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Twin Vee PowerCats Announces Proposed Public Offering of Common Stock

VEEE
  • Twin Vee PowerCats Co. (NASDAQ: VEEE) announced an intent to offer shares of common stock in a best-efforts public offering.
  • The offering is subject to market conditions with no assurance regarding completion, size, or terms.
  • Net proceeds will primarily be used for working capital and general corporate purposes.
  • ThinkEquity is acting as the sole placement agent for the offering.
  • Securities will be sold pursuant to a shelf registration statement on Form S-3 (File No. 333-293911) filed with the SEC on February 27, 2026, and declared effective on March 5, 2026.
  • The offering will be made only by means of a written prospectus, with documents available via the SEC website or at ThinkEquity's New York office.
  • Twin Vee manufactures boats under the Twin Vee & Bahama Boat Works brands for fishing, cruising, & recreational use.
  • The company is headquartered in Fort Pierce, Florida, & has operated for 30 years.