{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NASDAQ/VMAR",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Vision Marine Technologies Inc. (NASDAQ: VMAR) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nVision Marine Technologies Inc. is listed on NASDAQ under the ticker VMAR. The ISIN is not on the record. The LEI is not on the record. The security type is non-operating entity type (other). The segment is not on the record. The sector is 3730 Ship & Boat Building & Repairing. The jurisdiction is Quebec, Canada. The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 63 filings in the twelve months to 2026-11-08, across 39 filing days. Of these, 24 are directors' dealings, 6 are prospectuses, 14 are regulatory filings, and 19 are results. The median gap between filing days is 4.0 days. The latest filing is dated 2026-09-01 and is of type directors' dealings, which is 68 days before the record date. The NASDAQ median is 52 filings, a median cadence gap of 6.0 days and a median latency of 5.0 days across 4,359 issuers. The sector median is 92 filings, a median cadence gap of 4 days and a median latency of 10 days across 7 issuers. The issuer's 63 filings are below the NASDAQ median and below the sector median of 92.\n\n## Auditor\n\nThe auditor of record is not on the record, as the latest annual report cover carries no auditor name tag and foreign private issuers and older filings carry none. The auditor's location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting or name change lines. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The issuer is listed and not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nOne research house is named on the issuer's own investor-relations page: Think Equity Research.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe issuer is held in sealed years 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://data.sec.gov/submissions/CIK0001813783.json (identity.jurisdiction)\n- https://mcp.us-cm-kg.ai/events/NASDAQ/VMAR (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://investors.visionmarinetechnologies.com/analyst-coverage/ (coverage)\n- https://mcp.us-cm-kg.ai/record/NASDAQ/VMAR (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "market": "US",
    "reason": "no dei:AuditorName tag on the latest annual report cover (foreign private issuers and older filings carry none)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "US",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "US",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NASDAQ/VMAR",
  "coverage": {
   "count": 1,
   "houses": [
    {
     "house": "Think Equity Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "since": "2025-04-28",
     "source": "https://investors.visionmarinetechnologies.com/analyst-coverage/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://investors.visionmarinetechnologies.com/analyst-coverage/",
     "result": "read: 1 of 2 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": "stated per house where the page states it",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 4359,
     "median_cadence_gap_days": 6,
     "median_filings": 52,
     "median_latency_days": 5,
     "name": "NASDAQ"
    },
    "sector": {
     "issuers": 7,
     "median_cadence_gap_days": 4,
     "median_filings": 92,
     "median_latency_days": 10,
     "name": "3730 Ship & Boat Building & Repairing"
    }
   },
   "by_type": {
    "directors_dealings": 24,
    "prospectus": 6,
    "regulatory_filing": 14,
    "results": 19
   },
   "cadence_median_gap_days": 4,
   "filing_days": 39,
   "filings": 63,
   "latency_days": 68,
   "latest": [
    {
     "category": "3",
     "date": "2026-09-01",
     "source": "https://www.sec.gov/Archives/edgar/data/1813783/000110465926104310/xslF345X06/tm2624561-6_3seq1.xml",
     "title": "3 — OWNERSHIP DOCUMENT",
     "type": "directors_dealings"
    },
    {
     "category": "3",
     "date": "2026-09-01",
     "source": "https://www.sec.gov/Archives/edgar/data/1813783/000110465926104254/xslF345X06/tm2624561-8_3seq1.xml",
     "title": "3 — OWNERSHIP DOCUMENT",
     "type": "directors_dealings"
    },
    {
     "category": "3",
     "date": "2026-09-01",
     "source": "https://www.sec.gov/Archives/edgar/data/1813783/000110465926104253/xslF345X06/tm2624561-7_3seq1.xml",
     "title": "3 — OWNERSHIP DOCUMENT",
     "type": "directors_dealings"
    },
    {
     "category": "3",
     "date": "2026-09-01",
     "source": "https://www.sec.gov/Archives/edgar/data/1813783/000110465926104252/xslF345X06/tm2624561-5_3seq1.xml",
     "title": "3 — OWNERSHIP DOCUMENT",
     "type": "directors_dealings"
    },
    {
     "category": "3",
     "date": "2026-09-01",
     "source": "https://www.sec.gov/Archives/edgar/data/1813783/000110465926104251/xslF345X06/tm2624561-4_3seq1.xml",
     "title": "3 — OWNERSHIP DOCUMENT",
     "type": "directors_dealings"
    }
   ],
   "latest_filing_date": "2026-09-01",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/VMAR",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NASDAQ"
   },
   "isin": {
    "market": "US",
    "reason": "no LEI, so no GLEIF ISIN route; EDGAR carries no ISIN",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001813783.json",
    "state": "sourced",
    "value": "Quebec, Canada"
   },
   "lei": {
    "market": "US",
    "reason": "no GLEIF record with the exact legal name in jurisdiction US-A8",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001813783.json",
    "state": "sourced",
    "value": "Vision Marine Technologies Inc."
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001813783.json",
    "state": "sourced",
    "value": "3730 Ship & Boat Building & Repairing"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001813783.json",
    "state": "sourced",
    "value": "Non-operating entity type (other)"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "VMAR"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:19dc153b0fe6fea22f7ec9d7a37df9df45275f7dc112a659d254eb8526be9f59",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NASDAQ/VMAR",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:19dc153b0fe6fea22f7ec9d7a37df9df45275f7dc112a659d254eb8526be9f59",
 "path": "/us/NASDAQ/VMAR",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "Vision Marine Technologies Inc. is listed on NASDAQ under the ticker VMAR. The ISIN is not on the record. The LEI is not on the record. The security type is non-operating entity type (other). The segment is not on the record. The sector is 3730 Ship & Boat Building & Repairing. The jurisdiction is Quebec, Canada. The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 63 filings in the twelve months to 2026-11-08, across 39 filing days. Of these, 24 are directors' dealings, 6 are prospectuses, 14 are regulatory filings, and 19 are results. The median gap between filing days is 4.0 days. The latest filing is dated 2026-09-01 and is of type directors' dealings, which is 68 days before the record date. The NASDAQ median is 52 filings, a median cadence gap of 6.0 days and a median latency of 5.0 days across 4,359 issuers. The sector median is 92 filings, a median cadence gap of 4 days and a median latency of 10 days across 7 issuers. The issuer's 63 filings are below the NASDAQ median and below the sector median of 92.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, as the latest annual report cover carries no auditor name tag and foreign private issuers and older filings carry none. The auditor's location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting or name change lines. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "One research house is named on the issuer's own investor-relations page: Think Equity Research.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The issuer is held in sealed years 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0001813783.json"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/VMAR"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://investors.visionmarinetechnologies.com/analyst-coverage/"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NASDAQ/VMAR"
  }
 ],
 "title": "Vision Marine Technologies Inc. (VMAR) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}