$VEEE

Twin Vee PowerCats, Co. (VEEE) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Compensatory Arrangements of Certain Officers. On August 21, 2026, the Compensation Committee of the Board of Directors (the “Committee”) of Twin Vee PowerCats Co. (“Company”) revised the base salary of Joseph Visconti, the Company’s Chief Executive Officer and Preside

HRT FINANCIAL LP sold 49,505 shares of Twin Vee PowerCats, Co. (VEEE) at $18.12 ($0.90M total) on 2026-07-27.

Twin Vee PowerCats (NASDAQ: VEEE) announced a planned merger with privately held USFM Corporation. Twin Vee’s recreational marine segment will be carved out into a private entity, and existing shareholders will receive non-transferable contingent value rights. The boards approved the deal, expected to close in Q3 2026 pending approvals. VEEE shares were up 56% to $41.48, per Benzinga Pro.

Twin Vee PowerCats (NASDAQ:VEEE) shares rose about 28% after it signed a definitive merger agreement with USFM Corporation, a privately held U.S. mineral exploration firm focused on Greenland. A USFM subsidiary will merge into Twin Vee, with Twin Vee stockholders receiving equity in the combined company. The deal is expected to close in Q3 2026, subject to approvals.

U.S. stock futures were mixed as Nasdaq 100 rose while Dow Jones and S&P 500 fell after Monday’s declines. The article cites U.S. Central Command and Iran officials amid ongoing Strait of Hormuz tensions. It also notes 10-year yields at 4.62% and FedWatch pricing a 58.8% July hold. Stocks highlighted: TSEM +17.5% on ~$3B capacity expansion; VEEE -4.55% after merger and privatization plan; JPM expected EPS $5.79 on revenue $50.19B.

U.S. indexes fell Monday. Oracle (ORCL) dropped 6.47% to $131.54. Twin Vee PowerCats (VEEE) surged 415.77% to $24.86 after merger and privatization news. Agenus (AGEN) jumped 82.69% to $6.12 on Phase 1b survival data and a private placement up to $340M. Micron (MU) slipped 4.32% to $937, and SanDisk (SNDK) fell 12.63% to $1,673.97.

Twin Vee PowerCats (NASDAQ: VEEE) shares rose about 370% to around $23 after it signed a definitive deal to merge with a USFM Corporation subsidiary and privatize its marine business. Twin Vee shareholders will receive equity in the combined public company and contingent value rights tied to future trust distributions. Closing is expected in Q3 2026.

US stocks opened lower and ended the day down, pressured by a chip selloff and a rise in oil amid renewed US-Iran tensions over the Strait of Hormuz. The Dow fell 0.3% to 52,499, the S&P 500 fell 0.8% to 7,515, and the Nasdaq dropped 1.6% to 25,873. Bank earnings begin Tuesday.

Twin Vee PowerCats (NASDAQ:VEEE) surged Monday as it announced plans to merge with a subsidiary of USFM Corporation and spin off and privatize its Twin Vee and Bahama Boat Works marine business. Twin Vee will transfer marine operations to a Delaware trust, with shareholders receiving CVRs and equity in the combined public company. Deal expected to close in Q3 2026; shares were up 446.68% to $12.15.

Twin Vee Powercats Co. (VEEE) shares rose about 298% after the company said it agreed to a merger involving the public company and concurrent privatization of its boating business under the Twin Vee and Bahama Boat Works brands. The stock was around $19.19 on Nasdaq, after opening near $12.20 and reaching about $19.40.