---
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"
generated_at: "2026-05-15T09:41:34.943327+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Twin Vee PowerCats raises $1.7M in offering of 4.47M shares at $0.38/share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-26-000460
- JSON: https://secwatch.observer/filing/0001731122-26-000460.json
- Plain text: https://secwatch.observer/filing/0001731122-26-000460.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: ThinkEquity LLC
  - Value: aggregate gross proceeds of approximately $1.7 million
  - Effective: 2026-03-16
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1855509/000173112226000460/0001731122-26-000460-index.htm

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