Business Context and Reporting Period
This Form 8-K reports on the 2025 Annual Meeting of Stockholders held by Twin Vee PowerCats Co. on December 4, 2025. The company is incorporated in Delaware and trades on The Nasdaq Capital Market under the symbol VEEE. As of the record date of October 15, 2025, there were 2,237,299 shares of common stock outstanding.
Key Financial Metrics
This filing is a current report regarding corporate governance and shareholder voting results. It does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metric.
Material Changes and Voting Results
Shareholders voted on four proposals at the Annual Meeting. The voting results were as follows:
- Election of Directors: Carol Craig and Larry Swets, Jr. were elected as Class I directors for a three-year term. Both received majority support (approx. 81% for Craig, 82% for Swets) with significant broker non-votes.
- Ratification of Auditors: Grassi & Co. CPAs, P.C. was ratified as the independent registered public accounting firm for the year ending December 31, 2025, with approximately 87% of votes cast in favor.
- Nevada Reincorporation: Shareholders approved the reincorporation of the company from Delaware to Nevada by conversion. This proposal received approximately 83% of the votes cast in favor.
- Adjournment Proposal: Shareholders approved the authority to adjourn the meeting to solicit additional proxies if necessary for the reincorporation proposal, receiving approximately 80% of votes cast in favor.
Guidance, Outlook, and Risks
The filing references a press release issued on December 5, 2025, which contains forward-looking statements subject to "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995. No specific financial guidance, management commentary on operations, or detailed risk factors are provided within the text of this 8-K. The primary corporate action noted is the change of domicile to Nevada.
Investor Verification Checklist
- Verify the completion of the reincorporation process from Delaware to Nevada and any associated legal or tax implications.
- Review the full proxy statement filed on October 23, 2025, for detailed biographies of the newly elected directors and the rationale for the reincorporation.
- Confirm the impact of the high number of broker non-votes (661,214) on the effective voting power of the proposals.
- Check subsequent filings for the official certificate of conversion and any changes to the company's charter or bylaws resulting from the Nevada move.