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USFM Corporation to acquire Twin Vee PowerCats

PRIVATEOct 09, 2026

Acquiring Company

USFM Corporation

Acquired Company

Twin Vee PowerCats

TexasFort PierceNatural ResourcesMiningMineralManufacturing

Description

On October 7, 2026, USFM Corporation and Twin Vee PowerCats entered into an amended merger agreement, creating a new holding company, Twin Vee Holdco Inc. Under the new terms, Twin Vee shareholders will hold 7%, while USFM shareholders will control 93% of the post-merger equity. The merger is expected to provide enhanced strategic and financial flexibility, with completion anticipated in late 2026 or early 2027.

Company Information

Company

USFM Corporation

Location

Texas, United States

About

USFM Corporation focuses on critical minerals and has a strategy centered around Greenland. The company aims to leverage market opportunities in ethical mineral extraction. Their innovative approach to resource management positions them as a leader in the industry.

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 Texas. The deal was reported on October 9, 2026. USFM Corporation focuses on critical minerals and has a strategy centered around Greenland. The company aims to leverage market opportunities in ethical mineral extraction. USFM Corporation is privately held and operates in Natural Resources.

When did USFM Corporation acquire Twin Vee PowerCats?

USFM Corporation's acquisition of Twin Vee PowerCats was reported on October 9, 2026. On October 7, 2026, USFM Corporation and Twin Vee PowerCats entered into an amended merger agreement, creating a new holding company, 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.