SCHEDULE: 3i LP Exits Vision Marine Technologies Stake
Beneficial Ownership Statement
3i, LP and its affiliates have filed an exit Schedule 13G, disclosing their current 1.1% beneficial ownership in Vision Marine Technologies Inc. after disposing of prior holdings.
Summary
- 3i, LP, 3i Management LLC, and Maier Joshua Tarlow (collectively, the "Reporting Persons") have filed a Schedule 13G, indicating a change in their beneficial ownership of Vision Marine Technologies Inc. Common Shares.
- The filing serves as an exit statement for the Reporting Persons, as they have disposed of all issuer securities previously deemed beneficially owned as a consequence of Vision Marine Technologies Inc.'s recent offering.
- As of the filing date, the Reporting Persons collectively beneficially own 40,000 Common Shares, representing 1.1% of the outstanding class.
- This beneficial ownership consists of 40,000 common share purchase warrants (Warrants) directly held by 3i, LP, with shared voting and dispositive power exercised by 3i Management LLC and Maier Joshua Tarlow.
- The percentage of class is calculated based on 3,232,137 Common Shares outstanding after Vision Marine Technologies Inc.'s offering, which was disclosed in a prospectus dated August 15, 2025, and the subsequent exercise of 475,000 pre-funded warrants by 3i, LP.
- Upon the consummation of the aforementioned offering, the Reporting Persons initially beneficially owned approximately 8.5% of the outstanding Common Shares.
Sentiment
Score: 5
Explanation: The filing is a neutral, factual disclosure of an investor's exit from a position, providing no positive or negative operational insights into the issuer.
Positives
- The Reporting Persons have successfully completed the disposition of their previously held securities, indicating a clear exit from their investment position.
Negatives
- No explicit negative information regarding Vision Marine Technologies Inc. or its operations is contained within this ownership disclosure filing.
Risks
- No specific operational or financial risks for Vision Marine Technologies Inc. are mentioned in this beneficial ownership disclosure filing.
Future Outlook
This filing is a disclosure of past ownership changes and does not contain forward-looking statements or guidance from Vision Marine Technologies Inc. or the Reporting Persons regarding future operations or financial performance.
Industry Context
This filing is a standard disclosure of an investor's beneficial ownership change and does not provide insights into broader industry trends or competitive landscape for Vision Marine Technologies Inc.
Stakeholder Impact
- Shareholders: The disclosure of an investor group exiting a position could be noted by other shareholders, though the 1.1% stake is relatively small.
- Company Management: Awareness of changes in significant shareholder base.
Key Dates
| Date | Description |
|---|---|
| 08/15/2025 | Date Vision Marine Technologies Inc.'s Registration Statement on Form F-1 (File No. 333-289547) was declared effective by the SEC, and the date of the prospectus for the offering. |
| 08/18/2025 | Date of event which requires the filing of this statement (change in beneficial ownership). |
| 08/21/2025 | Date the Joint Filing Agreement was executed and the Schedule 13G was signed. |
Keywords
Vision Marine Technologies, Schedule 13G, Beneficial Ownership, 3i LP, Maier Joshua Tarlow, Common Shares, Warrants, SEC Filing, Exit Filing
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