Twin Vee Powercats Co Stock Price, News & Analysis

Twin Vee PowerCats (NASDAQ:VEEE) has launched Wizz Banger, an AI-powered marine commerce platform integrated with BoatsForSale.com, aiming to transform the $57 billion recreational boating industry. The platform features a mobile-first design with natural language processing capabilities, allowing users to make specific boat search queries and receive instant results.

Wizz Banger's proprietary AI tools analyze millions of archived boat images and data points to generate scored boat listings based on condition, pricing accuracy, and market competitiveness. The system automates responses, provides comparable listings, and assists with pricing strategy using data from national listing databases, auction results, and verified dealer inputs.

Twin Vee PowerCats Co. (NASDAQ:VEEE) has completed a public offering of 750,000 shares of common stock at $4.00 per share, raising total gross proceeds of $3 million. The company, which manufactures and distributes power sport boats, plans to use the net proceeds for working capital and general corporate purposes. The offering was managed by ThinkEquity as the sole book-runner and was conducted under a shelf registration statement filed with the SEC.

Twin Vee PowerCats, based in Fort Pierce, Florida, has been building boats for 30 years and is known for its stable, efficient catamaran hull designs in the sport boat category. The company markets itself as the "Best Riding Boats on the Water™".

Twin Vee PowerCats Co. (NASDAQ:VEEE), a manufacturer of power sport boats, has announced plans for an underwritten public offering of common stock. The company intends to use the proceeds for working capital and general corporate purposes. ThinkEquity will serve as the sole book-running manager for the offering, which will be conducted under a shelf registration statement filed with the SEC in August 2022.

Twin Vee, known as the "Best Riding Boats on the Water™," has been building and selling boats for 30 years from their Fort Pierce, Florida location. The company specializes in catamaran hull designs recognized for stability and efficiency. The completion, size, and terms of the offering remain subject to market conditions.

Twin Vee PowerCats Co. (NASDAQ: VEEE), a manufacturer and distributor of power sport boats, has scheduled its Q1 2025 financial results conference call for May 8, 2025, at 12:00 PM Eastern Time. The company will release its financial results via press release prior to the call.

Investors can participate through a toll-free number (1-877-407-3982) or international line (1-201-493-6780) with Conference ID 13753591. An audio webcast will also be available, though webcast participants won't be able to participate in the Q&A session. The webcast recording will be accessible for at least 90 days through Twin Vee's Investor Relations website section.

Twin Vee PowerCats, a manufacturer and distributor of power sport boats, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received official notification from Nasdaq's Listings Qualifications Department on April 28, 2025.

The compliance was achieved after the company's common stock maintained a closing bid price of $1.00 or higher for 13 consecutive business days, from April 8 through April 25, 2025. This development confirms Twin Vee's continued listing on the Nasdaq Capital Market under Listing Rule 5550(a)(2).

CEO and President Joseph Visconti expressed satisfaction with resolving the Nasdaq listing matter, emphasizing that maintaining their Nasdaq listing was a priority. The company can now focus entirely on executing its business strategy and creating long-term value for investors.