---
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"
generated_at: "2026-05-17T00:00:26.056811+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Twin Vee sells NC property for $4.25M; gains $241k on sale

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01, 8.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-25-001492
- JSON: https://secwatch.observer/filing/0001731122-25-001492.json
- Plain text: https://secwatch.observer/filing/0001731122-25-001492.txt

## Key facts
- M&A Transactions
  Twin Vee PowerCats, Co. completed a disposition involving Highland Myco Holdings, LLC for $4.25 million (closed 2025-10-31).
  - Action: disposition
  - Counterparty: Highland Myco Holdings, LLC
  - Consideration: $4.25 million
  - Closing: 2025-10-31
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1855509/000173112225001492/0001731122-25-001492-index.htm

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