---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-26-000931"
form_type: "8-K"
ticker: "VEEE"
cik: "0001855509"
company_name: "Twin Vee PowerCats, Co."
filed_at: "2026-07-13T13:26:20+00:00"
generated_at: "2026-07-13T13:27:08.239518+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Twin Vee PowerCats enters merger with USFM; shareholders to receive 10% of acquirer's stock

## Summary
- Merger consideration: each Twin Vee share converted into pro rata portion of 10% of USFM's fully diluted shares post-closing.
- Pre-closing CVR restructuring: Twin Vee assets/liabilities contributed to trust; net proceeds to existing stockholders.
- Termination fees: Acquiror pays $500k if fails to get approval or by Oct 31, 2026; Company pays $1.5M for superior proposal.
- CFO change: Joseph Visconti resigns as interim CFO; Michael P. Dickerson appointed interim CFO, receives 3,970 RSUs and $50k cash.
- Support agreement: a stockholder agrees to vote shares in favor of merger and against alternative proposals.

## SEC filing metadata
- accession: 0001731122-26-000931
- form_type: 8-K
- ticker: VEEE
- cik: 0001855509
- company_name: Twin Vee PowerCats, Co.
- filed_at: 2026-07-13T13:26:20+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855509/000173112226000931/0001731122-26-000931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855509/000173112226000931/e7774_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-26-000931
- JSON: https://secwatch.observer/filing/0001731122-26-000931.json
- Plain text: https://secwatch.observer/filing/0001731122-26-000931.txt

## Key facts
- Executive change
  Joseph Visconti resigned as Interim Chief Financial Officer at Twin Vee PowerCats, Co..
  - Action: resigned
  - Role: Interim Chief Financial Officer
  source text: Joseph Visconti, the Company’s Chief Executive Officer and President has resigned his role as the Company’s Interim Chief Financial Officer, effective as of July 10, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855509/000173112226000931/0001731122-26-000931-index.htm
- Executive change
  Michael P. Dickerson was appointed as Interim Chief Financial Officer at Twin Vee PowerCats, Co..
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: On July 11, 2026, the Company appointed Michael P. Dickerson to be the Company’s Interim Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855509/000173112226000931/0001731122-26-000931-index.htm

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