{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-26-000632","form_type":"8-K","ticker":"VEEE","cik":"0001855509","company_name":"Twin Vee PowerCats, Co.","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.152440+00:00","generated_at":"2026-05-15T01:08:02.014969+00:00","sec_items":["5.03","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Twin Vee PowerCats announces 1-for-37 reverse stock split to regain Nasdaq compliance","bullets":["1-for-37 reverse stock split effective May 4, 2026; reduces outstanding shares from ~19.6M to ~0.5M.","Authorized common shares reduced from 500M to ~13.5M; fractional shares rounded up.","Action intended to regain compliance with Nasdaq's minimum bid price requirement; ticker remains VEEE.","No stockholder approval required; CUSIP changes to 90177C 309.","Preferred stock authorized shares unchanged at 10M; equity awards and warrants proportionately adjusted."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-26-000632","json":"https://secwatch.observer/filing/0001731122-26-000632.json","markdown":"https://secwatch.observer/filing/0001731122-26-000632.md","text":"https://secwatch.observer/filing/0001731122-26-000632.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855509/000173112226000632/0001731122-26-000632-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855509/000173112226000632/e7587_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:08:02.014969+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":"2ec988f7272df066b9082029a87f7c15c9ffb198","claim":"Twin Vee PowerCats, Co.: 1-for-37 reverse stock split via amendment to Articles of Incorporation (effective 2026-05-04).","evidence_excerpt":"On April 30, 2026, Twin Vee PowerCats Co. (the “Company”) filed a Certificate of Change with the Nevada Secretary of State (the “Certificate of Change”) to amend its Articles of Incorporation to effect a 1-for-37 reverse stock split of the Company’s authorized shares of common stock, par value $0.001 per share (the “Common Stock”), accompanied by a corresponding decrease in the Company’s issued and outstanding shares of Common Stock (the “Reverse Stock Split”), effective as of 12:01 a.m. Eastern Time on May 4, 2026 (the “Effective Time”), pursuant to Nevada Revised Statutes (“NRS”) 78.207.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855509/000173112226000632/0001731122-26-000632-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-05-04"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}