secwatch.observer — SEC 8-K summary
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Issuer:     Twin Vee PowerCats, Co. (VEEE)
CIK:        0001855509
Form:       8-K/A
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001731122-26-000289
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twin Vee PowerCats closes public offering of 6.38M shares at $0.47/share for ~$3M gross proceeds
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- Completed best-efforts public offering of 6,383,000 shares at $0.47/share; gross proceeds ~$3M.
- Net proceeds to be used for working capital and general corporate purposes.
- ThinkEquity acted as sole placement agent; fees include 7% cash fee, 1% expense allowance, and $50k expense reimbursement.
- Amendment corrects effective date of registration statement from Feb 12 to Feb 13, 2026; no other changes.
- Placement Agent Warrants issued for 319,150 shares (5% of offering), exercisable for 5 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855509/000173112226000289/0001731122-26-000289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855509/000173112226000289/e7365_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-000289

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