Business Context and Reporting Period
This Form 8-K Current Report was filed by Twin Vee PowerCats Co. (the "Company") on September 8, 2026. The filing addresses the results of a Special Meeting of stockholders held on the same date to ratify prior corporate actions and approve amendments to the Company's certificate of incorporation.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and capital structure events rather than financial performance.
Material Changes and Corporate Actions
- Reverse Stock Split Ratification: Stockholders approved the ratification of a 1-for-37 reverse stock split of the Common Stock. The split was deemed effective as of May 4, 2026, at 12:01 a.m. Eastern Time. A Certificate of Validation was filed with the Delaware Secretary of State to validate the split following a prior reincorporation attempt.
- Corporate Name Change: Stockholders approved an amendment to change the Company's name from "Twin Vee PowerCats Co." to "Twin Vee Bahama Co."
- Correction of Record Date Data: The Company corrected an administrative error in its previous Proxy Statement regarding share counts. As of the Record Date (August 10, 2026), there were 584,321 shares issued and outstanding, with 571,508 shares entitled to vote. The previous statement had incorrectly listed 574,502 issued shares and 561,689 voting shares.
Voting Results and Management Commentary
The Special Meeting achieved a quorum with 255,575 shares present (43.7% of issued shares). The voting results for the approved proposals were as follows:
| Proposal | For | Against | Abstentions | Broker Non-Votes |
|---|---|---|---|---|
| Ratification of Reverse Stock Split | 241,315 | 13,478 | 782 | 0 |
| Name Change to Twin Vee Bahama Co. | 248,329 | 6,628 | 618 | 0 |
| Adjournment Proposal | 244,898 | 9,774 | 903 | 0 |
Management noted that 12,813 shares issued subsequent to the defective corporate acts were deemed ineligible to vote on the Ratification Proposal.
Investor Verification Checklist
- Verify the effective date and implementation of the 1-for-37 reverse stock split on trading platforms.
- Confirm the ticker symbol update and name change to "Twin Vee Bahama Co." on the Nasdaq Capital Market.
- Review the corrected share count (584,321 issued; 571,508 voting) for accurate ownership calculations.
- Monitor future filings for the completion of the reincorporation process from Delaware to Nevada.