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.
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. completed a firm commitment equity offering with ThinkEquity LLC, issuing 2,075,000 common shares and 1,425,000 pre-funded warrants at a public offering price of US$2.00 per common share (inclusive of the pre-funded warrant exercise price). The offering closed on August 18, 2025 and generated gross proceeds of US$7,000,00 before underwriting discounts and expenses. The company plans to use the net proceeds mainly for general corporate purposes and working capital, including inventory management, servicing floorplan lines of credit, general and administrative expenses, and patent prosecution for its E-Motion™ electric powertrain technology, and potentially for future acquisitions or strategic investments. All pre-funded warrants, each with a CA$0.001 exercise price, were fully exercised by August 18, 2025, and the underwriter received additional warrants to purchase up to 175,000 common shares at US$2.50 per share.
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.
Vision Marine Technologies is conducting a firm commitment equity offering of 3,500,000 common shares, or pre-funded warrants in lieu, at an offering price of US$2.00 per security, for expected gross proceeds of US$7,000,000 before fees and expenses. The transaction is expected to close on August 18, 2025, subject to customary closing conditions, with ThinkEquity LLC acting as underwriter.
The company plans to use the net proceeds for general corporate purposes and working capital, including inventory management, servicing floorplan lines of credit, general and administrative expenses, and patent prosecution for its E-Motion™ electric powertrain technology. The underwriter is to receive a 6.5% cash fee on gross proceeds, an over-allotment option for up to 525,000 additional common shares or pre-funded warrants, and underwriter warrants to purchase 175,000 common shares at US$2.50 per share for five years.
Vision Marine Technologies Inc. filed an amended report to note that a New York state court has approved a previously announced shareholder settlement. On August 13, 2025, the court entered an order under Section 3(a)(10) of the Securities Act approving the issuance of an aggregate 250,000 common shares, called the Settlement Shares, to shareholders identified in a May 16, 2025 settlement agreement resolving the Ionic Ventures, LLC et al. matter.
The order provides that these Settlement Shares are exempt from registration and, once issued, may be resold without restriction, subject to a partial lock-up. Each holder may sell no more than its pro rata portion of 20% of the company’s daily trading volume in common shares on any trading day, with the restriction subject to early termination in certain cases such as a capital raise or sustained higher trading volume. Mutual releases of all related claims became effective upon entry of the order, and the company expects to issue the Settlement Shares around August 15, 2025.
Vision Marine Technologies Inc. filed an amended report to note that a New York state court has approved a previously announced shareholder settlement. On August 13, 2025, the court entered an order under Section 3(a)(10) of the Securities Act approving the issuance of an aggregate 250,000 common shares, called the Settlement Shares, to shareholders identified in a May 16, 2025 settlement agreement resolving the Ionic Ventures, LLC et al. matter.
The order provides that these Settlement Shares are exempt from registration and, once issued, may be resold without restriction, subject to a partial lock-up. Each holder may sell no more than its pro rata portion of 20% of the company’s daily trading volume in common shares on any trading day, with the restriction subject to early termination in certain cases such as a capital raise or sustained higher trading volume. Mutual releases of all related claims became effective upon entry of the order, and the company expects to issue the Settlement Shares around August 15, 2025.