Item 2.01. Completion of Acquisition or Disposition of Assets.

On December 5, 2022 (the "Closing Date"), pursuant to the terms of the Agreement and Plan of Merger, dated as of September 8, 2022 (the "Merger Agreement"), by and between Twin Vee PowerCats Co. (the "Company" or "Twin Vee Co.") and Twin Vee Powercats, Inc., a Florida corporation ("Twin Vee Inc."), Twin Vee Inc. was merged with and into the Company (the "Merger").

The Merger became effective on December 5, 2022, when the certificates of merger of the Company and Twin Vee Inc. were filed with the Secretaries of State of the State of Delaware and the State of Florida (the "Effective Time"). At the Effective Time, (a) the holders of Twin Vee Inc. common stock received in the Merger one share of Twin Vee Co. common stock in exchange for each 41.7128495 shares of Twin Vee Inc. common stock that they owned, for a maximum of 4,000,000 shares of Twin Vee Co. common stock (no fractional shares of Twin Vee Co. common stock were issued) and (b) the 4,000,000 shares of Twin Vee Co. common stock held by Twin Vee Inc. were canceled and retired. Each holder of shares of Twin Vee Inc. common stock who would otherwise be entitled to a fraction of a share of Twin Vee Co. common stock (after aggregating all fractional shares of Twin Vee Co. common stock that otherwise would be received by such holder) will, in lieu of such fraction of a share, be paid in cash the dollar amount (rounded to the nearest whole cent), without interest, determined by multiplying such fraction by $2.09, which is equal to the volume weighted average closing trading price of a share of Twin Vee Co. common stock for the five consecutive trading days ending immediately prior to December 5, 2022. After the Merger, Twin Vee Co. had approximately 9,520,000 shares of common stock of Twin Vee Co. outstanding, which is substantially the same as it was immediately prior to the merger.

The foregoing description of the Merger and the Merger Agreement, and transactions contemplated thereby, does not purport to be complete and is qualified in its entirety by reference to the full text of the Merger Agreement, a copy of which is set forth as Annex A to the Company's Joint Proxy Statement/Prospectus filed with the Securities and Exchange Commission (the "SEC") on October 31, 2022, and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

((a) Financial Statements of Businesses Acquired.

Twin Vee Powercats, Inc.'s audited and unaudited historical financial statements and related notes thereto set forth in Annex C of the Joint Proxy Statement/Prospectus are hereby incorporated by reference herein.

(b) Pro Forma Financial Information.

The unaudited pro forma financial information and related notes thereto set forth under the caption "Unaudited Pro Forma Combined Consolidated Financial Information of Twin Vee Co. and Twin Vee Inc." on pages 43 through 46 of the Joint Proxy Statement/Prospectus are hereby incorporated by reference herein.





(d) Exhibits.



Exhibit
Number    Description

2.1         Agreement and Plan of Merger, dated as of September 8, 2022 by and among
          Twin Vee PowerCats Co. and Twin Vee Powercats, Inc. (incorporated by
          reference to Annex A to the Company's Joint Proxy Statement/Prospectus
          filed with the SEC on October 31, 2022).
23.1        Consent of Grassi & Co., CPAs, P.C., Independent Registered Public
          Accounting Firm.
104       Cover Page Interactive Data File (embedded within the Inline XBRL
          document).

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