Twin Vee PowerCats, USFM agree to holdco merger
Twin Vee PowerCats entered an amended merger agreement with USFM to combine under a new holding company, with Twin Vee stockholders set to receive a pro rata 7% stake in Pubco.
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Twin Vee PowerCats files merger agreement 8-K
Twin Vee PowerCats filed an 8-K disclosing an amended and restated merger agreement with USFM Corporation. The agreement outlines a two-step merger structure, consideration terms and possible termination fees.