Vision Marine: Affiliates report 9.5% stake

Accepted by SEC EDGAR 03/12/2026 - 08:56 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

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.

Insights

Equity Ownership Specialist

Two affiliated entities report a combined 9.5% stake via a joint Schedule 13G.

The filing lists 119,326 shares as beneficially owned and cites a company share base of 1,255,000 for the percentage calculation. Kingbird Ventures LLC holds the shares directly; Diveroli Investment Group LLC is treated as a related reporting person.

Disclosure shows group status and shared dispositive and voting power; any future changes in ownership or voting arrangements would be reflected in subsequent filings.

Corporate Governance Analyst

Joint filing signals coordinated reporting but does not alter corporate control on its face.

The joint Schedule 13G identifies shared voting and dispositive power of 119,326 shares and clarifies the reporting persons' relationship. The filing includes a Joint Filing Agreement as Exhibit 99.1.

Because this is a beneficial ownership report, corporate governance impacts depend on future actions by the holders; voting intentions are not detailed here.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Diveroli Investment Group LLC report in VMAR?

Diveroli Investment Group LLC reports beneficial ownership of 119,326 shares of VMAR common stock, equal to approximately 9.5% based on an assumed company total of 1,255,000 shares. The entity states the shares may be deemed owned due to affiliation.

How many VMAR shares does Kingbird Ventures LLC directly own?

Kingbird Ventures LLC directly holds 119,326 shares of VMAR common stock, representing approximately 9.5% of the assumed outstanding share count of 1,255,000. This direct holding is disclosed in Item 4 of the Schedule 13G.

When did the reporting persons acquire the VMAR shares?

The Schedule 13G states the relevant acquisition occurred on March 4, 2026. The joint filing explains the aggregate ownership exceeded the 5.0% reporting threshold on that date and the report was filed subsequently.

Are Diveroli and Kingbird filing together or separately for VMAR?

They filed a joint Schedule 13G and attached a Joint Filing Agreement (Exhibit 99.1). The filing lists both Diveroli Investment Group LLC and Kingbird Ventures LLC as Reporting Persons and reports shared voting and dispositive power for the disclosed shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Vision Marine Technologies Inc.

(Name of Issuer)

Common Stock, no par value

(Title of Class of Securities)

03/04/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP Number(s):

1

Names of Reporting Persons

Diveroli Investment Group LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 119,326.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 119,326.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

119,326.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.5 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The percentage in Row 11 is based upon the Company having, upon information and belief, 1,255,000 shares of common stock.

SCHEDULE 13G

CUSIP Number(s):

1

Names of Reporting Persons

Kingbird Ventures LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

WYOMING

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 119,326.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 119,326.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

119,326.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.5 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The percentage in Row 11 is based upon the Company having, upon information and belief, 1,255,000 shares of common stock.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Vision Marine Technologies Inc.
(b)	Address of issuer's principal executive offices: 730 Boulevard du Cure-Boivin
Item 2.
(a)	Name of person filing: The names of the persons filing this report (each a "Reporting Person", collectively, the "Reporting Persons") are (1) Diveroli Investment Group LLC; and (2) Kingbird Ventures LLC. The Reporting Persons are filing this Schedule 13G pursuant to Rule 13d-1(c) because on March 4, 2026, entities that could be deemed to be controlled by the Reporting Persons, in the aggregate, acquired ownership of more than 5.0% of the outstanding Common Stock and currently own approximately 9.5% of the outstanding Common Stock.
(b)	Address or principal business office or, if none, residence: 848 Brickell Ave., Suite PH5, Miami, FL 33131
(c)	Citizenship: See Row 4 of cover page for each Reporting Person
(d)	Title of class of securities: Common Stock, no par value
(e)	CUSIP No.: 92840Q301
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See Row 9 of cover page for each Reporting Person. Diveroli Investment Group LLC does not directly hold any shares of Common Stock. Kingbird Ventures LLC directly holds 119,326 shares of Common Stock. Diveroli Investment Group LLC may be deemed to beneficially own the securities directly held by Kingbird Ventures LLC. The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Sections 13 of the Securities Exchange Act of 1934, the beneficial owner of the securities reported herein.
(b)	Percent of class: See Row 11 of cover page for each Reporting Person and the Comments thereto.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person and the Comments thereto.
	(ii) Shared power to vote or to direct the vote: See Row 6 of cover page for each Reporting Person and the Comments thereto.
	(iii) Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each Reporting Person and the Comments thereto.
	(iv) Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person and the Comments thereto.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Diveroli Investment Group LLC; Kingbird Ventures LLC
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Diveroli Investment Group LLC

Signature:	/s/ Aharon Diveroli
Name/Title:	Chief Investment Officer
Date:	03/11/2026

Kingbird Ventures LLC

Signature:	/s/ Aharon Diveroli
Name/Title:	Chief Investment Officer
Date:	03/11/2026

Exhibit Information

Exhibit 99.1 Joint Filing Agreement