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An update from Twin Vee PowerCats ( (VEEE) ) is now available.
On July 28, 2025, Twin Vee PowerCats Co. and its subsidiary Wizz Banger, Inc. amended their agreement with Revver Digital, LLC to acquire intellectual property from One Water Marine Inc. This amendment clarifies rights, assigns the agreement to Wizz Banger, and includes a company guaranty for Wizz Banger’s obligations. The acquisition involves a $5 million payment, adjusted for royalties and credits, and positions Twin Vee PowerCats to enhance its online marketplace operations for yachts and boats, potentially impacting its market presence and stakeholder interests.
Spark’s Take on VEEE Stock
According to Spark, TipRanks’ AI Analyst, VEEE is a Neutral.
Twin Vee PowerCats faces significant financial challenges with declining revenue and negative cash flows. While recent operational improvements and strategic initiatives offer potential growth, valuation concerns and ongoing losses weigh heavily on the overall stock score.
To see Spark’s full report on VEEE stock, click here.
More about Twin Vee PowerCats
Twin Vee PowerCats Co. operates in the marine industry, focusing on the production and sale of power catamarans. The company also engages in the online marketplace for yachts and boats through its subsidiary Wizz Banger, Inc., offering services related to advertisement, marketing, and sale of marine vessels and accessories.
Average Trading Volume: 1,764,439
Technical Sentiment Signal: Sell
Current Market Cap: $4.86M
Find detailed analytics on VEEE stock on TipRanks’ Stock Analysis page.