SCHEDULE: Lincoln Alternative Strategies Reports 4.32% Stake in Vision Marine

Lincoln Alternative Strategies LLC has filed an amended Schedule 13G, disclosing a 4.32% passive beneficial ownership stake in Vision Marine Technologies Inc.

Summary

• Lincoln Alternative Strategies LLC beneficially owns 43,028 shares of Vision Marine Technologies Inc. common stock.
• This represents 4.32% of the company's outstanding common stock.
• The percentage is calculated based on 996,038 shares outstanding as of January 23, 2026, as reported by Vision Marine Technologies Inc. in its 424B5 prospectus.
• The investment is passive, with Lincoln Alternative Strategies LLC certifying that the securities were not acquired for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive development, as it indicates an institutional investor's confidence in Vision Marine Technologies Inc. without suggesting any immediate strategic changes or financial distress.

Positives

• An institutional investor, Lincoln Alternative Strategies LLC, has taken a 4.32% stake in Vision Marine Technologies Inc., potentially signaling confidence in the company's prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance from Vision Marine Technologies Inc. or Lincoln Alternative Strategies LLC regarding future performance or operations.

Management Comments

• Stephen Temes, Managing Member of Lincoln Alternative Strategies LLC, certified that 'the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.'

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for passive investors holding less than 5% of a company's stock, or certain institutional investors. This filing indicates Lincoln Alternative Strategies LLC's position in Vision Marine Technologies Inc., a company operating in the marine technology sector, without suggesting any broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: May view the institutional investment as a positive signal of confidence in the company's prospects, although the stake is passive and below the 5% threshold for more active reporting.

Key Dates

Recommendation

This Schedule 13G filing indicates a passive beneficial ownership stake by Lincoln Alternative Strategies LLC, suggesting institutional confidence in Vision Marine Technologies Inc. However, it does not provide financial performance data or strategic updates to warrant a stronger buy or sell recommendation. Investors should consider this as a data point within a broader analysis of the company's fundamentals and market position.

Keywords

Vision Marine Technologies, Lincoln Alternative Strategies, Schedule 13G, beneficial ownership, common stock, passive investment, institutional investor