Twin Vee Powercats, CO

Twin Vee PowerCats Co. announced a definitive agreement to merge with USFM Corporation, a move that will also privatize its recreational marine business.

Twin Vee PowerCats Co. announced that Joseph Visconti's employment agreement will not be renewed beyond its initial term ending July 23, 2026, though he will continue as CEO, Interim CFO, and President on an at-will basis.

Twin Vee PowerCats Co. is implementing a 1-for-37 reverse stock split to comply with Nasdaq's minimum bid price requirement and enhance investor appeal.

Twin Vee PowerCats Co. has amended the employment agreement for Vice President Preston Yarborough, increasing his annual base salary to $250,000.

Twin Vee PowerCats Co. has successfully completed its reincorporation from Delaware to Nevada, aiming for enhanced corporate flexibility and long-term cost savings.

Twin Vee PowerCats Co. received a delisting notice from Nasdaq for failing to meet the minimum $1.00 bid price requirement, despite a recent reverse stock split.

Twin Vee PowerCats Co. reported an 8% reduction in net loss for Q3 2025 and a 39% reduction for the nine months, driven by improved gross margins and cost controls, despite a 6% decline in nine-month net sales.

Twin Vee PowerCats Co. reported a significant reduction in net loss and improved gross profit margins for Q2 2025, despite a year-to-date revenue decline, while addressing Nasdaq compliance and strategic acquisitions.

Twin Vee PowerCats Co. experienced a decrease in net sales for the first quarter of 2025, but improved gross profit margins due to cost reduction strategies.

Twin Vee PowerCats experienced a substantial decrease in sales and a net loss in the third quarter of 2024, primarily due to reduced demand and challenges in the recreational boating industry.

Twin Vee PowerCats Co. reported a significant decrease in sales and a net loss for the second quarter of 2024, impacted by a broader industry slowdown and strategic changes.

Twin Vee PowerCats Co. experienced a significant decrease in sales and profitability in the first quarter of 2024, primarily due to reduced demand and a shift in product mix.

Twin Vee PowerCats Co. reported a 3% revenue increase to $14.8 million in 2025, alongside continued net losses and strategic shifts including the acquisition of Bahama Boat Works and the formation of Black Line Defense.

Twin Vee PowerCats Co. reports a 57% decrease in revenue for fiscal year 2024, prompting strategic shifts including the merger with Forza X1 and cost-cutting measures.

Twin Vee PowerCats Co. reports a 4% increase in net sales for 2023, while also experiencing a net loss due to increased operating expenses and market headwinds.

Hrt Financial Lp reported changes in beneficial ownership of Twin Vee PowerCats, Co. common stock on July 24, 2026.

Michael Patrick Dickerson, Interim CFO of Twin Vee PowerCats, Co., received 3,970 shares of common stock on July 11, 2026.

Twin Vee PowerCats Director Kevin Schuyler purchased 25,000 shares of common stock in an open market transaction.

Twin Vee PowerCats Co. Director Larry G Swets Jr. purchased 50,000 shares of common stock at $0.42 per share, increasing his direct beneficial ownership to 150,000 shares.

Twin Vee PowerCats Co. Director Larry G. Swets Jr. acquired 100,000 shares of common stock at $0.47 per share in a public offering.

Twin Vee PowerCats CEO Joseph C. Visconti acquired 20,000 shares of common stock at $0.47 per share in a public offering, increasing his direct beneficial ownership to 262,914 shares.

Twin Vee PowerCats Co. announces its 2025 Annual Meeting of Stockholders to vote on director elections, auditor ratification, and a strategic reincorporation from Delaware to Nevada.

Twin Vee PowerCats Co. is voluntarily providing supplemental disclosures regarding its proposed merger with Forza X1, Inc. to address concerns raised by a purported stockholder regarding the valuation analyses.

Twin Vee Powercats Co. has filed a definitive proxy statement with the SEC, indicating upcoming shareholder actions.

Twin Vee PowerCats Co. filed an amended S-1 registration statement for a best-efforts public offering of up to $17.5 million in common stock and pre-funded warrants, aiming to bolster working capital despite ongoing net losses.

Twin Vee PowerCats Co. is offering up to 8.88 million shares and pre-funded warrants to raise approximately $16.1 million, aiming to bolster working capital and support strategic growth initiatives despite ongoing net losses.

Palm Management (US) LLC and its affiliates have reduced their beneficial ownership in Twin Vee PowerCats Co. to 3.6% after selling shares in open market transactions, following a 1-for-10 reverse stock split.

Joseph C. Visconti, Chairman and CEO of Twin Vee PowerCats Co., has increased his beneficial ownership in the company to 20.8% through a combination of personal purchases, compensation, and shares acquired via the recent Forza X1, Inc. merger and option vesting.

Lincoln Alternative Strategies LLC has reported a 7.1% beneficial ownership stake in Twin Vee PowerCats, Co., holding 1,391,430 shares of common stock.

Clamantis Holdings LLC and Daniel Shribman have disclosed a beneficial ownership of 1,181,674 shares, representing 0.13708% of Twin Vee PowerCats, Co. common stock.

3i, LP, 3i Management LLC, and Maier Joshua Tarlow have filed an exit amendment to their Schedule 13G, indicating they no longer beneficially own more than five percent of Twin Vee PowerCats Co. common stock.

3i, LP, along with 3i Management LLC and Maier Joshua Tarlow, has disclosed a beneficial ownership of 8.9% of Twin Vee PowerCats Co.'s common stock, totaling 200,000 shares.

Marathon Micro Fund, LP has filed an amended Schedule 13G, indicating a complete divestment of its beneficial ownership in Twin Vee PowerCats, Co. common stock.