage: VMAR.V
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