VEEE News & Events

Twin Vee PowerCats announced the withdrawal of the proposed public offering of shares of common stock.

Twin Vee PowerCats Co. announced that it intends to offer to sell shares of common stock in a best-efforts public offering. The company intends to use the net proceeds from the offering primarily for working capital and general corporate purposes. ThinkEquity is acting as the sole placement agent for the offering

Twin Vee PowerCats announced the development of its new Adventure Series, a next-generation lineup of American-built power catamarans designed to enter and redefine the rapidly expanding global market for offshore adventure day boats. The new Adventure Series lineup is expected to include multiple models beginning with 24-, 28-, and 40-foot platforms, with both center console and dual console configurations planned for the 28-foot model. The series will expand Twin Vee's current lineup, which includes the STX and GFX models, and represents the Company's strategic move into one of the fastest-growing segments of the recreational marine industry.

Twin Vee PowerCats files $100M mixed securities shelf