---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-26-000283"
form_type: "8-K"
ticker: "VEEE"
cik: "0001855509"
company_name: "Twin Vee PowerCats, Co."
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:15:22.224592+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Twin Vee PowerCats raises ~$3M in public offering of 6.38M shares at $0.47/share

## Summary
- Offering of 6,383,000 shares at $0.47 per share; gross proceeds ~$3.0M.
- Proceeds intended for working capital and general corporate purposes.
- Placement agent ThinkEquity: 7% cash fee, 1% expense allowance, reimbursement of $50K, and warrants for 319,150 shares.
- Officers and directors subject to 3-month lock-up on share sales.

## SEC filing metadata
- accession: 0001731122-26-000283
- form_type: 8-K
- ticker: VEEE
- cik: 0001855509
- company_name: Twin Vee PowerCats, Co.
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855509/000173112226000283/0001731122-26-000283-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855509/000173112226000283/e7359_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-26-000283
- JSON: https://secwatch.observer/filing/0001731122-26-000283.json
- Plain text: https://secwatch.observer/filing/0001731122-26-000283.txt

## Key facts
- Material Agreements
  Twin Vee PowerCats, Co. entered into Placement Agency Agreement with ThinkEquity LLC valued at aggregate gross proceeds of approximately $3.0 million (effective 2026-02-19).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: ThinkEquity LLC
  - Value: aggregate gross proceeds of approximately $3.0 million
  - Effective: 2026-02-19
  source text: On February 19, 2026, Twin Vee PowerCats Co., a Delaware corporation (the “Company”), entered into a placement agency agreement (the “Placement Agency Agreement”) with ThinkEquity LLC, as sole placement agent (the “Placement Agent”), pursuant to which the Company agreed to issue and sell directly to various investors in a best efforts public offering (the “Offering”) an aggregate of 6,383,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a public offering price of $0.47 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855509/000173112226000283/0001731122-26-000283-index.htm

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