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Twin Vee PowerCats ( (VEEE) ) has issued an update.
On June 12, 2025, Twin Vee PowerCats Co. and its subsidiary, Wizz Banger, Inc., announced the adoption of the Wizz Banger 2025 Subsidiary Stock Incentive Plan. This plan aims to incentivize directors, officers, employees, and consultants by granting equity interests in Wizz Banger, aligning their efforts with corporate goals and sharing in the company’s success. The plan, managed by the Compensation Committee, initially reserves 2,800,000 shares of Wizz Banger common stock for issuance, with various stock-based awards available. On the same date, Joseph Visconti and Thomas Huffman were each granted options to purchase up to 1,400,000 shares of Wizz Banger stock.
Spark’s Take on VEEE Stock
According to Spark, TipRanks’ AI Analyst, VEEE is a Neutral.
Twin Vee PowerCats’ overall stock score is primarily hampered by poor financial performance and negative valuation metrics. While there are positive developments from the earnings call and corporate acquisition, the ongoing financial challenges and bearish technical indicators weigh heavily on the stock’s potential.
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 of power catamarans and related marine products.
Average Trading Volume: 1,751,373
Technical Sentiment Signal: Sell
Current Market Cap: $4.97M
For an in-depth examination of VEEE stock, go to TipRanks’ Overview page.