Vision Marine Technologies Announces Key Resolutions from Annual Shareholder Meeting

Vision Marine Technologies ( (VMAR) ) has provided an announcement.

On May 23, 2025, Vision Marine Technologies Inc. held its Annual General Meeting of Shareholders, where several key resolutions were passed. The shareholders approved fixing the number of directors at six, elected directors to the board, ratified the appointment of M&K CPAs as the independent auditors, and amended the company’s by-laws to reduce the quorum for shareholder meetings. Additionally, the stock option plan was amended to ensure the maximum number of common shares issuable does not exceed 10% of the outstanding shares. These decisions are likely to impact the company’s governance and operational strategies moving forward.

The most recent analyst rating on (VMAR) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Vision Marine Technologies stock, see the VMAR Stock Forecast page.

Spark’s Take on VMAR Stock

According to Spark, TipRanks’ AI Analyst, VMAR is a Neutral.

Vision Marine Technologies has a low overall stock score due to significant financial struggles, including declining revenues and persistent losses. Technical indicators are mixed, suggesting cautious market momentum. Valuation concerns also weigh heavily, as reflected in the negative P/E ratio. The absence of earnings call or significant corporate events data provides no additional insights to offset these challenges.

To see Spark’s full report on VMAR stock, click here.

More about Vision Marine Technologies

Vision Marine Technologies Inc. is a company operating in the marine technology industry, focusing on the development and manufacturing of electric outboard powertrain systems and related technologies.

Average Trading Volume: 91,179

Technical Sentiment Signal: Sell

Current Market Cap: $8.72M

Learn more about VMAR stock on TipRanks’ Stock Analysis page.