Every 8-K that Twin Vee PowerCats Co. (VEEE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow VEEE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VEEE filings page.
Twin Vee PowerCats Co. (VEEE) amended its merger agreement with USFM Corporation. Under the agreement, Twin Vee shares other than shares canceled under its terms and dissenting shares would receive pro rata rights to Pubco shares representing 7% of Pubco’s issued and outstanding shares immediately after the second merger, calculated on a fully diluted basis. Pubco would own Twin Vee and USFM as wholly owned subsidiaries; the announcement sets ownership at 93% for pre-closing USFM holders and 7% for pre-closing Twin Vee holders, revising the initial 90%/10% split.
Before closing, Twin Vee would transfer assets and liabilities, excluding $700,000 in cash and Delaware Matter liabilities that it must retain, to Assetco and then a trust, with CVR interests distributed to existing stockholders. The agreement says the trust will seek to sell the assets and liabilities; the announcement says it will operate the marine business, with CVR distributions expected from operations or a sale. USFM must use reasonable best efforts to seek to close a PIPE investment of up to $5 million. Closing requires stockholder approvals and other conditions; the parties currently expect it in the fourth quarter of 2026 or the first quarter of 2027, subject to those conditions.
Twin Vee PowerCats Co. (VEEE) reported results of a September 8, 2026 special stockholder meeting and related corporate actions. Stockholders ratified a previously implemented 1-for-37 reverse stock split of the common stock under Delaware law via a Certificate of Validation, deemed effective as of May 4, 2026 at 12:01 a.m. Eastern Time.
Stockholders also approved changing the company name from Twin Vee PowerCats Co. to Twin Vee Bahama Co. and approved an adjournment proposal, if needed, to solicit additional proxies. The company corrected an earlier proxy misstatement about the exact number of shares outstanding and entitled to vote as of the August 10, 2026 record date.
Twin Vee PowerCats Co. (VEEE) reported a change to executive compensation. Effective August 21, 2026, the Compensation Committee of the Board set the base salary of Chief Executive Officer and President Joseph Visconti at $250,000.
Visconti is also eligible for a $150,000 bonus tied to the successful completion and closing of the Agreement and Plan of Merger with USFM Corporation dated July 12, 2026. If that merger successfully closes, the company will pay the bonus within ten days of closing.
Twin Vee PowerCats Co. reports that an attempted reincorporation from Delaware to Nevada on April 10, 2026 was ineffective because it was not approved by a sufficient number of outstanding common shares. On August 4, 2026, the company filed corrective certificates in Delaware and Nevada, confirming that it remains a Delaware corporation under its previously filed Delaware certificate of incorporation and bylaws.
On the same date, the board approved a bylaw amendment reducing the quorum requirement for stockholder meetings from a majority to at least 1/3 of the shares entitled to vote. The company also filed a preliminary proxy statement seeking stockholder approval and ratification under Section 204 of the Delaware General Corporation Law of a previously announced 1-for-37 reverse stock split that had been effected after the defective reincorporation.
Twin Vee PowerCats Co. agreed to merge with USFM Corporation, under which a USFM subsidiary will merge into Twin Vee and Twin Vee will become a wholly owned subsidiary of USFM. Each outstanding Twin Vee common share (other than excluded and dissenting shares) will convert into a pro rata portion of USFM common stock that in total represents 10% of USFM’s fully diluted shares immediately after closing.
Before closing, Twin Vee will transfer all assets and liabilities of its recreational marine business into a wholly owned subsidiary and then into a Delaware trust, distributing non‑transferable contingent value rights (CVRs) in that trust to existing stockholders. The trust will operate the marine business privately, and any net proceeds from operations or asset sales will accrue to current Twin Vee stockholders via the CVRs.
The merger is subject to stockholder approvals at both companies, effectiveness of a Form S‑4 registration statement, listing approval for the USFM shares issued to Twin Vee holders, completion of the CVR restructuring, absence of continuing material adverse effects, and delivery of a fairness opinion. Termination fees include $500,000 payable by USFM in certain failure‑to‑close scenarios and $1,500,000 payable by Twin Vee if it terminates for a Superior Proposal or certain intervening events. A support agreement commits key stockholders to vote for the deal. Separately, Twin Vee appointed Michael P. Dickerson as Interim CFO, amending his consulting agreement to add 3,970 fully vested RSUs and cash payments tied to signing and closing of the merger.
