Vision Marine Technologies Teams Up with ePropulsion to Propel its Phantom Plastic Boat

Press Releases / By

Montreal, QC, 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.

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