Vision Marine Technologies Inc. Secures Court Approval for Shareholder Claim Settlement

Vision Marine Technologies Inc. (NASDAQ: VMAR), a leader in innovative marine technology, has achieved a pivotal milestone with the New York State County Supreme Court, Commercial Division, approving the settlement of a legal claim involving certain shareholders. This decision, dated August 13, 2025, follows the company's initial disclosure of the claim on May 16, 2025. The settlement underscores the company's commitment to resolving legal matters in a manner that prioritizes the interests of its shareholders and the broader stakeholder community.

The approval of this settlement is a testament to Vision Marine Technologies' dedication to transparency and corporate governance. As a company that specializes in electric powertrain systems and boats, Vision Marine has established itself as a pioneer in the marine industry. Its vertically integrated model, encompassing technology, retail, and service, positions it uniquely to deliver scalable, market-ready solutions. The resolution of this legal claim allows the company to focus on its core mission of enhancing the on-water experience for consumers and commercial operators alike.

Investors and industry observers can view the full details of the press release by visiting https://ibn.fm/bNyaW. For ongoing updates and news related to Vision Marine Technologies, the company's newsroom at https://ibn.fm/VMAR serves as a valuable resource.

This development is significant not only for Vision Marine Technologies but also for the marine industry at large. It highlights the importance of addressing shareholder concerns promptly and effectively, ensuring the stability and growth of innovative companies in the sector. The settlement's approval may also serve as a positive signal to investors, reinforcing confidence in Vision Marine's management and its forward-looking strategies.