Vision Marine Technologies Changes Auditors

Ticker: VMAR · Form: 6-K · Filed: May 20, 2024 · CIK: 1813783

Vision Marine Technologies Inc. 6-K Filing Summary
FieldDetail
CompanyVision Marine Technologies Inc. (VMAR)
Form Type6-K
Filed DateMay 20, 2024
Risk Levelmedium
Pages2
Reading Time3 min
Sentimentneutral

Sentiment: neutral

Topics: auditor-change, accounting

TL;DR

Vision Marine Technologies is switching auditors, with EY out and a new firm to be named.

AI Summary

Vision Marine Technologies Inc. announced on May 6, 2024, the departure of its independent registered public accounting firm, Ernst & Young LLP (EY). The company is initiating a search for a new accounting firm to replace EY.

Why It Matters

A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor.

Risk Assessment

Risk Level: medium — A change in auditors, especially without immediate explanation, can introduce uncertainty regarding financial reporting and internal controls.

Key Players & Entities

  • Vision Marine Technologies Inc. (company) — Registrant
  • Ernst & Young LLP (company) — Departing Auditor
  • May 6, 2024 (date) — Date of Auditor Departure

FAQ

When did Ernst & Young LLP's departure as the independent registered public accounting firm become effective?

The departure of Ernst & Young LLP was effective on May 6, 2024.

What is the name of the company filing this report?

The company filing this report is Vision Marine Technologies Inc.

What form is being filed?

This is a Form 6-K report.

What is the primary reason for this Form 6-K filing?

The primary reason for this filing is the departure of the registrant's certifying accountant, Ernst & Young LLP.

Where is Vision Marine Technologies Inc. located?

Vision Marine Technologies Inc. is located at 730 Boulevard du Curé-Boivin, Boisbriand, Québec, J7G 2A7, Canada.

Filing Stats: 640 words · 3 min read · ~2 pages · Grade level 14.1 · Accepted 2024-05-17 17:57:28

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. The following documents are herewith filed or furnished as exhibits to this report: Exhibit No . Description 16.1 Letter of Ernst & Young LLP dated May 17, 2024 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VISION MARINE TECHNOLOGIES INC. Date: May 17, 2024 By: /s/ Raffi Sossoyan Name: Raffi Sossoyan Title: Chief Financial Officer

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