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 Co. (Nasdaq:VEEE) announced the election of Carol Craig and Larry Swets, Jr. to its Board of Directors, effective December 4, 2025. Marcia Kull and Neil Ross completed their terms and departed the Board effective the same date. Management highlighted the new directors' expertise in public markets, capital structuring, vertically integrated manufacturing, and scaling high-growth technology and financial organizations. Mr. Swets brings over 25 years in financial services, CFA designation, and SPAC/capital markets experience. Ms. Craig is a founder and CEO with public-company IPO experience in space and defense technology and has engineering and advanced-degree pursuits. The Board thanked the departing directors for their contributions.
Twin Vee PowerCats (Nasdaq: VEEE) on December 3, 2025 announced a digital strategy update and introduced the Wizz Banger Valuator, a proprietary AI tool to standardize boat valuations and speed marine financing.
The mobile app uses multi-layered pictorial AI on smartphone images to score vessel condition, then combines that score with national and regional listing and sales data to produce automated, third-party valuations. Twin Vee said the platform aims to reduce multi-week financing timelines and is engaging banks, insurers, lenders, and dealers for integrations and dealer activation in coming months.
Twin Vee PowerCats (Nasdaq: VEEE) highlighted a tax opportunity from the federal "Big Beautiful Bill" on November 24, 2025: any vessel used 50% or more for business qualifies for 100% first-year depreciation.
The company says its 24'–40' models suit fishing, transport, charter, survey, and client entertainment uses, and claims fast production/delivery, transparent pricing, resale strength, and dealer support to help buyers document business use and capture 2025 tax benefits before year-end.
Twin Vee recommends buyers consult a certified tax professional to confirm eligibility and proper usage requirements.
Twin Vee PowerCats Co (Nasdaq:VEEE) announced on November 12, 2025 that customer deliveries are commencing for the Bahama Boats line after Twin Vee acquired certain Bahama Boat Works assets earlier in 2025.
The company reports it has integrated the Bahama Boats brand into its Florida manufacturing platform, ramped production using advanced composite build processes, and begun a broader commercial rollout to the global sportfishing and high-performance boating market. Initial customer response is described as strong.
The Bahama lineup includes the Bahama 35 center console, retaining no-wood construction, a deep-water hull, and yacht-grade finishing. Twin Vee plans to scale output and expand dealer availability through 2026 while exploring additional domestic and international growth opportunities.
Twin Vee PowerCats (NASDAQ:VEEE) reported third quarter 2025 results on November 6, 2025, with Q3 net sales up 18% to $3.43M and a narrowed gross loss of $45K (Q3 2024: $146K). Operating expenses fell 8% to $2.73M, and Q3 net loss improved 8% to $2.76M or $(1.23) per share. Cash and equivalents were $2.92M at September 30, 2025.
Subsequent event: sale of Marion, NC property closed Oct 31, 2025, delivering $500K upfront and $3.75M in future payments, including a $2.75M balloon due Oct 31, 2027. Company cited Bahama Boat Works integration and dealer expansion as strategic priorities.
Twin Vee PowerCats Co. (Nasdaq:VEEE) announced the closing of the sale of its Marion, North Carolina commercial property on October 31, 2025, for a total consideration of $4,250,000. The 11.88-acre site at 100 Impact Drive includes a partially completed ~60,000 sq ft building and was previously intended for a Forza X1 manufacturing facility.
Sale terms: $500,000 cash at closing, plus $3,750,000 in installment payments with 5% accrued interest: $500,000 due 10/31/2026, $500,000 due 4/30/2027, and $2,750,000 due 10/31/2027. The company reported no debt or liens on the property and said the transaction will positively affect its balance sheet and capital allocation.
Twin Vee PowerCats Co (NASDAQ:VEEE) will host its Q3 2025 earnings conference call and live webcast on Thursday, November 6, 2025 at 12:00 p.m. ET to discuss results for the quarter ended September 30, 2025 and updates on operations and strategy.
Financial results will be released in a press release prior to the call. Management participants include Joseph Visconti, President & CEO, and Scott Searles, CFO. Dial-in, webcast access, and a recording (available for at least 90 days) are provided for investors.
Twin Vee PowerCats (Nasdaq:VEEE) will present at the ThinkEquity Conference in New York on October 30, 2025. CEO and President Joseph Visconti is scheduled to present at 10:00 a.m. ET in Lotus Suite West and will be available for one-on-one meetings with institutional analysts and investors throughout the day.
The ThinkEquity event is expected to feature 75+ company presentations, 750+ attendees, and 600+ one-on-one meetings, offering a platform for investor engagement. Interested investors can register to attend the conference.
Twin Vee PowerCats (Nasdaq:VEEE) announced its relaunched 22 BayCat—launched in May 2025—was named one of Boat Trader's Best Catamarans for 2025. The review praised the model's dual-purpose design for shallow-water fishing and offshore use, and highlighted upgraded vacuum-infusion hull construction for a lighter, stronger structure that improves fuel economy and ride quality. Key specs noted include a 65-gallon fuel tank and support for up to 200 maximum horsepower. Angler-focused features listed include twin 25-gallon livewells, a tackle station, powder-coated T-top, and four rocket launchers; options cited include bow cushions, back rests, Magma grill, and a console head. The company emphasized accessible pricing and invited sea trials via authorized dealers.
Twin Vee PowerCats (NASDAQ:VEEE) announced significant growth at its BoatsForSale.com platform, driven by AI innovations from its Wizz Banger division. Since the February 2025 acquisition, the platform has achieved a 67% increase in organic clicks and a 158% surge in search impressions, exceeding 2 million monthly views.
The transformation includes three key AI innovations: an intuitive natural language search engine, the WizzBanger Value App for AI-powered boat valuations, and AI listing automation for enhanced visibility. The platform also features a new Dealer Insights & Intelligence Management dashboard, positioning BoatsForSale.com among the top five national rankings for 'boats for sale' searches.