Twin Vee PowerCats Announces NASDAQ Offering Priced at $0.384 per Share

Twin Vee PowerCats Co. has priced a best-efforts offering of 6,491,900 shares of common stock at $0.384 per share, with total gross proceeds expected to be approximately $2.5 million. The net proceeds will be used for working capital and general corporate purposes. ThinkEquity is acting as the sole placement agent for the offering, which is expected to close on March 24, 2026. The securities will be offered and sold pursuant to a shelf registration statement on Form S-3.