Current Report Filing (8-k)
July 29 2022 - 5:25PM
Edgar (US Regulatory)
0001855509
false
0001855509
2022-07-28
2022-07-28
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): July 28, 2022
Twin
Vee PowerCats Co.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-40623 |
|
27-1417610 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
3101
S. US-1
Ft. Pierce, Florida 34982
(Address
of principal executive offices)
(772) 429-2525
(Registrant’s
telephone number, including area code)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
☐ |
Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange
on which registered |
Common stock, par value
$0.001 per share |
|
VEEE |
|
The Nasdaq Stock Market
LLC
(Nasdaq Capital Market) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 7.01. Regulation
FD Disclosure.
On July 29, 2022, Twin Vee PowerCats Co. (the “Company”) issued
a press release regarding the matters discussed in Item 8.01 below. A copy of the press release is furnished as Exhibit 99.1.
The exhibit is being furnished
pursuant to Item 7.01, and the information contained therein shall not be deemed “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section,
nor shall either of them be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference in such filing.
Item 8.01. Other Events.
On July 28, 2022, the Company’s subsidiary,
Forza X1, Inc. (“Forza X1”), received notice that the North Carolina Economic investment committee has approved a Job Development
Investment Grant providing for reimbursement to Forza X1 of up to $1,367,100 over a twelve year period to establish a new manufacturing
plant in McDowell County, North Carolina. To receive the grant, Forza X1 will be required to invest over $10.5 million in land, buildings
and fixtures, infrastructure and machinery and equipment by the end of 2025 and to create as many as 170 jobs.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 29, 2022 |
Twin Vee Powercats Co.
(Registrant) |
|
|
|
By: |
|
/s/ Joseph Visconti |
|
Name: |
|
Joseph Visconti |
|
Title: |
|
Chief Executive Officer and President |
Twin Vee PowerCats (NASDAQ:VEEE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Twin Vee PowerCats (NASDAQ:VEEE)
Historical Stock Chart
From Apr 2023 to Apr 2024