Twin Vee PowerCats Files 8-K on Officer/Director Changes
Ticker: VEEE · Form: 8-K · Filed: Sep 23, 2025 · CIK: 1855509
| Field | Detail |
|---|---|
| Company | Twin Vee Powercats, Co. (VEEE) |
| Form Type | 8-K |
| Filed Date | Sep 23, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $60,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: officer-changes, director-changes, filing
TL;DR
TVPC filed an 8-K detailing leadership changes and compensation. Watch for new officer/director appointments.
AI Summary
Twin Vee PowerCats, Co. filed an 8-K on September 23, 2025, reporting events as of September 17, 2025. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing indicates potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: medium — Changes in directors or officers can signal internal shifts that may affect company strategy or stability.
Key Players & Entities
- Twin Vee PowerCats, Co. (company) — Registrant
- September 17, 2025 (date) — Date of earliest event reported
- September 23, 2025 (date) — Date of report
FAQ
What specific changes occurred regarding directors or officers?
The filing indicates events related to the departure of directors or certain officers, election of directors, and appointment of certain officers, but the specific names and details are not provided in this excerpt.
Are there any new compensatory arrangements for officers mentioned?
Yes, the filing lists 'Compensatory Arrangements of Certain Officers' as an item of information, suggesting such arrangements are being reported.
When was this 8-K form filed?
The 8-K form was filed on September 23, 2025.
What is the earliest event date reported in this filing?
The earliest event date reported is September 17, 2025.
What is the primary business of Twin Vee PowerCats, Co.?
Twin Vee PowerCats, Co. is in the SHIP & BOAT BUILDING & REPAIRING industry, SIC code 3730.
Filing Stats: 1,027 words · 4 min read · ~3 pages · Grade level 11.3 · Accepted 2025-09-23 16:05:46
Key Financial Figures
- $0.001 — ch registered Common stock, par value $0.001 per share VEEE The Nasdaq Stock Mar
- $60,000 — . Searles will receive a base salary of $60,000 for the term period and is eligible to
Filing Documents
- e6871_8k.htm (8-K) — 32KB
- e6871_ex10-1.htm (EX-10.1) — 92KB
- 0001731122-25-001289.txt ( ) — 313KB
- veee-20250917.xsd (EX-101.SCH) — 3KB
- veee-20250917_lab.xml (EX-101.LAB) — 33KB
- veee-20250917_pre.xml (EX-101.PRE) — 22KB
- e6871_8k_htm.xml (XML) — 4KB
02 Departure of Directors or Certain Officers; Election of Directors;
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 17, 2025, the Board of Directors (the "Board") of Twin Vee PowerCats Co. (the "Company") appointed Scott Searles to serve as Interim Chief Financial Officer of the Company, effective immediately, while the Company undertakes a search to identify a permanent successor. In this role, Mr. Searles will serve as the Company's principal financial officer. Mr. Searles, age 50, has 20 years of corporate experience in senior and executive level finance and operational roles, including finance and accounting, treasury, investor relations and corporate communications, risk management, and other related roles. Mr. Searles also serves as Vice President of FP&A at The Nuclear Company, a position he has held since August 2025. From February 2025 to June 2025, he served as interim Vice President of FP&A at PODS Enterprises LLC. From December 2018 to February 2025, he served as Senior Director FP&A at Walmart Inc. (NYSE: WMT). Mr. Searles holds a Master of Business Administration in Strategy and Finance from the Georgetown University McDonough School of Business and a Bachelor of Science in Computer Science and Engineering from Pennsylvania State University. In connection with his appointment, the Company entered into an employment agreement (the "Employment Agreement") to employ Mr. Searles as the Company's Interim Chief Financial Officer for a term of ninety days, effective as of September 17, 2025. Under the terms of the Employment Agreement, Mr. Searles will receive a base salary of $60,000 for the term period and is eligible to receive stock options to purchase shares of Company common stock or such other equity awards as the Board may determine in its sole discretion. The Employment Agreement provides that Mr. Searles is eligible to participate in all benefit and fringe benefit plans generally made availab
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit No. Description 10.1 Employment Agreement, dated September 17, 2025, by and between Twin Vee PowerCats Co. and Scott Searles 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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: September 23, 2025 TWIN VEE POWERCATS CO. (Registrant) By: /s/ Joseph Visconti Name: Joseph Visconti Title: Chief Executive Officer and President