Vision Marine Technologies Inc. announced a non-binding letter of intent to enter into a proposed business combination with an undisclosed private counterparty developing unmanned aerial systems for defense applications, structured as a reverse takeover resulting in existing shareholders retaining approximately 2.9% ownership. Concurrently, the board approved a 1-for-10 reverse stock split effective August 26, 2026, to regain Nasdaq compliance, and voluntarily delisted from the TSX Venture Exchange on the same date to consolidate its listing on Nasdaq. The company operates in the marine technology and recreational boating industry.

Vision Marine Technologies Inc. completed the sale of its Fort Lauderdale property at 1440 S. Federal Highway on July 31, 2026, as part of a Florida real estate optimization plan to simplify its operating footprint and focus resources on E-Motion commercialization. Concurrently, the TSX Venture Exchange accepted the company's notice for a normal course issuer bid (NCIB) authorizing the repurchase of up to 326,523 common shares, representing approximately 5% of outstanding shares as of August 4, 2026. The NCIB program allows purchases at prevailing market prices from August 7, 2026, through August 6, 2027, or earlier completion, with acquired shares intended for cancellation to enhance capital allocation flexibility and shareholder value. Vision Marine Technologies Inc. operates in the marine technology industry, developing proprietary electric propulsion systems and managing a network of boat retail, service, and marina operations.

Vision Marine Technologies Inc. completed its at-the-market equity offering program, selling 6,380,235 common shares for aggregate gross proceeds of $16,334,922 and net proceeds of $15,552,243. The company also reported unaudited financial results for the three-month and nine-month periods ended May 31, 2026, showing 27% sequential revenue growth in the third quarter to $18.4 million. Vision Marine Technologies Inc. is a marine technology and recreational boating company that develops electric propulsion technology and operates a retail, marina, and service platform.

On June 19, 2026, Vision Marine Technologies Inc. announced the retirement of Roger Moore, founder of Nautical Ventures Group Inc., from his role as Chief Revenue Officer. The company operates in the marine industry, specializing in the design and manufacture of electric boats.