---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-25-000193"
form_type: "8-K"
ticker: "VEEE"
cik: "0001855509"
company_name: "Twin Vee PowerCats, Co."
filed_at: "2025-02-10T23:59:59+00:00"
generated_at: "2026-05-27T00:27:33.011456+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Twin Vee enters agreement to acquire BoatsForSale.com and YachtsForSale.com from OneWater Marine

## Summary
- Minimum purchase price of $5M for OWM's IP; 6% revenue-sharing royalty on subscription revenue until closing.
- Platforms are third-largest U.S. online boat marketplace with over 42,000 unique listings.
- Closing due no later than six years from effective date or upon reaching $5M in payments, whichever later.
- Deal includes indemnification caps: OWM's breach reps liability capped at $500K, aggregate at $750K or 24-month purchase price.
- Acquisition part of Twin Vee's strategy to diversify into digital marketplace alongside boat manufacturing.

## SEC filing metadata
- accession: 0001731122-25-000193
- form_type: 8-K
- ticker: VEEE
- cik: 0001855509
- company_name: Twin Vee PowerCats, Co.
- filed_at: 2025-02-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855509/000173112225000193/0001731122-25-000193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855509/000173112225000193/e6345_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-25-000193
- JSON: https://secwatch.observer/filing/0001731122-25-000193.json
- Plain text: https://secwatch.observer/filing/0001731122-25-000193.txt

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