{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-25-001492","form_type":"8-K","ticker":"VEEE","cik":"0001855509","company_name":"Twin Vee PowerCats, Co.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.835627+00:00","generated_at":"2026-05-17T00:00:26.056811+00:00","sec_items":["2.01","9.01","8.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Twin Vee sells NC property for $4.25M; gains $241k on sale","bullets":["Property sold Oct 31 for $4.25M; cash $500k at close plus $3.75M seller-financed note at 5%.","Net cash received $447,684 after $44.5k closing costs and $7.8k taxes.","Note payable in three installments: $500k+interest Oct 2026, $500k+interest Apr 2027, $2.75M+interest Oct 2027.","Transaction resulted in unaudited gain on sale of $241,061.","Company carried no debt or liabilities against the property; sale streamlines capital allocation."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-25-001492","json":"https://secwatch.observer/filing/0001731122-25-001492.json","markdown":"https://secwatch.observer/filing/0001731122-25-001492.md","text":"https://secwatch.observer/filing/0001731122-25-001492.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855509/000173112225001492/0001731122-25-001492-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855509/000173112225001492/e7013_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:00:26.056811+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f83b7d7b52ed3b0442c7d4c061df57a8e72efd33","claim":"Twin Vee PowerCats, Co. completed a disposition involving Highland Myco Holdings, LLC for $4.25 million (closed 2025-10-31).","evidence_excerpt":"by that certain amendment, dated October 13, 2025 (the “Amendment”), by and between the Company, Forza, and the Buyer. The Property was sold for an aggregate purchase price of $4.25 million. The terms of the sale included a cash closing payment of $500,000, with an additional $3,750,000 paid by the issuance of a secured promissory note payable in installments of","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855509/000173112225001492/0001731122-25-001492-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Highland Myco Holdings, LLC"},{"label":"Consideration","value":"$4.25 million"},{"label":"Closing","value":"2025-10-31"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}