<SEC-DOCUMENT>0001104659-23-010477.txt : 20230203
<SEC-HEADER>0001104659-23-010477.hdr.sgml : 20230203
<ACCEPTANCE-DATETIME>20230203160537
ACCESSION NUMBER:		0001104659-23-010477
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		<ITEMS>06b
FILED AS OF DATE:		20230203
DATE AS OF CHANGE:		20230203
EFFECTIVENESS DATE:		20230203

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Vision Marine Technologies Inc.
		CENTRAL INDEX KEY:			0001813783
		STANDARD INDUSTRIAL CLASSIFICATION:	SHIP & BOAT BUILDING & REPAIRING [3730]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A8

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-472607
		FILM NUMBER:		23585757

	BUSINESS ADDRESS:	
		STREET 1:		730 BOULEVARD DU CURE-BOIVIN
		CITY:			BOISBRAIND
		STATE:			Z4
		ZIP:			J7G 2A7
		BUSINESS PHONE:		3476150188

	MAIL ADDRESS:	
		STREET 1:		730 BOULEVARD DU CURE-BOIVIN
		CITY:			BOISBRAIND
		STATE:			Z4
		ZIP:			J7G 2A7
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001813783</cik>
        <entityName>Vision Marine Technologies Inc.</entityName>
        <issuerAddress>
            <street1>730 BOULEVARD DU CURE-BOIVIN</street1>
            <city>BOISBRAIND</city>
            <stateOrCountry>Z4</stateOrCountry>
            <stateOrCountryDescription>CANADA (FEDERAL LEVEL)</stateOrCountryDescription>
            <zipCode>J7G 2A7</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>4509517009</issuerPhoneNumber>
        <jurisdictionOfInc>QUEBEC, CANADA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Riopel Marine Inc.</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Alexandre</firstName>
                <lastName>Mongeon</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>730 BOULEVARD DU CURE-BOIVIN</street1>
                <city>BOISBRAIND</city>
                <stateOrCountry>Z4</stateOrCountry>
                <stateOrCountryDescription>CANADA (FEDERAL LEVEL)</stateOrCountryDescription>
                <zipCode>J7G 2A7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kulwant</firstName>
                <lastName>Sandher</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>730 BOULEVARD DU CURE-BOIVIN</street1>
                <city>BOISBRAIND</city>
                <stateOrCountry>Z4</stateOrCountry>
                <stateOrCountryDescription>CANADA (FEDERAL LEVEL)</stateOrCountryDescription>
                <zipCode>J7G 2A7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Alan</firstName>
                <middleName>D.</middleName>
                <lastName>Gaines</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>730 BOULEVARD DU CURE-BOIVIN</street1>
                <city>BOISBRAIND</city>
                <stateOrCountry>Z4</stateOrCountry>
                <stateOrCountryDescription>CANADA (FEDERAL LEVEL)</stateOrCountryDescription>
                <zipCode>J7G 2A7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Steve</firstName>
                <middleName>P.</middleName>
                <lastName>Barrenechea</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>730 BOULEVARD DU CURE-BOIVIN</street1>
                <city>BOISBRAIND</city>
                <stateOrCountry>Z4</stateOrCountry>
                <stateOrCountryDescription>CANADA (FEDERAL LEVEL)</stateOrCountryDescription>
                <zipCode>J7G 2A7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Patrick</firstName>
                <lastName>Bobby</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>730 BOULEVARD DU CURE-BOIVIN</street1>
                <city>BOISBRAIND</city>
                <stateOrCountry>Z4</stateOrCountry>
                <stateOrCountryDescription>CANADA (FEDERAL LEVEL)</stateOrCountryDescription>
                <zipCode>J7G 2A7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Luisa</firstName>
                <lastName>Ingargiola</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>730 BOULEVARD DU CURE-BOIVIN</street1>
                <city>BOISBRAIND</city>
                <stateOrCountry>Z4</stateOrCountry>
                <stateOrCountryDescription>CANADA (FEDERAL LEVEL)</stateOrCountryDescription>
                <zipCode>J7G 2A7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Xavier</firstName>
                <lastName>Montagne</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>730 BOULEVARD DU CURE-BOIVIN</street1>
                <city>BOISBRAIND</city>
                <stateOrCountry>Z4</stateOrCountry>
                <stateOrCountryDescription>CANADA (FEDERAL LEVEL)</stateOrCountryDescription>
                <zipCode>J7G 2A7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2023-01-24</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Roth Capital Partners, LLC</recipientName>
                <recipientCRDNumber>15407</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>888 SAN CLEMENTE DRIVE</street1>
                    <street2>SUITE 400</street2>
                    <city>NEWPORT BEACH</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                    <zipCode>92660</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>IL</state>
                    <description>ILLINOIS</description>
                    <state>NV</state>
                    <description>NEVADA</description>
                    <state>NY</state>
                    <description>NEW YORK</description>
                </statesOfSolicitationList>
                <foreignSolicitation>true</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2333405</totalOfferingAmount>
            <totalAmountSold>0</totalAmountSold>
            <totalRemaining>2333405</totalRemaining>
            <clarificationOfResponse>The Company issued 554,253 warrants in a private placement closed concurrently with a registered direct offering of common shares. The Company has not received proceeds from the private placement and will not unless the warrants are exercised for cash.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>4</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>The placement agent was paid a fee of $140,004.31 in connection with a concurrent registered direct offering of common shares.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Vision Marine Technologies Inc.</issuerName>
                <signatureName>/s/ Kulwant Sandher</signatureName>
                <nameOfSigner>Kulwant Sandher</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2023-02-03</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
