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USFM to acquire Twin Vee in amended merger deal

RECENTLY ACQUIREDOct 08, 2026

Acquiring Company

USFM Corporation

Acquired Company

Twin Vee PowerCats

GreenlandFort PierceMiningMineralManufacturing

Description

USFM Corporation has amended its merger agreement with Twin Vee PowerCats Co., positioning USFM to acquire Twin Vee. The new agreement includes a revised transaction structure and changes in ownership percentages. Both companies expect the transaction to close in late 2026 or early 2027, pending regulatory approvals. This deal aims to provide strategic and financial flexibility for the combined business.

Company Information

Company

USFM Corporation

Location

Greenland

About

USFM Corporation is a developer of strategic mineral interests. The company focuses on acquiring and managing mineral resources. It aims to create value through strategic partnerships and investment in the mineral sector.

Fundz sees it the moment USFM Corporation makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Twin Vee PowerCats?

Twin Vee PowerCats was acquired by USFM Corporation, based in Greenland. The deal was reported on October 8, 2026. USFM Corporation is a developer of strategic mineral interests. The company focuses on acquiring and managing mineral resources. USFM Corporation is privately held and operates in Mining.

When did USFM Corporation acquire Twin Vee PowerCats?

USFM Corporation's acquisition of Twin Vee PowerCats was reported on October 8, 2026. USFM Corporation has amended its merger agreement with Twin Vee PowerCats Co., positioning USFM to acquire Twin Vee. The new agreement includes a revised transaction structure and changes in ownership percentages. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Twin Vee PowerCats do?

Twin Vee PowerCats Co. is a manufacturer of high-quality, offshore fishing and recreational boats recognized for their fuel efficiency, ride quality, and performance. The company has a 30-year heritage in delivering top-notch products to the market. It is publicly traded (VEEE), operating in Manufacturing, and is based in Fort Pierce.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.