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USFM Corporation amends merger with Twin Vee PowerCats

PRIVATEOct 08, 2026

Acquiring Company

USFM Corporation

Acquired Company

Twin Vee PowerCats

GoldenFort PierceMiningMineralManufacturing

Description

USFM Corporation and Twin Vee PowerCats announced amendments to their merger agreement. The revised agreement reflects updated ownership distribution and outlines the formation of a new entity, Twin Vee Holdco Inc. The merger is expected to close in late 2026 or early 2027, pending customary conditions.

Company Information

Company

USFM Corporation

Location

Golden, Colorado, United States

About

USFM Corporation is a privately held U.S.-based mineral exploration company focused on advancing critical mineral opportunities in stable jurisdictions. They are currently focused on the Disko-Nuussuaq Project in Greenland, which is one of the largest underexplored magmatic nickel districts.

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Frequently asked

Who acquired Twin Vee PowerCats?

Twin Vee PowerCats was acquired by USFM Corporation, based in Golden. The deal was reported on October 8, 2026. USFM Corporation is a privately held U.S.-based mineral exploration company focused on advancing critical mineral opportunities in stable jurisdictions. 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 and Twin Vee PowerCats announced amendments to their merger agreement. The revised agreement reflects updated ownership distribution and outlines the formation of a new entity, Twin Vee Holdco Inc. 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.