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Targeted parts auction reduces surplus, strengthens balance sheet, and funds recurring revenue growth
FORT LAUDERDALE, FLORIDA / ACCESS Newswire / September 4, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion and multi-brand boat retail, is advancing its post-acquisition integration of Nautical Ventures with a strategic auction of discontinued, overstocked and clearance parts inventory in Florida. This initiative streamlines operations, reduces surplus stock, and repurposes facility space to expand service bays and electric integration capacity-reinforcing Vision Marine's disciplined approach to operational optimization. As part of this optimization, Vision Marine expects to reallocate approximately 5,000 square feet at its Fort Lauderdale waterfront marina to establish an integration center and sales office with direct water access.
The auction will run September 16-18, 2025 and will be conducted with Stampler Auctions (Harry Stampler). The catalog will be listed on Stampler Auctions' platform at stamplerauctions.com and is expected to return between $1.3 million and $1.8 million, providing a non-dilutive source of capital and further strengthening the Company's balance sheet.
Posted In: VMAR
