Twin Vee PowerCats enters 5-year related-party lease with CEO-owned entity for HQ facility

Twin Vee PowerCats, Co.

Lease with Visconti Holdings (owned by CEO Joseph Visconti) for 100,000 sq ft facility in Fort Pierce, FL.
5-year term from Jan 1, 2026 to Dec 31, 2030, with two 5-year renewal options.
Initial monthly base rent of $48,208.33 plus 7% sales tax; escalates annually to $59,394.31 by year 5.
Replaces prior month-to-month lease; Audit Committee reviewed and approved the related-party transaction.
Company remains responsible for property taxes, utilities, insurance, and all operating expenses.

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