Welcome to our dedicated page for Twin Vee Powercats Co news (Ticker: VEEE), a resource for investors and traders seeking the latest updates and insights on Twin Vee Powercats Co stock.
Twin Vee PowerCats Co. (Nasdaq: VEEE) generates news across boat manufacturing, marine technology, and capital markets activity. The company describes itself as a manufacturer, distributor, and marketer of power sport boats, building Twin Vee catamaran sport boats and Bahama Boats offshore fishing vessels from its base in Fort Pierce, Florida. News about VEEE often highlights developments in its product lineup, dealer network, and strategic initiatives.
Recent company press releases furnished to the SEC have covered topics such as sales trends, cost management, and operational updates. Twin Vee has reported multiple quarters of year-over-year net sales growth and discussed a turnaround and cost-reduction plan, dealer coverage expansion, and integration of the Bahama Boat Works acquisition. Investors following VEEE news can also see announcements about asset sales, such as the sale of a North Carolina property with a combination of cash proceeds and a seller-financed note.
Twin Vee PowerCats Co. also issues news related to its digital and technology strategy. The company has announced the development of the Wizz Banger Valuator, an AI-based boat valuation platform, and described outreach to banks, insurance carriers, marine lenders, and other industry participants. Additional updates have focused on the marine technology division Wizz Banger, Inc. and its work on AI-driven changes to the BoatsForSale.com platform.
Governance and corporate events appear in Twin Vee’s news flow as well. The company has reported on the election of new board members, changes in its chief financial officer role, and stockholder meeting results, including approval of a reincorporation from Delaware to Nevada. For those tracking VEEE, the news stream offers details on product promotions, dealer additions in key boating regions, strategic committees for autonomous marine technologies, and regulatory filings referenced in company announcements.
Stock Titan’s VEEE news page aggregates these updates so readers can review press releases, SEC-related disclosures, and other coverage in one place. Returning visitors can use this feed to monitor how Twin Vee PowerCats Co. communicates its progress in boat manufacturing, brand development, digital tools, and governance matters over time.
Twin Vee PowerCats (Nasdaq:VEEE) named Nautical Ventures Group as its exclusive authorized dealer in Broward County, Florida, effective March 31, 2026. The agreement covers two Broward locations, initial inventory deliveries in the coming weeks, and collaboration on two custom adventure boat models aimed at South Florida demand.
The tie-up leverages Nautical Ventures' Top 100 dealer ranking and targets near-term retail activity in a high-volume Florida boating market.
Vision Marine Technologies (NASDAQ: VMAR) subsidiary Nautical Ventures secured exclusive Twin Vee PowerCats (NASDAQ: VEEE) distribution rights for Broward County, Florida, with initial inventory deliveries expected within weeks.
The agreement grants territorial exclusivity, aligns Nautical Ventures' retail network with Twin Vee's manufacturing scale (12 models; >700 boats annual capacity; ~10,000 boats produced) and includes two custom "Adventure Edition" models, including a 34-foot 340 GFX-2 V Edition, with select platforms planned for integration with Vision Marine's E-Motion electric propulsion subject to final development.
Twin Vee PowerCats (Nasdaq:VEEE) completed delivery of the first Bahama vessel under its ownership on March 25, 2026, a 35-foot model delivered to longtime customer Richard Robinson.
The move preserves Bahama Boat Works' premium lineup while Twin Vee continues production of legacy models and develops new Bahama platforms, including a planned 31-foot design. The company will display Bahama 21 and 23 models at the Palm Beach International Boat Show (Booth #1049).
Twin Vee PowerCats (NASDAQ:VEEE) announced the closing of a best-efforts at-the-market offering of 6,491,900 common shares at $0.384 per share, generating approximately $2.5 million in gross proceeds. The company intends to use net proceeds primarily for working capital and general corporate purposes.
ThinkEquity acted as sole placement agent; the offering was made under a Form S-3 registration declared effective March 5, 2026, with a final prospectus filed on March 24, 2026.
Twin Vee PowerCats (NASDAQ:VEEE) priced a best-efforts at-the-market offering of 6,491,900 common shares at $0.384 per share, expected to raise approximately $2.5 million gross. The offering is expected to close on March 24, 2026, subject to customary conditions.
The company intends to use net proceeds primarily for working capital and general corporate purposes. ThinkEquity is the sole placement agent and the securities are offered under an effective Form S-3 shelf registration.
Twin Vee PowerCats (NASDAQ:VEEE) closed a best-efforts at-the-market offering of 4,473,000 shares at $0.38 per share, raising approximately $1.7 million in gross proceeds on March 17, 2026. Net proceeds are intended for working capital and general corporate purposes.
ThinkEquity acted as sole placement agent; the securities were offered under a Form S-3 shelf registration declared effective March 5, 2026, and a final prospectus supplement was filed with the SEC.
Twin Vee PowerCats (NASDAQ:VEEE) priced a best-efforts at-the-market offering of 4,473,000 common shares at $0.38 per share, generating approximately $1.7 million gross proceeds. The offering is expected to close on March 17, 2026 and net proceeds will be used primarily for working capital and general corporate purposes. ThinkEquity is sole placement agent. Securities offered under a Form S-3 shelf registration declared effective March 5, 2026.
Twin Vee PowerCats (NASDAQ:VEEE) announced the withdrawal of its proposed public offering of common stock on March 9, 2026. The company said there will be no sale or solicitation in any jurisdiction where unlawful prior to registration or qualification. The release reiterates forward-looking statement cautions and corporate contact information.
Twin Vee PowerCats (NASDAQ:VEEE) announced on March 9, 2026 that it intends to pursue a best-efforts public offering of common stock, subject to market conditions. The company said net proceeds will be used primarily for working capital and general corporate purposes. ThinkEquity is sole placement agent. The offering will be made under a shelf registration statement (Form S-3, File No. 333-293911) declared effective March 5, 2026; a preliminary prospectus supplement will be filed with the SEC. No assurance was given on size, timing, or completion of the offering.
Twin Vee PowerCats (NASDAQ:VEEE) announced the development of its Adventure Series, a new American-built lineup of offshore adventure day boats focused on lifestyle use. Initial platforms include 24-, 28- and 40-foot models, with both center and dual console 28-foot options planned.
The series leverages Twin Vee's catamaran hull and kinetic fluid induction tunnel for improved offshore ride quality, greater usable deck space, and stability, and will feature lifestyle amenities such as grills, icemakers, outdoor galleys, Starlink connectivity, and large Garmin displays. Further design renderings and updates are expected in coming months.