EB Strategies Inc signed a letter of intent to acquire Eb Rental, Ltd. from Vision Marine Technologies Inc. (NasdaqCM:VMAR) for $1 million on April 3, 2024. Consideration consists of cash-free and debt-free basis The transaction is expected to close within three weeks from the date of the letter of intent. The Company will continue to own and operate its boat rental operations in Ventura, California and Palm Beach, Florida as this transaction is for the sale of its boat rental operation in Newport Beach, California only.