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Twin Vee PowerCats Co. designs, manufactures, and markets recreational and commercial power catamaran boats. The company operated through three segments: Gas-Powered Boat, Electric-Powered Boat, and Franchise. The company's boats allow consumers to use them for a range of recreational activities, including fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing and diving expeditions. Further, it is developing fully electric and gas-powered boats. The company sells its boats through a network of 19 independent boat dealers in North America and the Caribbean. Twin Vee PowerCats Co. was founded in 1996 and is headquartered in Fort Pierce, Florida. Twin Vee Powercats Co. operates as a subsidiary of Twin Vee PowerCats, Inc.

Twin Vee Powercats Co.

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Debt

ANNOUNCEMENT COMES AS USFM'S 2026 DRILL PROGRAM AT DISKO ISLAND ADVANCES, WITH RIGS NOW ACTIVELY DRILLING TOWARD PRIORITY TARGET ZONES GOLDEN, COLO., JULY 16, 2026 /PRNEWSWIRE/ -- USFM CORPORATION ("USFM" OR THE "COMPANY"), A PRIVATELY HELD, U.S.-BASED MINERAL EXPLORATION COMPANY ADVANCING CRITICAL MINERAL OPPORTUNITIES IN GREENLAND, TODAY ANNOUNCED THAT IT HAS ENTERED INTO A DEFINITIVE AGREEMENT WITH TWIN VEE POWERCATS CO. (NASDAQ: VEEE) ("TWIN VEE") UNDER WHICH A SUBSIDIARY OF USFM WILL MERGE WITH AND INTO TWIN VEE.

USFM CORPORATION TO COMBINE WITH NASDAQ-LISTED TWIN VEE POWERCATS CO., CREATING PUBLICLY TRADED COMPANY FOCUSED ON GREENLAND'S DISKO-NUUSSUAQ DISTRICT-SCALE MAGMATIC NICKEL-COPPER-COBALT-PGE PROJECT

FORT PIERCE, FL / ACCESS NEWSWIRE / JULY 13, 2026 / TWIN VEE POWERCATS CO. (NASDAQ:VEEE) ("TWIN VEE" OR THE "COMPANY"), A MANUFACTURER, DISTRIBUTOR AND MARKETER OF POWER SPORT BOATS, TODAY ANNOUNCED THAT IT HAS ENTERED INTO A DEFINITIVE AGREEMENT FOR A TRANSFORMATIVE TRANSACTION THAT WILL COMBINE A MERGER INVOLVING THE PUBLICLY TRADED COMPANY WITH THE CONCURRENT PRIVATIZATION OF ITS BOATING BUSINESS UNDER THE BRANDS TWIN VEE AND BAHAMA BOAT WORKS (THE "MARINE BUSINESS"). PURSUANT TO THE TERMS OF THE TRANSACTION, A SUBSIDIARY OF USFM CORPORATION, A DEVELOPER OF STRATEGIC MINERAL INTERESTS IN GREENLAND, WILL MERGE WITH AND INTO THE COMPANY (THE "MERGER"), AND IN EXCHANGE THE COMPANY'S COMMON STOCKHOLDERS (THE "PRE-MERGER STOCKHOLDERS") WILL RECEIVE EQUITY IN THE COMBINED COMPANY.

TWIN VEE POWERCATS CO. ANNOUNCES STRATEGIC MERGER AND CONCURRENT PRIVATIZATION OF ITS RECREATIONAL MARINE BUSINESS

FORT PIERCE, FL / ACCESS NEWSWIRE / MAY 7, 2026 / TWIN VEE POWERCATS CO. (NASDAQ:VEEE),("TWIN VEE" OR THE "COMPANY"), A MANUFACTURER, DISTRIBUTOR, AND MARKETER OF POWER SPORT BOATS, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2026. FIRST QUARTER 2026 HIGHLIGHTS: REVENUES INCREASED APPROXIMATELY 10% IN THE FIRST QUARTER 2026 COMPARED TO THE FIRST QUARTER 2025, THE FOURTH CONSECUTIVE YEAR-OVER-YEAR QUARTERLY POSITIVE GROWTH RATE.

