Brp Inc SEC Filings

BRP Inc. filed a prospectus supplement describing a Secondary Offering consisting of Subordinate Voting Shares priced at $90.71 per share with an underwriter commission of $3.63 and net proceeds of $87.08 per share. The Supplement shows gross proceeds of $136,065,000 and underwriter compensation of $5,442,600, leaving net proceeds to the selling shareholder of $130,622,400. The document incorporates by reference various periodic reports and financial statements and lists brands (Ski-Doo, Sea-Doo, Can-Am, Rotax, Quintrex, Lynx) and product lines including parts, accessories and electric model development. It discloses a capital structure with 11,996,629 Multiple Voting Shares and a contemplated Subordinate Voting Shares offering of 1,500,000 shares, and notes significant shareholder groups including the Bain and Beaudier groups and related voting concentration. The Company states WKSI status under Canadian blanket orders and describes distribution mechanics and applicable tax and regulatory considerations.

BRP Inc. prospectus supplement discusses a secondary offering framework and related disclosures for Subordinate Voting Shares. The document lists product brands (Ski-Doo, Sea-Doo, Can-Am, Quintrex, Rotax) and notes the company is developing electric models. It provides sample issuance sizes and prices for multiple Subordinate Voting Share transactions and options (examples include 752,300 options at $49.78 and multiple blocks priced from $54.43 to $91.38). Trading volumes and monthly high/low prices are shown in CAD and US$, with monthly average daily volumes ranging roughly from ~127,802 to ~320,287 shares. The supplement confirms BRP qualifies as a well-known seasoned issuer and describes distribution mechanics including "at-the-market" offerings and potential underwriter stabilization. It discloses concentrated voting control and that certain major holders are not subject to lock-ups and may sell shares.

Turtle Creek Asset Management Inc. reports beneficial ownership of 2,986,371 subordinate voting shares of BRP Inc., representing 8.7% of the class. Turtle Creek reports sole voting and sole dispositive power over these shares, and states the shares are held for the benefit of unit holders of mutual funds it manages, with no known single unit holder exceeding 5%. The filing identifies Turtle Creek as an investment adviser and confirms the holdings were acquired and are held in the ordinary course of business, not to influence control of BRP.

Mackenzie Financial Corporation filed a Schedule 13G/A reporting beneficial ownership of 2,847,424 common shares of BRP Inc. (CUSIP 05577W200), representing 8.25% of the class. The filer reports sole voting and sole dispositive power over all shares and states the securities were acquired and held in the ordinary course of business, not to influence control of the issuer. The filing lists Mackenzies Toronto address and BRPs principal executive office in Valcourt, Quebec. The form is certified by Gillian Seidler, Vice-President & Chief Compliance Officer, dated 08/14/2025.

Goldman Sachs Group and its affiliate Goldman Sachs & Co. LLC report beneficial ownership of 1,979,267.41 subordinate voting shares of BRP Inc., representing 5.7% of the class. The cover pages show shared voting power and shared dispositive power over the reported shares rather than sole control. The filing includes a joint filing agreement and an exhibit identifying Goldman Sachs as a subsidiary broker-dealer and registered investment adviser of the GS Group. A certification states the holdings are held in the ordinary course of business and not to influence control of the issuer.