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Twin Vee Announces 1-For-10 Reverse Stock Split

1. Twin Vee will implement a 1-for-10 reverse stock split on April 7, 2025. 2. Post-split, VEEE will trade on a split-adjusted basis starting April 8, 2025.

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FAQ

Why Bearish?

Reverse stock splits often signal distress or low confidence from management. Historically, companies that enact splits like this face increased scrutiny and potential declines in stock value.

How important is it?

The announcement of a reverse stock split is significant for investor perception and may affect trading sentiment. The relationship between such splits and market performance creates urgency for investors to reassess their holdings in VEEE.

Why Short Term?

The immediate impact will be felt once trading resumes; investor sentiment may quickly react negatively right after the event.

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NASDAQ:VEEE
Common Stock Will Begin Trading on a Split-Adjusted Basis on April 8, 2025 FORT PIERCE, FL / ACCESS Newswire / April 4, 2025 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, today announced that it will implement a 1-for-10 reverse stock split of the issued and outstanding shares of the Company's common stock (the "Reverse Stock Split"), effective 11:59 p.m. Eastern Time on April 7, 2025, and the Company's common stock will begin trading on the Nasdaq Capital Market on a split-adjusted basis at the opening of the market on April 8, 2025 under the existing ticker symbol "VEEE.

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