 FORT PIERCE, FL ACCESSWIRE July 23, 2021 Twin Vee PowerCats Co. NASDAQ:VEEE, Twin Vee or the Company a designer, manufacturer and marketer of recreational and commercial power catamaran boats, today announced the closing of its initial public offering of 3,000,000 shares of its common stock at a public offering price of 6.00 per share, for gross proceeds of 18,000,000, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 450,000 shares of common stock to cover over-allotments at the initial public offering price, less the underwriting discount. 