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Twin Vee PowerCats Co. Regains Compliance with Nasdaq Minimum Bid Price Requirement

1. Twin Vee (VEEE) regains compliance with Nasdaq minimum bid price requirements. 2. The stock price has been above $1.00 for 13 consecutive days.

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FAQ

Why Bullish?

Regaining compliance typically restores investor confidence, potentially driving stock prices higher. Historical instances show stocks recovering after compliance notices lead to positive price movements.

How important is it?

Restoration of compliance is crucial for maintaining investor trust and could lead to increased trading activity and market interest.

Why Short Term?

Immediate price adjustments may occur as investor sentiment shifts, but sustainability depends on ongoing performance.

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FORT PIERCE, FL / ACCESS Newswire / April 30, 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 received written notification on April 28, 2025 from the Listings Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. Twin Vee was informed that for 13 consecutive business days, from April 8, 2025 through April 25, 2025, the closing bid price of the Company's common stock has been $1.00 per share or greater.

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