VEEE 8-K
Twin Vee PowerCats, Co. (VEEE)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Compensatory Arrangements of Certain Officers.
On August 21, 2026, the Compensation Committee of the Board of Directors (the “Committee”) of Twin Vee PowerCats Co. (“Company”) revised the base salary of Joseph Visconti, the Company’s Chief Executive Officer and President, to $250,000.
Additionally, Mr. Visconti shall be eligible to receive a bonus payment of $150,000 related to the successful completion and closing of the Agreement and Plan of Merger with USFM Corporation dated July 12, 2026 (“Merger Agreement”). In the event the Merger Agreement is successful and closes, the Company shall pay this bonus within ten (10) days of closing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are furnished with this Current Report on Form 8-K:
|
Exhibit Number |
Exhibit Description | |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) |
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: August 24, 2026 | TWIN VEE POWERCATS CO. | |
| By: | /s/ Glenn Sonoda | |
| Name: | Glenn Sonoda | |
| Title: | Secretary and In-House Counsel | |