24/7 Market News Snapshot 26 March, 2025 – Visionary Holdings Inc. Common Shares (NASDAQ:GV)
DENVER, Colo., 26 March, 2025 (247marketnews.com) – (Nasdaq:GV) are discussed in this article.
Visionary Holdings Inc. (Nasdaq:GV) has experienced significant upward momentum in trading, opening at $3.284 and rising to $3.560, marking an impressive increase of approximately 11.95%. This bullish activity follows a previous close at $3.180, indicating heightened investor interest and the potential for continued growth. With a trading volume exceeding 1.22 million shares, technical indicators are suggesting a breakthrough, as the price has surpassed recent resistance levels. Key support for the stock is anticipated around $3.284; maintaining above this mark could strengthen the bullish sentiment in the short term.
In conjunction with its rising stock, Visionary Holdings has announced the launch of the Visionary Industrial Development LPF, a new fund focused on bolstering the new energy vehicle (NEV) industry. This strategic initiative entails an initial issuance scale of $50 million, designated to support technological advancements within the NEV sector, including electric vehicles, photovoltaics, and energy storage solutions. Visionary Asset Management Limited will manage the fund, leveraging its experienced team to maximize investment impact.
As the principal investor, Visionary Holdings will contribute 10% of the total fund, underscoring its commitment to this initiative and confidence in the future of the NEV market. The company is actively engaging with prominent global institutions, such as the Public Investment Fund of Saudi Arabia and the Alfardan Group of Qatar, to extend invitations for participation, which could enrich the fund with additional resources and expertise.
The overarching objective of the Visionary Industrial Development Fund is to enhance the financial framework supporting Visionary’s PEGASUS new energy vehicle project, firmly positioning the company for a vital role in the burgeoning NEV landscape. Through this endeavor, Visionary Holdings affirms its dedication to transparency and prompt communication with investors and stakeholders, paving the way for a more sustainable future.
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