Twin Vee PowerCats (VEEE) Prices 2.5M Shares at $2.75

Go back to Twin Vee PowerCats (VEEE) Prices 2.5M Shares at $2.75

Twin Vee PowerCats Co. Announces Pricing of Public Offering

September 28, 2022 9:35 PM EDT

FORT PIERCE, FL / ACCESSWIRE / September 28, 2022 / Twin Vee PowerCats Co. (NASDAQ: VEEE) ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport catamaran boats, today announced the pricing of its underwritten public offering of 2,500,000 shares of its common stock at a public offering price of $2.75 per share, for gross proceeds of $6,875,000, before deducting underwriting discounts, commissions and offering expenses. All of the shares of common stock are being offered by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional... More