Twin Vee PowerCats Co. reported a change in its CEO’s contract structure. On May 17, 2026, the company delivered a notice that it will not renew the Employment Agreement with Joseph Visconti that became effective on July 23, 2021. The agreement’s Initial Term will continue unchanged until it expires on July 23, 2026, and all existing terms remain in effect until that date.
The company stated that the non-renewal was not due to any disagreement between Mr. Visconti and the company on any matter. After July 23, 2026, Mr. Visconti will continue serving as Chief Executive Officer, Interim Chief Financial Officer and President on an at-will basis, rather than under a fixed-term contract.
Twin Vee PowerCats Co. is implementing a 1-for-37 reverse stock split of its common stock to take effect at 12:01 a.m. Eastern Time on May 4, 2026. After that time, every 37 existing shares will automatically be combined into one share, with no change to par value.
The company expects its shares to begin trading on a split-adjusted basis on the Nasdaq Capital Market on May 4, 2026 under the same ticker, “VEEE.” The reverse split is intended to help the company regain compliance with Nasdaq’s minimum bid price requirement and will proportionately adjust outstanding equity awards and warrants. Fractional shares will be rounded up to the nearest whole share.
Twin Vee PowerCats Co. reported a change in executive compensation. On April 21, 2026, the Board’s Compensation Committee approved increasing the base salary of Vice President Preston Yarborough to $250,000 per year. On April 22, 2026, the Company signed an amendment to his July 23, 2021 employment agreement to reflect this higher salary and replace a prior June 27, 2024 amendment. The amendment is filed as an exhibit to this report.
Twin Vee PowerCats Co. has completed its reincorporation from Delaware to Nevada through a plan of conversion, with the move effective April 10, 2026. The company filed conversion documents in both states and adopted new Nevada articles of incorporation and bylaws.
The reincorporation does not change Twin Vee’s business, locations, management, assets, liabilities, employees, or day-to-day operations. However, certain stockholder rights have changed under Nevada law as described in the prior proxy statement. Management highlights expected franchise tax savings, reduced litigation risk, and greater corporate flexibility under Nevada Revised Statutes Chapter 78.
Twin Vee PowerCats Co. received a Nasdaq notice that its common stock no longer meets the $1.00 minimum bid price required for continued listing on the Nasdaq Capital Market, based on closing bids from February 18 to March 31, 2026.
Because the company completed a 1-for-10 reverse stock split on April 7, 2025, Nasdaq rules do not allow the usual 180-day compliance period. Twin Vee’s securities will be subject to delisting unless it requests a hearing before a Nasdaq Hearings Panel by April 9, 2026, which the company intends to do.
A timely hearing request will automatically stay any suspension or delisting action, so the common stock will continue trading on Nasdaq during the appeal. The company plans to monitor its share price and is considering options to regain compliance, including potentially effecting another reverse stock split.
Twin Vee PowerCats Co. entered into a placement agency agreement with ThinkEquity for a best-efforts public offering of 6,491,900 shares of common stock at $0.384 per share. The transaction generated gross proceeds of approximately $2.5 million, which the company plans to use primarily for working capital and general corporate purposes.
ThinkEquity received a 7% cash fee on aggregate gross proceeds, a 1% non-accountable expense allowance, and $115,000 in reimbursed expenses, plus warrants to purchase 324,595 shares exercisable for five years. The offering was conducted under an effective Form S-3 shelf registration, and the company and its leadership agreed to three- and six-month lock-up periods, respectively.
Twin Vee PowerCats Co. completed a best-efforts public offering of 4,473,000 shares of common stock at $0.38 per share, raising gross proceeds of approximately $1.7 million. The shares were sold under an effective shelf registration statement on Form S-3.
The company engaged ThinkEquity as sole placement agent, paying an aggregate cash fee of 7% of gross proceeds, a 1% non-accountable expense allowance, and reimbursing $115,000 of expenses. As additional compensation, ThinkEquity and its designees received warrants to purchase 223,650 shares, exercisable for five years.
