Twin Vee PowerCats Launches New Year Savings Event as Fed Rate Moves Improve Buying Climate
Rhea-AI Summary
Twin Vee PowerCats (Nasdaq: VEEE) launched a New Year Savings Event running January 12–February 13, 2026 offering tiered cash rebates for purchases of new boats to encourage sales and reduce field inventory. Rebates range by model from $3,000 to $25,000: 400 GFX2 $25,000; 340 GFX $15,000; 280 GFX2 $10,000; 260 GFX2/260 STX $6,000; 240 GFX2/240 STX $3,000. Customers claim rebates via the Twin Vee Customer Portal and, once verified, receive payment directly. Management said the promotion also supports dealer recruitment and new model introductions planned for 2026.
Positive
- Limited-time rebates of up to $25,000
- Promotion runs Jan 12–Feb 13, 2026
- Tiered rebates cover five specific models
- Rebates paid directly after customer portal verification
Negative
- None.
News Market Reaction
On the day this news was published, VEEE declined 15.29%, reflecting a significant negative market reaction. This price movement removed approximately $792K from the company's valuation, bringing the market cap to $4M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
The stock dipped about 0.51% while momentum data show 2 peers, including VMAR at about -22.18%, also moving down. Sector scanner flags a broader move lower with a median peer change near -13.2%.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 08 | Dealer expansion | Positive | +1.0% | New Louisiana dealer added to expand Gulf Coast distribution network. |
| Jan 06 | AI strategy update | Positive | +13.2% | Formed steering committee to explore autonomous marine technologies. |
| Dec 18 | Sales growth update | Positive | +15.1% | Reported three consecutive quarters of year-over-year sales growth. |
| Dec 16 | Growth positioning | Positive | +0.0% | Outlined market growth, Q3 2025 net sales increase, and dealer expansion. |
| Dec 05 | Board changes | Positive | +0.8% | Elected two new directors with capital markets and technology experience. |
Recent news has generally been positive and price reactions have mostly aligned, with only one notable case of a flat response to constructive business updates.
Over the past months, the company highlighted growth and strategic initiatives, including expanding distribution via a new Louisiana dealer on Jan 8, 2026, forming an autonomous marine steering committee on Jan 6, 2026, and reporting three consecutive quarters of year-over-year sales growth on Dec 18, 2025. Earlier, it emphasized Q3 2025 net sales growth and a legacy brand acquisition on Dec 16, 2025, and added two new directors on Dec 5, 2025. The current New Year Savings Event promotion fits into this pattern of efforts to drive sales and expand market presence.
Market Pulse Summary
The stock dropped -15.3% in the session following this news. A negative reaction despite this promotional announcement fits a backdrop where the stock trades well below its 200-day moving average and near its 52-week lows. While rebates up to $25,000 may support demand, recent regulatory filings referenced leadership consolidation and going-concern language, which could weigh more heavily than short-term incentives. Past news often saw aligned positive moves, so sustained weakness might reflect broader sector pressure or balance sheet concerns.
AI-generated analysis. Not financial advice.
FORT PIERCE, FL / ACCESS Newswire / January 12, 2026 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced the launch of its New Year Savings Event, a limited-time incentive program running from January 12 through February 13, 2026.
"With consumer demand picking up and field inventory at reduced levels, Twin Vee is launching the New Year Savings Event to help drive demand and support new boat sales across the Twin Vee lineup," remarked Joseph Visconti, CEO and President of Twin Vee PowerCats Co. "And while we work to further reduce field inventory with this promotion, our goals in 2026 remain focused on the recruitment of new dealer partners in key untapped markets and bringing new models to the marketplace."
During the event, customers who purchase any new Twin Vee boat will be eligible to receive cash rebates of up to
400 GFX2:
$25,000 Rebate340 GFX:
$15,000 Rebate280 GFX2:
$10,000 Rebate260 GFX2 / 260 STX:
$6,000 Rebate240 GFX2 / 240 STX:
$3,000 Rebate
After purchasing their new Twin Vee boat, customers simply complete their registration and rebate submission through the Twin Vee Customer Portal. Once verified, the rebate is paid directly to the customer.
Interested buyers can explore the full program details and rebate tiers at https://twinvee.com/new-year-savings-event/.
About Twin Vee PowerCats Co.
Twin Vee PowerCats Co. manufactures a range of boats under the Twin Vee and Bahama Boats brands, designed for activities including fishing, cruising, and recreational use. Twin Vee PowerCats are recognized for their stable, fuel-efficient, and smooth-riding catamaran hull designs. Twin Vee is one of the most recognizable brand names in the catamaran sport boat category and is known as the "Best Riding Boats on the Water™." Bahama Boats is an iconic luxury brand long celebrated for its unmatched craftsmanship, timeless aesthetic, and dedication to producing some of the finest offshore fishing vessels.
The Company is located in Fort Pierce, Florida, and has been building and selling boats for 30 years.
Learn more at twinvee.com and bahamaboatworks.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements and include statements regarding anticipated trends in consumer demand and field inventory, maintaining and growing Twin Vee's customer base and dealer network, and developing and bringing new boat models to the marketplace.
These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, continued customer demand, the Company's ability to continue to expand its customer base, dealer network, and develop and bring new boat models to the marketplace, and the risk factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, the Company's Quarterly Reports on Form 10-Q, the Company's Current Reports on Form 8-K and subsequent filings with the SEC. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.
Contact:
Glenn Sonoda
investor@twinvee.com
SOURCE: Twin Vee PowerCats Co.
View the original press release on ACCESS Newswire
FAQ
What rebate amounts is Twin Vee offering in the New Year Savings Event (VEEE)?
When does the Twin Vee (VEEE) New Year Savings Event run?
Which Twin Vee models qualify for the rebate tiers in the VEEE promotion?
How do buyers claim rebates from Twin Vee (VEEE)?
Does Twin Vee (VEEE) say why it launched the New Year Savings Event?
Where can investors find full details of Twin Vee's (VEEE) rebate program?
