Lincoln Alternative holds 1.39M Twin Vee shares (VEEE) per 13G (7.1%)
Rhea-AI Filing Summary
Twin Vee PowerCats, Co. reports a Schedule 13G filing showing Lincoln Alternative Strategies LLC beneficially owns 1,391,430 shares of Common Stock, representing 7.1% of the class.
The filing states the percentage is based on 19,585,199 shares outstanding as represented by the issuer on its 424(b)(5) Prospectus Supplement filed with the SEC on March 24, 2026. Lincoln Alternative reports sole voting and dispositive power over the 1,391,430 shares. The filing is signed by Stephen Temes, Managing Member, on March 24, 2026.
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Insights
Large passive stake disclosed: 1,391,430 shares (7.1%).
Lincoln Alternative Strategies LLC is reported as beneficial owner of 1,391,430 shares with sole voting and dispositive power. The filing references the issuer's representation that shares outstanding were 19,585,199 as of the March 24, 2026 prospectus supplement.
This position equates to 7.1% of the class per the filing; the ultimate trading impact depends on whether the stake is passive or active, which is not specified in this excerpt. Subsequent SEC filings may clarify intent or changes.
Disclosure shows voting control and potential influence but no action announced.
The filer reports sole voting power and sole dispositive power over the disclosed shares, indicating the ability to vote those shares at shareholder meetings. The filing does not state any agreements, intentions to transact, or plans to nominate directors.
Monitor future filings for changes in ownership or statements of intent; timing and any strategic intentions are not included in the provided excerpt.