VMAR 6-K/A
Vision Marine Technologies Inc. (VMAR)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K/A
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TORULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2025
Commission File No. 001-39730
VISION MARINE TECHNOLOGIES INC.
(Translation of registrant’s name into English)
730 Boulevard du Curé-Boivin
Boisbriand, Québec, J7G 2A7, Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) ¨
EXPLANATORY NOTE
This Amendment No. 1 to Form 6-K (“Amendment No. 1) is being filed by Vision Marine Technologies Inc. (the “Company”) as an amendment to the Form 6-K dated April 7, 2025 (the “Original 6-K”). The purpose of this Amendment No. 1 is to provide notice of the postponement of the original annual general meeting of shareholders as described in the Original 6-K to be held on May 15, 2025 until May 23, 2025 and update the notice of meeting pursuant to Quebec law as attached in Exhibit 99.1.
Other than as expressly set forth above, this Amendment No. 1 to Form 6-K does not, and does not purport to, amend, update or restate the information in any other item of the Form 6-K, or reflect any events that have occurred after the Form 6-K was originally filed.
General
The information contained in this Report on Form 6-K of the Company, is hereby incorporated by reference into the Company’s Registration Statement on Form F-3 (File No. 333-267893) and Registration Statement on Form S-8 (File No. 333-264089).
On May 2, 2025 the Company issued a press release related to the postponement of the annual general meeting and the information described above entitled, “Vision Marine Technologies Inc. Announces Postponement of Annual Meeting of Shareholders” (the “Press Release”). A copy of the Press Release is furnished as Exhibit 99.2 to this Report on Form 6-K.
Exhibit Index
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 2, 2025 | By: | /s/ Raffi Sossoyan |
| Name: | Raffi Sossoyan | |
| Title: | Chief Financial Officer |
Exhibit 99.1
NOTICE OF POSTPONEMENT OF ANNUAL MEETING OF SHAREHOLDERS
Vision Marine Technologies Inc. (the “Company”) hereby provides notice that its Annual Meeting of Shareholders (the “Shareholders Meeting”), which was originally scheduled to be held on May 15, 2025, has been postponed. The Shareholders Meeting is now scheduled to be held virtually, on May 23, 2025, starting at 10:00 a.m. EST. Shareholders who are interested in participating in the Shareholders Meeting should use the following link:
https://teams.microsoft.com/l/meetup- join/19%3ameeting_NWQzMTBhODctMThhMy00MjRmLWI4MWUtOWMxMTA0MGYwODZl%40thread.v 2/0?context=%7b%22Tid%22%3a%2213e04050-e499-4663-b9d3-53d4ab591fe4%22%2c%22Oid%22%3a%22e0b3f416-1446-4062-8bfd-47254d1384f0%22%7d,
The record date for the Shareholders Meeting, March 27, 2025, remains unchanged and continues to apply to the postponed Shareholders Meeting.
The Shareholders Meeting has been postponed to provide the Company with additional time to contact its shareholders to attain quorum and to facilitate broader participation. The Company’s Board of Directors unanimously recommends that shareholders vote FOR the proposals identified in the Company’s proxy statement for the Shareholders Meeting. Shareholders who have already cast their votes do not need to take any action, unless they wish to change or revoke their prior proxy or voting instructions, and their votes will be counted at the postponed Shareholders Meeting. For shareholders who have not yet cast their votes, they can still vote their shares prior to the postponed Shareholders Meeting.
Signed on April 30, 2025
| VISION MARINE TECHNOLOGIES INC. | ||
|---|---|---|
| By: | /s/ Alexandre Mongeon | |
| Name: | Alexandre Mongeon | |
| Title: | CEO |
Exhibit 99.2
Vision Marine Technologies Inc. Announces Postponement of ANNUAL Meeting of Shareholders
Montreal, Canada, May 2, 2025 – Vision Marine Technologies Inc. (NASDAQ: VMAR) (“VMAR” or the “Company”) a pioneer in electric marine propulsion, today announced that its Annual Meeting of Shareholders (the “Shareholders Meeting”), which was originally scheduled to be held on May 15, 2025, has been postponed. The Shareholder’s Meeting is now scheduled to be held virtually, on May 23, 2025, starting at 10:00 a.m. EST. Shareholders who are interested in participating in the Shareholders Meeting should use the following link:
https://teams.microsoft.com/l/meetup-join/19%3ameeting_NWQzMTBhODctMThhMy00MjRmLWI4MWUtOWMxMTA0MGYwODZl%40thread.v2/0?context=%7b%22Tid%22%3a%2213e04050-e499-4663-b9d3-53d4ab591fe4%22%2c%22Oid%22%3a%22e0b3f416-1446-4062-8bfd-47254d1384f0%22%7d ,
The record date for the Shareholders Meeting, March 27, 2025, is unchanged and applies to the postponed Shareholders Meeting.
The Shareholder’s Meeting has been postponed to provide the Company with additional time to contact its shareholders to attain quorum and to facilitate broader participation. The Company’s Board of Directors unanimously recommends that shareholders vote FOR the proposals identified in the Company’s proxy statement for the Shareholders Meeting. Shareholders who have already cast their votes do not need to take any action, unless they wish to change or revoke their prior proxy or voting instructions, and their votes will be counted at the postponed Shareholders Meeting. For shareholders who have not yet cast their votes, we urge them to vote their shares now, so they can be tabulated prior to the postponed Shareholders Meeting.
Important Additional Information
The Company has filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) on April 7, 2025 (the “Proxy Statement”), which should be read in conjunction with this notice. To the extent information in this notice updates or conflicts with information contained in the Proxy Statement, the information in this notice is the more current information. SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED BY THE COMPANY AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT ANY SOLICITATION. Shareholders may obtain a free copy of the Proxy Statement and the other relevant materials, and any other documents filed by the Company with the SEC, at the SEC’s website at https://www.sec.gov or on the “SEC Filings” section of the Company’s website at https://investors.visionmarinetechnologies.com/
About Vision Marine Technologies, Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) epitomizes the marine industry’s shift towards electric propulsion, offering the pioneering E-Motion™ outboard powertrain system. We believe this innovative technology represents a significant leap forward in marine propulsion, combining advanced battery packs, inverters, and high-efficiency motors with proprietary software and assembly techniques. Vision Marine’s commitment to eco-friendly electric powerboats is reshaping the recreational boating experience, offering higher speeds, longer ranges, and smoother rides than traditional internal combustion engine boats. With a focus on design, innovation, and craftsmanship, Vision Marine continues to redefine recreational boating for a more sustainable future.
Investor and Company Contact:
Vision Marine Technologies
Bruce Nurse
(303) 919-2913