Twin Vee plans to use the net proceeds primarily for working capital and general corporate purposes. The company and its executive officers and directors agreed to lock-up restrictions on most equity transactions for three months for the company and six months for executives and directors starting from March 17, 2026, subject to customary exceptions.
Twin Vee PowerCats Co. entered into a new related-party lease for its 7.5-acre office and production facility in Fort Pierce, Florida. The lease with Visconti Holdings, LLC, an entity owned and controlled by CEO and President Joseph Visconti, covers roughly 100,000 square feet, including a nearly complete 30,000 square foot expansion.
The Lease Agreement runs for 5 years from January 1, 2026 through December 31, 2030, with options to renew for two additional 5-year terms. Initial base rent is $48,208.33 per month plus a 7% sales and use tax, with customary annual rent escalations, and the company will pay real property taxes.
The Audit Committee, which is responsible for reviewing related party transactions, reviewed and approved the arrangement. This agreement replaces a prior lease that began on January 1, 2021 and had converted to month-to-month while the new terms were negotiated.
Twin Vee PowerCats Co. amended a prior report to correct the effectiveness date of its Form S-1 registration statement to February 13, 2026, and detailed a completed equity financing. The company sold 6,383,000 common shares at $0.47 per share in a best-efforts public offering, generating approximately $3.0 million in gross proceeds.
ThinkEquity acted as sole placement agent and received a 7% cash fee, a 1% non-accountable expense allowance, $50,000 of expense reimbursement, and warrants to purchase 319,150 shares of common stock exercisable for five years. Twin Vee plans to use the net proceeds primarily for working capital and general corporate purposes, and its executives and directors agreed to three-month lock-up restrictions starting February 23, 2026.
Twin Vee PowerCats Co. entered into a placement agency agreement with ThinkEquity for a best-efforts public offering of 6,383,000 shares of common stock at $0.47 per share. The offering generated approximately $3.0 million in gross proceeds, which the company plans to use primarily for working capital and general corporate purposes.
The company paid the placement agent a 7% cash fee on aggregate gross proceeds, a 1% non-accountable expense allowance, and $50,000 for expense reimbursement. As additional compensation, the company issued placement agent warrants to purchase 319,150 shares of common stock, exercisable for five years.
The shares and placement agent warrants were issued under an effective Form S-1 registration statement and related prospectus. The company and its executive officers and directors agreed to three-month lock-up arrangements from February 23, 2026, restricting certain sales and hedging transactions in the company’s common stock.
Twin Vee PowerCats Co. is sharing new information with investors through a series of presentations, including a strategic corporate update event on January 21, 2026. In support of these meetings, the company prepared an investor presentation, furnished as Exhibit 99.1, which includes forward-looking statements under standard “safe harbor” protections.
The company also announced that its wholly owned premium monohull brand, Bahama Boat Works, has entered into a partnership with Mercury Marine, a division of Brunswick Corporation. This partnership was disclosed in a press release dated January 21, 2026, attached as Exhibit 99.2 and incorporated by reference.
Twin Vee PowerCats Co. reported a leadership change in its finance role. On January 9, 2026, the Board appointed Joseph Visconti as Interim Chief Financial Officer, effective immediately, following the termination of Interim CFO Scott Searles, who had served since September 2025. Visconti now holds multiple top positions, serving as Chief Executive Officer, Interim Chief Financial Officer, President, Chairman of the Board, and acting as the company’s principal executive, financial, and accounting officer.
The company also highlighted an existing related-party lease. Under a lease agreement with Visconti Holdings, LLC, an entity owned and controlled by Visconti, the lease term was converted on December 30, 2025 to a month-to-month tenancy while the parties negotiate a new agreement. During this period, the company pays Visconti Holdings, LLC $36,456 per month plus applicable sales and use tax of 6.5% in St. Lucie County.
Twin Vee PowerCats Co. filed a current report describing a new press release under Regulation FD. The company announced that it achieved three consecutive quarters of year-over-year sales growth during the second, third, and fourth quarters of fiscal 2025, which it says reflects sustained momentum in its core business.
