Vision Marine Technologies Inc. Achieves Nasdaq Compliance

Vision Marine Technologies Inc., a leader in electric marine propulsion, has announced it has regained compliance with the Nasdaq Listing Rule 5550(a)(2), according to a notice from the Nasdaq Hearing Panel. This development follows the company's successful fulfillment of criteria outlined in the Panel's October 3, 2024 decision.

The company will be under a mandatory panel monitor for one year to ensure ongoing compliance with Nasdaq's requirements. If any compliance issues arise during this period, the company risks delisting without any opportunity to rectify the deficiencies.

This achievement underscores Vision Marine Technologies’ commitment to sustaining shareholder value and reinforcing its presence in the electric marine propulsion market, promoting further growth and innovation in the sector.