Twin Vee PowerCats, Co. 8-K

What Happened
Twin Vee PowerCats, Co. (VEEE) filed a Form 8-K on January 12, 2026 disclosing that on January 9, 2026 the Board appointed Joseph Visconti as Interim Chief Financial Officer effective immediately. Mr. Visconti, age 61, will serve as the Company’s Chief Executive Officer, Interim Chief Financial Officer, President and Chairman of the Board and will act as the principal executive officer, principal financial officer and principal accounting officer. He succeeds Scott Searles, whose employment terminated effective January 9, 2026.

Key Details

• Appointment effective: January 9, 2026; 8-K filed January 12, 2026.
• Roles: Joseph Visconti now holds CEO, Interim CFO, President and Chairman titles; he has been CEO and Chairman since 2015 and was reappointed President in January 2025.
• Related-party lease: Company pays Visconti Holdings, LLC $36,456 per month plus applicable sales & use tax (6.5% in St. Lucie County) under a lease converted to month-to-month on Dec 30, 2025 (original lease dated Jan 1, 2021; term expired Dec 31, 2025).
• No family relationships between Mr. Visconti and other directors/executive officers; other than the lease, no material related-party transactions were reported.

Why It Matters
This is an executive change disclosure (Item 5.02) that consolidates top leadership and financial reporting responsibilities in one person — useful for investors tracking management stability and oversight. The filing also highlights a ongoing related-party lease expense (monthly cash outflow and local sales tax) that investors should consider when assessing operating costs and related-party arrangements.