The sales details are contained in a press release dated December 18, 2025, furnished as Exhibit 99.1. The company notes that this information is being furnished, not filed, and that the press release includes forward-looking statements subject to the Private Securities Litigation Reform Act safe harbor.
Twin Vee PowerCats Co. reported the results of its 2025 annual stockholder meeting, where a quorum of 1,189,517 shares of common stock was present out of 2,237,299 shares outstanding as of October 15, 2025.
Stockholders elected Carol Craig and Larry Swets, Jr. as Class I directors to serve until the 2028 annual meeting, ratified Grassi & Co. CPAs, P.C. as independent auditor for the year ending December 31, 2025, approved the reincorporation of Twin Vee from Delaware to Nevada by conversion, and approved a proposal to allow adjournments to solicit additional proxies in favor of the Nevada reincorporation if needed. The company later issued a press release announcing the director elections.
Twin Vee PowerCats Co. (VEEE), through its subsidiary Forza X1, closed the sale of its Marion, North Carolina property for $4.25 million. The consideration included $500,000 at closing and a $3,750,000 secured promissory note bearing 5% interest, payable in installments of $500,000 plus interest on October 31, 2026, $500,000 plus interest on April 30, 2027, and $2,750,000 plus interest on October 31, 2027. The note is secured by a deed of trust on the property.
After seller-paid closing costs of $44,500 and county taxes of $7,765.96, Forza received net cash of $447,684.04 at closing. Pro forma adjustments as of September 30, 2025 include removal of $3,956,623 of assets held for sale, recognition of the $3,750,000 note receivable and $447,684 cash, and an unaudited gain on sale of $241,061. No pro forma statement of operations was provided because the disposition is not expected to have a material continuing impact.
Twin Vee PowerCats Co. filed an 8-K under Regulation FD stating it will make several investor presentations over the following weeks. In connection with these meetings, the company furnished an investor presentation as Exhibit 99.1, dated October 22, 2025.
The materials are furnished, not filed, so they are not subject to Section 18 of the Exchange Act and are not incorporated by reference into other SEC filings. The presentation also includes safe harbor language for forward-looking statements.
Twin Vee PowerCats, Inc. (VEEE) filed a Form 8-K disclosing the execution of an Employment Agreement dated September 17, 2025 between the company and Scott Searles. The filing is presented as an itemized 8-K cover page with the employment agreement listed as Exhibit 10.1. No financial terms, duties, compensation, or effective dates beyond the agreement date are included in the provided text.
Twin Vee PowerCats Co. filed a current report describing a communications update rather than a financial event. The company announced, via a furnished press release, that its marine technology division, Wizz Banger, Inc., has driven sustained growth at BoatsForSale.com through an AI-driven transformation of the platform. The filing is made under Regulation FD, which focuses on fair public disclosure of information.
The press release is furnished as an exhibit, meaning it is not treated as filed for certain securities law liability purposes. The company also notes that the release contains forward-looking statements covered by “safe harbor” protections under the Private Securities Litigation Reform Act.
Twin Vee PowerCats Co. furnished a Form 8-K stating it issued a press release announcing results for the quarter ended June 30, 2025. The press release is attached as Exhibit 99.1 and the company specifies the release is being furnished, not filed, so it is not subject to Section 18 liabilities and will not be incorporated by reference into other SEC filings. The filing lists Nasdaq ticker VEEE, identifies the company as an emerging growth company, and is signed by CEO Joseph Visconti.
Twin Vee PowerCats Co. (Nasdaq: VEEE) has filed a Form 8-K disclosing the resignation of Chief Financial Officer Mike Dickerson. The company states that Mr. Dickerson notified the board on 17 June 2025 of his intention to step down, with the resignation to become effective 14 September 2025. The filing explicitly affirms that Mr. Dickerson reported no disagreements with the company regarding its operations, policies, or practices. No successor or interim CFO has yet been named, and there are no accompanying changes to compensation or other executive arrangements disclosed in this report.
The event qualifies under Item 5.02 of the Exchange Act and represents a notable change in the company’s senior leadership. While the orderly three-month notice period allows time for recruitment and transition, investors typically view unexpected C-suite departures—particularly in the finance function—as a potential risk factor given the critical role in financial reporting, capital allocation, and investor relations.