Aug. 4 at 10:50 AM
$VMAR
Vision Marine Technologies Completes Sale of 1440 S. Federal Highway Under Florida Real Estate Optimization Plan.
Through the sale and related operating transition, the Company has monetized a property no longer required and simplified its real estate portfolio.
"This transaction represents another important milestone in executing our strategic plan," said Alexandre Mongeon, Chief Executive Officer of Vision Marine. "We continue to simplify our operating footprint, optimize our real estate portfolio and focus capital and management attention on initiatives intended to strengthen our competitive position and support long-term shareholder value creation."