{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-26-000460","form_type":"8-K","ticker":"VEEE","cik":"0001855509","company_name":"Twin Vee PowerCats, Co.","filed_at":"2026-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.565613+00:00","generated_at":"2026-05-15T09:41:34.943327+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Twin Vee PowerCats raises $1.7M in offering of 4.47M shares at $0.38/share","bullets":["Issued 4,473,000 shares at $0.38 each; gross proceeds ~$1.7M; offering closed March 17, 2026.","Net proceeds to be used for working capital and general corporate purposes.","Placement agent ThinkEquity receives 7% cash fee, 1% expense allowance, and $115K reimbursement.","ThinkEquity also receives warrants to purchase 223,650 shares (5% of offering) at same terms, exercisable for 5 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-26-000460","json":"https://secwatch.observer/filing/0001731122-26-000460.json","markdown":"https://secwatch.observer/filing/0001731122-26-000460.md","text":"https://secwatch.observer/filing/0001731122-26-000460.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855509/000173112226000460/0001731122-26-000460-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855509/000173112226000460/e7476_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:41:34.943327+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":"22f6525f3e94ffcb64584f2cf3a2bd053085ebc6","claim":"Twin Vee PowerCats, Co. entered into Placement Agency Agreement with ThinkEquity LLC valued at aggregate gross proceeds of approximately $1.7 million (effective 2026-03-16).","evidence_excerpt":"On March 16, 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 4,473,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a public offering price of $0.38 per share.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855509/000173112226000460/0001731122-26-000460-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"ThinkEquity LLC"},{"label":"Value","value":"aggregate gross proceeds of approximately $1.7 million"},{"label":"Effective","value":"2026-03-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}