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USFM amends merger terms with Twin Vee

PRIVATEOct 08, 2026

Acquiring Company

USFM Corporation

Acquired Company

Twin Vee PowerCats

TexasFort PierceVenture CapitalAngel InvestmentManufacturing

Description

USFM Corporation and Twin Vee PowerCats Co. have amended their merger agreement to increase USFM shareholders' ownership to 93%. This revision requires USFM to pursue a PIPE financing of up to $5 million. The merger will form Twin Vee Holdco Inc. as the parent company for both entities. This strategic move is expected to enhance the combined company’s market position.

Company Information

Company

USFM Corporation

Location

Texas, United States

About

USFM Corporation is a company focused on specialized investments and business operations. It has strategic plans for growth and expansion in various sectors. The company aims to enhance shareholder value through innovative approaches and partnerships. USFM is preparing to leverage its position through the upcoming merger.

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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 8, 2026. USFM Corporation is a company focused on specialized investments and business operations. It has strategic plans for growth and expansion in various sectors. USFM Corporation is privately held and operates in Venture Capital.

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 Co. have amended their merger agreement to increase USFM shareholders' ownership to 93%. This revision requires USFM to pursue a PIPE financing of up to $5 million. The merger will form 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.