secwatch.observer — SEC 8-K summary
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Issuer:     Twin Vee PowerCats, Co. (VEEE)
CIK:        0001855509
Form:       8-K
Filed at:   2022-12-08T23:59:59+00:00
Accession:  0001731122-22-002099
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twin Vee PowerCats closes merger with Twin Vee Inc.; shares outstanding ~9.52M
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- Merger effective Dec 5, 2022; Twin Vee Inc. merged into Twin Vee Co. (VEEE).
- Exchange ratio: 1 VEEE share per 41.7128495 Twin Vee Inc. shares; maximum 4M VEEE shares issued.
- 4M VEEE shares held by Twin Vee Inc. canceled; post-merger shares outstanding about 9.52M.
- Fractional shares cashed out at $2.09/share (5-day VWAP).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855509/000173112222002099/0001731122-22-002099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855509/000173112222002099/e4285_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-22-002099

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