TWIN VEE POWERCATS REPORTS CONTINUED REVENUE GROWTH IN THE FIRST QUARTER

FORT PIERCE, FL / ACCESS NEWSWIRE / MAY 6, 2026 / TWIN VEE POWERCATS CO. (NASDAQ:VEEE),("TWIN VEE" OR THE "COMPANY"), A MANUFACTURER, DISTRIBUTOR, AND MARKETER OF POWER SPORT BOATS, TODAY ANNOUNCED THAT BAHAMAS-BASED EXUMA WATER SPORTS, ONE OF THE LEADING TOUR OPERATORS IN EXUMA, HAS PLACED AN ORDER FOR A SECOND CUSTOM-BUILT 400 GFX2 POWER CATAMARAN. ACCORDING TO THE COMPANY, THIS MARKS A SIGNIFICANT VALIDATION OF THE 400 GFX2 IN HIGH-DEMAND COMMERCIAL APPLICATIONS, FOLLOWING THE SUCCESSFUL DEPLOYMENT OF THE FIRST VESSEL IN EXUMA'S PREMIUM TOURISM MARKET.

TWIN VEE POWERCATS ANNOUNCES REPEAT ORDER OF CUSTOM 400 GFX2 FROM EXUMA WATER SPORTS

FORT PIERCE, FL / ACCESS NEWSWIRE / APRIL 30, 2026 / TWIN VEE POWERCATS CO. (NASDAQ:VEEE),("TWIN VEE" OR THE "COMPANY"), A MANUFACTURER, DISTRIBUTOR, AND MARKETER OF POWER SPORT BOATS, TODAY ANNOUNCED THAT ITS BOARD OF DIRECTORS HAS APPROVED A 1-FOR-37 REVERSE STOCK SPLIT OF THE COMPANY'S ISSUED AND OUTSTANDING COMMON STOCK. THE REVERSE STOCK SPLIT IS EXPECTED TO BECOME EFFECTIVE AT 12:01 A.M.

TWIN VEE POWERCATS CO. ANNOUNCES REVERSE STOCK SPLIT TO REGAIN COMPLIANCE WITH NASDAQ'S BID PRICE REQUIREMENT

FORT PIERCE, FL / ACCESS NEWSWIRE / APRIL 13, 2026 / TWIN VEE POWERCATS CO. (NASDAQ:VEEE) ("TWIN VEE" OR THE "COMPANY"), A MANUFACTURER, DISTRIBUTOR, AND MARKETER OF POWER SPORT BOATS, TODAY ANNOUNCED THAT IT HAS COMPLETED ITS REINCORPORATION FROM THE STATE OF DELAWARE TO THE STATE OF NEVADA. THE STRATEGIC MOVE WAS APPROVED BY THE COMPANY'S STOCKHOLDERS AT ITS ANNUAL MEETING OF STOCKHOLDERS IN NOVEMBER AS A PROACTIVE MEASURE TO REDUCE OPERATIONAL COSTS AND SUPPORT TWIN VEE'S LONG-TERM GROWTH OBJECTIVES.

TWIN VEE POWERCATS CO. ANNOUNCES REINCORPORATION TO NEVADA TO ENHANCE CORPORATE FLEXIBILITY AND DRIVE LONG-TERM COST SAVINGS

