Welcome to our dedicated page for Vision Marine Technologies SEC filings (Ticker: VMAR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Vision Marine Technologies Inc. (NASDAQ: VMAR), an electric marine propulsion company active in the recreational boating market. Through these filings, investors can review how Vision Marine reports on its high-voltage E-Motion™ powertrain platform, its electric boat and rental operations, and its multi-brand retail and service network built around the Nautical Ventures acquisition.
Vision Marine files annual reports on Form 20-F and multiple current reports on Form 6-K as a foreign private issuer. These documents discuss topics such as operating segments (including sale of electric boats and rental of electric boats), revenue categories like sales of boats, parts and maintenance, powertrain sales, and boat rental and club membership revenue, as well as geographic information indicating that a substantial portion of revenue is generated from the United States.
Recent Form 6-K filings describe material definitive agreements and capital markets activity, including equity offerings of common shares and pre-funded warrants under Form F-1 registration statements, the use of proceeds for working capital, inventory management, servicing floorplan lines of credit, general and administrative expenses, and prosecuting patent applications related to the E-Motion™ electric powertrain technology. Other 6-Ks detail the Equity Purchase Agreement to acquire Nautical Ventures Group Inc. and related convertible note arrangements, along with executive compensation agreements and restricted share unit plans that link management incentives to market capitalization milestones.
On Stock Titan, Vision Marine’s SEC filings are updated in near real time as new documents are posted to EDGAR. Each filing, whether a 20-F annual report, 6-K current report, or registration statement, can be reviewed alongside AI-powered summaries that highlight key points such as segment performance, financing structures, material contracts, and equity incentive plans. Users can also track disclosures related to convertible instruments, floorplan financing, marina and real estate arrangements, and other items that influence Vision Marine’s capital structure and operating profile.
For investors analyzing VMAR, this filings page offers a structured view of the company’s regulatory history, including its transition into a multi-brand retail and service platform through Nautical Ventures and its ongoing focus on high-voltage electric marine propulsion technology.
Vision Marine Technologies Inc. is registering up to 15,094,340 common units and up to 15,094,340 pre-funded units, plus the common shares and warrants underlying those units, in a primary best-efforts offering. Each common unit includes one common share and one half of one common warrant, with an assumed price of $0.53 per unit and each whole warrant exercisable at $0.6625 for five years. Each pre-funded unit includes a pre-funded warrant and one half of one common warrant, with a de minimis remaining exercise price of C$0.001 per share and a 4.99% (optionally 9.99%) ownership cap.
The company estimates net proceeds of about $7.0 million if all units are sold, to be used mainly for working capital, inventory management, servicing floorplan credit lines, general expenses, and patent prosecution, with potential use for future acquisitions. Shares outstanding would rise from 5,008,735 to 20,103,075 after the offering, excluding shares underlying the common warrants. Vision Marine has shifted to a two-segment model after acquiring Nautical Ventures, which generated 92.8% of fiscal 2025 revenue, while its legacy electric operations focus on E-Motion™ powertrains and electric boats.
Lincoln Alternative Strategies LLC disclosed beneficial ownership of 750,000 shares of Vision Marine Technologies Inc. (CUSIP 92840Q301), representing 16.10% of the company's 4,657,137 outstanding common shares as of August 15, 2025. The filing states the shares are owned with sole voting and dispositive power by the reporting person. The statement is submitted on Schedule 13G and includes a certification that the shares were not acquired to change or influence control of the issuer.
Vision Marine Technologies Inc. (VMAR) received an initial Form 3 from Lincoln Alternative Strategies LLC reporting beneficial ownership of common stock. The filing shows Lincoln Alternative Strategies LLC directly owns 750,000 shares of common stock. The reporting person is identified with an address in Miami Beach, FL, and checked relationship roles that include Director and 10% owner. The event requiring the statement is dated 08/15/2025, and the form was signed by Stephen Temes on 08/27/2025. No derivative securities are reported on Table II.
3i, LP, 3i Management LLC and Maier Joshua Tarlow filed a Schedule 13G reporting beneficial ownership tied to Vision Marine Technologies Inc. (CUSIP 92840Q301). The filing discloses that the Reporting Persons hold warrants exercisable for 40,000 common shares, representing 1.1% of the class based on 3,232,137 Common Shares outstanding after the offering. The statement explains that 3i previously held approximately 8.5% following the offering and exercised an aggregate of 475,000 pre-funded warrants, but all issuer securities deemed beneficially owned as a consequence of the offering have since been disposed, making this an exit filing. Voting and dispositive power over the 40,000 warrants is shared among the Reporting Persons.
Vision Marine Technologies Inc. (VMAR) filed a prospectus for a registered offering that would increase shares outstanding from 1,157,137 to 4,657,137 (5,182,137 if over-allotment exercised). Net proceeds are estimated at approximately US$6,228,629 (US$7,199,879 with full over-allotment). The filing presents pro forma financials reflecting the acquisition of Nautical Ventures and discloses convertible note arrangements totaling US$4.0M (convertible at US$8.624/share) and a potential additional US$2.0M note tied to contingent claims, with minimum monthly payments. The company highlights its E-Motion electric powertrain prototype with 96% efficiency versus a recorded competitor efficiency of 54%, technical specs and supplier relationships. Material risk disclosures include a current net loss, substantial doubt about going concern, reliance on key suppliers, seasonal demand volatility, recent litigation and a marina fire in Oct 2024 with one fatality, and a May 2025 settlement requiring issuance of 250,000 shares subject to court approval. The company’s common shares trade on Nasdaq under VMAR.
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