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Twin Vee PowerCats Acquires BoatsForSale.com and YachtsForSale.com: The Acquisition Accelerates Twin Vee's Evolution into a Diversified Recreational Company

1. Twin Vee acquires key digital assets, boosting market presence. 2. The online marketplace has over 42,000 listings, enhancing visibility.

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FAQ

Why Bullish?

The acquisition of significant digital assets can enhance revenue potential and market share, similar to how other companies that expanded their platforms saw stock price increases.

How important is it?

Acquiring a popular online marketplace aligns with Twin Vee's growth strategy and could significantly impact its sales and market position.

Why Long Term?

This strategic acquisition could lead to sustained revenue growth over time, as seen in cases where companies improved their digital footprint and customer reach.

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OWRM
FORT PIERCE, FL / ACCESS Newswire / February 10, 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 has entered into an agreement to acquire two significant digital assets from OneWater Marine - BoatsForSale.com and YachtsForSale.com. These platforms represent the third-largest online boat marketplace in the United States, with over 42,000 unique listings.

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