---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-24-001720"
form_type: "8-K"
ticker: "VEEE"
cik: "0001855509"
company_name: "Twin Vee PowerCats, Co."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:49:33.943163+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Twin Vee supplements merger proxy with Forza X1 valuation details to preempt lawsuit

## Summary
- Purported stockholder claimed proxy omitted material info on Houlihan Capital's fairness analysis.
- Twin Vee denies merit but voluntarily discloses additional valuation details to avoid litigation delay.
- Houlihan valued Forza equity at $4.9M–$6.0M; exchange ratio range of 0.5492–0.6705 (agreed ratio within).
- Warrants and options valued as negligible using Black-Scholes (spot price far below strike prices).
- Supplemental disclosures include 30-day VWAP ($0.3787) and Black-Scholes assumptions for warrants/options.

## SEC filing metadata
- accession: 0001731122-24-001720
- form_type: 8-K
- ticker: VEEE
- cik: 0001855509
- company_name: Twin Vee PowerCats, Co.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855509/000173112224001720/0001731122-24-001720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855509/000173112224001720/e6090_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-24-001720
- JSON: https://secwatch.observer/filing/0001731122-24-001720.json
- Plain text: https://secwatch.observer/filing/0001731122-24-001720.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.