Vision Marine Technologies Files 6-K, Reports Material Agreement

TL;DR

Vision Marine (VMAR) filed a 6-K, hinting at a big new deal – details scarce but it's material.

AI Summary

Vision Marine Technologies Inc. filed a Form 6-K on September 26, 2025, reporting on events for the month of September 2025. The filing indicates the entry into a Material Definitive Agreement, though specific details of this agreement are not provided in the excerpt. The company is a foreign private issuer based in Boisbriand, Quebec, Canada.

Why It Matters

This filing signals a significant development for Vision Marine Technologies, potentially impacting its operations, partnerships, or financial standing through a new material agreement.

Risk Assessment

Risk Level: medium — The filing mentions a 'Material Definitive Agreement' without providing specifics, creating uncertainty about the nature and impact of this agreement.

Key Players & Entities

• Vision Marine Technologies Inc. (company) — Filer of the 6-K report
• September 2025 (date) — Reporting period for the 6-K
• Boisbriand, Quebec, Canada (location) — Company's principal executive office location

FAQ

Key Financial Figures

• $600,000 — granted (i) an annual base salary of US$600,000, subject to annual review; (ii) a one-t
• $750,000 — i) eligibility for cash bonuses up to US$750,000 and up to 500,000 common shares of the
• $15 m — “market cap milestones” (US$15 million, US$25 million, and US$35 million
• $25 m — cap milestones” (US$15 million, US$25 million, and US$35 million, maintained fo
• $35 m — o; (US$15 million, US$25 million, and US$35 million, maintained for 10 consecutive tr
• $20,000 — eks of paid vacation; (vi) a one-time US$20,000 relocation payment, monthly housing all
• $12,000 — payment, monthly housing allowance of US$12,000, and monthly car allowance of US$2,000;
• $2,000 — $12,000, and monthly car allowance of US$2,000; and (vii) severance, including 12 mont
• $35 million — ,000 at US$25 million, and 200,000 at US$35 million). The RSUs are governed by the Company'

Filing Documents

• tm2527036d1_6k.htm (6-K) — 18KB
• tm2527036d1_ex10-1.htm (EX-10.1) — 99KB
• tm2527036d1_ex10-2.htm (EX-10.2) — 33KB
• tm2527036d1_ex10-3.htm (EX-10.3) — 78KB
• tm2527036d1_ex99-1.htm (EX-99.1) — 15KB
• 0001104659-25-093747.txt ( ) — 244KB

01 Financial

Item 9.01 Financial (d) Exhibits Exhibit No. Description 10.1 Executive Employment Agreement, dated September 25, 2025 between the Company and Mr. Alexandre Mongeon 10.2 Restricted Share Unit Agreement, dated September 25, 2025 between the Company and Mr. Alexandre Mongeon 10.3 Restricted Share Unit Plan, adopted on September 12, 2025 99.1 Press Release, dated September 26, 2025 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: September 26, 2025 By: /s/ Raffi Sossoyan Name: Raffi Sossoyan Title: Chief Financial Officer

View Full Filing

View this 6-K filing on SEC EDGAR