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.
Vision Marine Technologies Inc. SEC filings document the company’s foreign private issuer reporting, capital-market activity and governance for an electric marine propulsion and recreational boating business. Form 6-K reports include interim consolidated financial statements and management discussion, updates on the Nautical Ventures platform, exchange-listing matters, annual meeting materials, shareholder voting results, and executive employment arrangements.
The filings also describe registration and financing activity, including Form F-3 shelf registrations, an at-the-market sales agreement for common shares, and incorporation of certain 6-K reports into registration statements. Capital-structure disclosures reference common shares, equity compensation plans, convertible preferred shares, pre-funded warrants, convertible notes and related derivative items.
HRT FINANCIAL LP, a ten percent owner of Vision Marine Technologies Inc., reported mixed open-market trades in the company’s common stock. On June 3, 2026, it executed an open-market purchase of 124,448 shares at $0.433 per share. On June 4, 2026, it made an open-market sale of 5,569 shares at $0.432 per share. Across these transactions, the Form 4 shows a net purchase of 118,879 shares, with direct holdings reported at 106,323 shares after the sale.
HRT Financial LP has filed an initial Form 3 reporting its beneficial ownership in Vision Marine Technologies Inc. common stock. The filing shows HRT Financial directly holding 111,892 shares of Common Stock, establishing its status as a significant shareholder of Vision Marine.
Vision Marine Technologies Inc. is adding a dual listing for its common shares on the TSX Venture Exchange, with trading scheduled to begin on May 1, 2026 under the symbol TSXV: VMAR. The shares will continue to trade on the Nasdaq Capital Market under the symbol VMAR, which remains the company’s primary listing.
The company also updated investors on its at-the-market equity program under its shelf registration. It has issued 1,055,333 common shares at a weighted average price of US$1.95 for gross proceeds of US$2,060,250.32 and net proceeds of US$1,961,759.81, after US$98,490.51 of commissions and costs, out of an aggregate gross capacity of up to US$16,335,000.
Vision Marine Technologies Inc. has received conditional approval to list its common shares on the TSX Venture Exchange, adding a Canadian trading venue alongside its primary Nasdaq listing. The company expects this dual listing to broaden access to Canadian investors and increase visibility for its E-Motion™ electric propulsion platform.
Vision Marine also outlines use of its at-the-market equity program under an effective Form F-3 shelf. It has issued 975,333 common shares at a weighted average price of US$2.03 per share, raising gross proceeds of US$1,983,450.32 and net proceeds of US$1,887,263.81 after US$96,186.51 in commissions and costs, under a prospectus supplement allowing aggregate gross proceeds of up to US$16,335,000.
Vision Marine Technologies reported second-quarter results showing stronger operations at its Nautical Ventures Group (NVG) segment and a cleaner balance sheet. Revenue was $14.53 million, generating gross profit of $4.40 million with a margin of 30%, up from 27% in the prior quarter.
Net loss narrowed to $1.86 million, a 56.8% improvement, while EBITDA loss improved to $2.14 million. NVG’s EBITDA loss fell from $235,477 in Q1 2026 to $2,760 in Q2 2026, placing the segment near breakeven less than a year after acquisition.
Since acquiring NVG, the company reduced inventory by over $10.6 million and cut floor plan financing by $23.8 million. As of February 28, 2026, cash was $4.1 million and working capital surplus was $10.0 million, supported by $9.3 million of equity financing and $3.8 million from real estate monetization.
Vision Marine Technologies Inc. filed interim IFRS financial statements showing rapidly expanding operations but continuing losses and a going concern uncertainty. Revenue for the six months ended February 28, 2026 rose to $30,224,328 from $177,219, mainly from U.S. boat retail after acquiring Nautical Ventures Group.
The company reported a six‑month net loss of $6,177,473 and a cumulative deficit of $77,759,031. Cash was $4,061,703 with working capital of $9,966,737, while management states that recurring losses and negative historical operating cash flows create material uncertainty about its ability to continue as a going concern, and additional financing will be needed.
Vision Marine Technologies Inc. held its annual general meeting, where shareholders representing 6,485,922 common shares, or 17.53% of the 37,008,735 shares entitled to vote, formed a quorum and approved all proposals.
Shareholders elected all director nominees, ratified M&K CPAs as auditors, and adopted amended and restated restricted share unit and stock option plans, with the option plan allowing grants up to 10% of issued and outstanding shares under all share compensation arrangements. They also approved compensation for CEO Alexandre Mongeon, including 285,000 common shares for relocation, 500,000 common shares as milestone compensation, and 500,000 restricted share units.
The company provided an update on its at-the-market equity program with ThinkEquity LLC, under which it may sell up to $16.3 million of common shares. From January 23, 2026 to April 2, 2026, it issued 494,889 common shares for approximately $1.26 million in net proceeds.
Vision Marine Technologies Inc. Schedule 13G reports that two affiliated entities, Diveroli Investment Group LLC and Kingbird Ventures LLC, together acquired beneficial ownership of 119,326 shares of common stock, representing approximately 9.5% of the outstanding common stock based on an assumed total of 1,255,000 shares. Kingbird Ventures LLC directly holds 119,326 shares; Diveroli Investment Group LLC may be deemed to beneficially own those shares. The filing states the acquisition occurred on March 4, 2026 and is filed as a joint reporting group.
Vision Marine Technologies Inc. renewed its executive employment agreement with chief financial officer Raffi Sossoyan, effective March 1, 2026. The new agreement runs for two years, ending March 1, 2028, and replaces his prior March 1, 2024 contract.
Under the agreement, Mr. Sossoyan will receive an annual base salary of CA$295,000, plus an annual incentive bonus of up to 25% of base salary based on performance objectives set by the board or its compensation committee. He will continue to participate in the company’s equity compensation plans. The contract includes severance protections if he is terminated without cause or resigns for good reason, along with customary confidentiality, non‑competition, and non‑solicitation covenants. The agreement is filed as Exhibit 10.1 and the information is incorporated by reference into existing Form F‑3 and Form S‑8 registration statements.
Lincoln Alternative Strategies LLC filed an amended Schedule 13G reporting beneficial ownership of 43,028 shares of Vision Marine Technologies Inc. common stock, representing 4.32% of the class. The percentage is based on 996,038 shares outstanding as of January 23, 2026, as reported by the company.
Lincoln Alternative Strategies has sole voting and dispositive power over all 43,028 shares and no shared power. The filer certifies the shares were not acquired and are not held for the purpose of changing or influencing control of Vision Marine Technologies.