Twin Vee PowerCats Launches New Year Savings Event as Fed Rate Moves Improve Buying Climate
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.
Sentiment and the balance of points
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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.
Details
News Market Reaction – VEEE
On Jan 12, the day this news came out, VEEE closed 15.29% below the previous close.
Data tracked by StockTitan Argus for the Jan 12 session.
Key Figures
- Max rebate
- $25,000
- Top cash rebate in New Year Savings Event
- 400 GFX2 rebate
- $25,000
- Rebate during New Year Savings Event
- 340 GFX rebate
- $15,000
- Rebate during New Year Savings Event
- 280 GFX2 rebate
- $10,000
- Rebate during New Year Savings Event
- 260 GFX2 / 260 STX rebate
- $6,000
- Rebate during New Year Savings Event
- 240 GFX2 / 240 STX rebate
- $3,000
- Rebate during New Year Savings Event
- Event start date
- January 12, 2026
- Promotion start for New Year Savings Event
- Event end date
- February 13, 2026
- Promotion end for New Year Savings Event
Historical Context
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Formed steering committee to explore autonomous marine technologies.
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Reported three consecutive quarters of year-over-year sales growth.
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Outlined market growth, Q3 2025 net sales increase, and dealer expansion.
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Elected two new directors with capital markets and technology experience.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. 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
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