Twin Vee priced a best-efforts follow-on offering of 4.47 million common shares at USD 0.38 per share. Gross proceeds are expected to be about USD 1.7 million, before fees and expenses. ThinkEquity is acting as sole placement agent for the offering. Twin Vee said it plans to use the net proceeds primarily for working capital and general corporate purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Twin Vee PowerCats Co. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202603161445ACCESSWRNAPR_____1148129) on March 16, 2026, and is solely responsible for the information contained therein.