FORT PIERCE, FL / ACCESS NEWSWIRE / MARCH 31, 2026 / TWIN VEE POWERCATS CO. (NASDAQ:VEEE), ("TWIN VEE" OR THE "COMPANY"), A MANUFACTURER, DISTRIBUTOR, AND MARKETER OF POWER SPORT BOATS, TODAY ANNOUNCED THE ADDITION OF NAUTICAL VENTURES GROUP ("NAUTICAL VENTURES"), A SUBSIDIARY OF VISION MARINE TECHNOLOGIES INC., AS ITS EXCLUSIVE AUTHORIZED DEALER IN BROWARD COUNTY, FLORIDA. "BROWARD COUNTY IS ONE OF FLORIDA'S MOST SIGNIFICANT MARKETS FOR THE RECREATIONAL MARINE INDUSTRY," EXPLAINED JOSEPH VISCONTI, CEO AND PRESIDENT OF TWIN VEE POWERCATS CO. "IN 2022, BROWARD COUNTY CONTRIBUTED $3.889 BILLION IN SALES OF BOAT AND MOTOR PRODUCTS OF THE $18.7 BILLION STATEWIDE RETAIL SALES GROSS FLORIDA SAW, ACCORDING TO AN INDUSTRY SURVEY, MAKING IT A PREMIER MARKET FOR OUR PRODUCTS.

TWIN VEE POWERCATS CO. ANNOUNCES NAUTICAL VENTURES AS BROWARD COUNTY FLORIDA DEALER

BRAND PORTFOLIO EXPANSION AND RETAIL EXECUTION FORT LAUDERDALE, FLA., MARCH 30, 2026 /PRNEWSWIRE/ -- VISION MARINE TECHNOLOGIES INC. (NASDAQ: VMAR) ("VISION MARINE" OR THE "COMPANY"), A COMPANY SPECIALIZING IN HIGH-VOLTAGE MARINE PROPULSION AND A VERTICALLY INTEGRATED MARINE RETAIL PLATFORM, TODAY ANNOUNCED THAT ITS SUBSIDIARY, NAUTICAL VENTURES GROUP, HAS ENTERED INTO A STRATEGIC DEALERSHIP AGREEMENT WITH TWIN VEE POWERCATS CO. (NASDAQ: VEEE) ("TWIN VEE"), SECURING EXCLUSIVE DISTRIBUTION RIGHTS FOR BROWARD COUNTY, FLORIDA.

VISION MARINE TECHNOLOGIES AND NAUTICAL VENTURES SECURE EXCLUSIVE TWIN VEE TERRITORY IN BROWARD COUNTY AND INTRODUCE SIGNATURE ADVENTURE V EDITION

FORT PIERCE, FL / ACCESS NEWSWIRE / MARCH 25, 2026 / TWIN VEE POWERCATS CO. (NASDAQ:VEEE),("TWIN VEE" OR THE "COMPANY"), A MANUFACTURER, DISTRIBUTOR, AND MARKETER OF POWER SPORT BOATS, ALONG WITH ITS NEWLY ACQUIRED PREMIUM BRAND BAHAMA BOAT WORKS, PROUDLY ANNOUNCE THE SUCCESSFUL DELIVERY OF THE FIRST BAHAMA VESSEL UNDER ITS OWNERSHIP TO LONGTIME BAHAMA CUSTOMER, MR. RICHARD ROBINSON.

TWIN VEE POWERCATS CO. ANNOUNCES FIRST DELIVERY OF BAHAMA BOAT UNDER NEW OWNERSHIP

FORT PIERCE, FL / ACCESS NEWSWIRE / MARCH 24, 2026 / TWIN VEE POWERCATS CO. (NASDAQ:VEEE), ("TWIN VEE" OR THE "COMPANY"), A MANUFACTURER, DISTRIBUTOR, AND MARKETER OF POWER SPORT BOATS, TODAY ANNOUNCED THE CLOSING OF ITS BEST-EFFORTS OFFERING OF 6,491,900 SHARES OF ITS COMMON STOCK. EACH SHARE OF COMMON STOCK WAS SOLD AT AN OFFERING PRICE OF $0.384 PER SHARE, AT-THE-MARKET UNDER NASDAQ RULES.

Twin Vee Powercats Co.

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Twin Vee Powercats Co.

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