Welcome to our dedicated page for Twin Vee Powercats Co SEC filings (Ticker: VEEE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Twin Vee PowerCats Co. filings document material events for a Nasdaq-listed power sport boat manufacturer and emerging growth company. Recent 8-K disclosures cover the completed reincorporation from Delaware to Nevada, related charter and bylaw changes, shareholder rights matters, officer compensation arrangements, and material agreements connected to the company’s production facilities.
The filing record also includes capital-structure disclosures tied to common stock offerings, registration-statement and prospectus supplement activity, operating and financial results, and Nasdaq listing compliance notices. These documents describe formal governance actions, financing terms, material contracts, and public-company reporting matters for Twin Vee’s boat manufacturing and distribution business.
Twin Vee PowerCats Co. files a Pre‑Effective Amendment No. 1 to Registration Statement No. 333-293911 on March 5, 2026 to furnish an updated auditor consent (Exhibit 23.1) and to amend Item 16 exhibits, the signature page and exhibit index; the prospectus is unchanged.
Twin Vee PowerCats Co. files a pre-effective amendment to its registration statement to furnish an updated auditor consent in Exhibit 23.1; the prospectus is unchanged. This amendment updates Item 16 of Part II, the signature page, exhibit index, and the filed exhibits.
Twin Vee PowerCats Co. filed a shelf registration prospectus allowing offers of up to $100,000,000 of common stock, preferred stock, debt securities, warrants or units to be sold from time to time.
The prospectus describes the company’s business (recreational and commercial powerboats), recent transactions including a 1-for-10 reverse stock split effective April 7, 2025, a May 2025 underwritten offering of 750,000 shares at $4.00 per share and a February 2026 best-efforts offering of 6,383,000 shares at $0.47 per share (closed February 23, 2026), and ongoing initiatives such as the Wizz Banger valuation platform, the Bahama Boat Works acquisition with up to $2,900,000 contingent consideration, and formation of a defense-focused subsidiary, Black Line Defense.
Twin Vee PowerCats Co. designs and manufactures recreational and commercial powerboats, selling nearly all of its 2025 and 2024 revenue through a 17‑dealer network in North America, Hawaii and Australia. The company focuses on twin‑hull catamarans and Bahama monohull models ranging from 22 to 41 feet.
For 2025 it reported a loss from operations of $8,781,299 and a net loss of $8,607,273, improving from a $14,009,906 net loss in 2024. As of December 31, 2025, accumulated deficit was approximately $34,000,228. Non‑affiliate equity market value was $4,415,000 as of June 28, 2024, and 8,620,299 shares of common stock were outstanding as of February 25, 2026.
Recent initiatives include acquiring the Bahama Boat Works brand with up to $3,000,000 in contingent payments, launching the Wizz Banger valuation and retail platform via a license that contemplates up to $5,000,000 for certain online marketplace IP, and forming Black Line Defense to pursue manned and autonomous defense maritime platforms. The company also completed a 1‑for‑10 reverse stock split to regain Nasdaq bid‑price compliance and raised capital through a $3.0 million underwritten stock offering in May 2025 and a $0.47‑per‑share public offering in February 2026.
Twin Vee PowerCats, Co. director Larry G. Swets Jr. reported an open-market purchase of common stock. He acquired 100,000 shares of common stock in connection with a public best efforts offering at a public offering price of $0.47 per share. The transaction closed on February 23, 2026, and following this purchase he directly holds 100,000 shares of Twin Vee common stock.
Twin Vee PowerCats, Co. director Larry G. Swets Jr. filed an initial statement of beneficial ownership of securities on Form 3. The filing establishes his status as a director of the company and does not report any insider buy or sell transactions.
Twin Vee PowerCats, Co. CEO and interim CFO Joseph C. Visconti reported buying 20,000 shares of common stock at $0.47 per share. These shares were issued in a public best efforts offering that closed on February 23, 2026, bringing his direct holdings to 262,914 shares.
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.