Twin Vee Powercats Inc (VEEE)

[cantgetmyname]

What is the relation between TVCP and VEEE? They are updating quarterly at OTC markets but now its VEEE on Nasdaq?

Is TVCP dead? This is confusing to me.

EDIT: nevermind, just had to read the news. DUH!!


For the period between 2016 through July 20, 2021, TVPC was the parent company and Twin Vee PowerCats Co. was its wholly-owned, operating subsidiary. On July 20, 2021 Twin Vee PowerCats Co., TVPC's subsidiary, became a publicly-traded company on NASDAQ and now trades under the ticker symbol VEEE.

TVPC, the parent company, remains the largest shareholder of Twin Vee PowerCats Co. owning 4,000,000 shares of common stock of Twin Vee PowerCats Co. on the TVPC balance sheet.

As of today, TVPC has nominal business operations and TVPC's main asset remains the 4,000,000 VEEE shares.