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. is offering 6,383,000 shares of common stock on a best efforts basis at $0.47 per share, with expected delivery to purchasers on February 23, 2026. The placement agent is ThinkEquity and there is no minimum offering amount; proceeds are available for immediate use by the company.
The prospectus states net proceeds are estimated at approximately $2.5 million to be used primarily for working capital and general corporate purposes. Shares outstanding immediately after the offering are shown as 8,620,299 shares.
Twin Vee PowerCats Co. is updating its S-1 through Post-Effective Amendment No. 2 to offer on a best efforts basis up to 5,050,505 shares of common stock and/or pre-funded warrants, plus 5,050,505 shares of common stock underlying the pre-funded warrants.
The company uses an assumed offering price of $0.99 per share based on the Nasdaq close on February 12, 2026 and estimates net proceeds of about $4.3 million if all securities are sold and all pre-funded warrants are exercised. There is no minimum offering amount, so actual proceeds could be significantly lower.
Net sales were $11,796,886 for the nine months ended September 30, 2025, with a net loss of $6,019,824. As of September 30, 2025, cash and cash equivalents were $2,704,571 and total stockholders’ equity was $15,931,620. Shares outstanding were 2,237,299 as of February 12, 2026, so this offering could be meaningfully dilutive if fully subscribed.
Twin Vee PowerCats Co. is registering a primary best-efforts offering of up to 8,333,333 Common Units and up to 8,333,333 Pre-Funded Units, plus the associated warrants and underlying shares of common stock. Each Common Unit includes one share of common stock and a five-year warrant to buy one share at an exercise price of $1.50, based on an assumed offering price of $1.20 per unit. Pre-Funded Units replace the share with a pre-funded warrant priced at $0.001 remaining exercise cost, aimed at buyers constrained by 4.99% or 9.99% ownership caps.
The deal has no minimum raise, is arranged through ThinkEquity on a reasonable best-efforts basis, and may close even if only a small portion is sold. The company estimates net proceeds of about $8.9 million if the offering is fully placed and pre-funded warrants are exercised in full, to be used mainly for working capital and general corporate purposes. Common stock outstanding would rise to 10,570,632 shares after the offering. Twin Vee highlights recent net losses and a highly competitive, cyclical boat market, and warns of dilution, stock price volatility, dealer concentration, supply risks, and execution risk for its new Wizz Banger marine valuation and retail platform.
Twin Vee PowerCats Co. is registering up to 10,606,061 shares of common stock, up to 10,606,061 pre-funded warrants, and up to 10,606,061 shares of common stock underlying those pre-funded warrants in a best-efforts offering through ThinkEquity.
The assumed offering price is $1.65 per share, matching the January 23, 2026 Nasdaq close, and the company estimates net proceeds of approximately $15.8 million, to be used primarily for working capital and general corporate purposes. There is no minimum offering amount, so the company may close on any number of securities sold, and investors would not receive refunds if only a small portion is placed.
Pre-funded warrants are priced at the share price minus $0.001, carry a $0.001 exercise price, are immediately exercisable, and are subject to a 4.99% beneficial ownership cap, optionally increaseable to 9.99%. Shares outstanding are expected to be 12,843,360 after the offering. For 2024, net sales were $14.4 million with a net loss of $14.0 million, and for the nine months ended September 30, 2025, net sales were $11.8 million with a net loss of $6.0 million.
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. is registering up to 8,883,249 shares of common stock, up to 8,883,249 pre-funded warrants, and 8,883,249 shares underlying those warrants in a primary underwritten offering. The deal is based on an assumed price of $1.97 per share, matching the January 8, 2026 Nasdaq close, with an estimated $16.1 million of net proceeds, or $18.8 million if the underwriters’ 15% over-allotment option is fully exercised. The company plans to use the cash mainly for working capital and general corporate purposes.
Twin Vee designs and manufactures power catamaran and “V”-hull recreational and commercial boats, selling through 22 independent dealers and operating from a 7.5‑acre Fort Pierce, Florida facility. Net sales were $14.4 million in 2024 and $33.4 million in 2023, with net losses of $14.0 million and $9.8 million, respectively. For the nine months ended September 30, 2025, net sales were $11.8 million and the net loss was $6.0 million. Management expects about $3.0 million in fourth-quarter 2025 net sales and notes momentum from 14 new dealer locations added in the first nine months of 2025.
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.