UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 17, 2026, Twin Vee PowerCats Co. (the “Company”) delivered a notice of non-renewal (the “Notice”) pursuant to the terms of the Employment Agreement, effective as of July 23, 2021, with Joseph Visconti (the “Employment Agreement”). The Notice shall be treated as a non-renewal of the Employment Agreement beyond the Initial Term (as defined in the Employment Agreement), which will remain in full force and effect through the expiration of the Initial Term on July 23, 2026 in accordance with its full terms and conditions. The non-renewal was not due to any disagreement between Mr. Visconti and the Company on any matter.
Following July 23, 2026, Mr. Visconti will continue to serve as the Company’s Chief Executive Officer, Interim Chief Financial Officer and President on an at-will basis.
The foregoing summary of the Employment Agreement does not purport to be complete and is subject to and qualified in its entirety by reference to the full text of the Employment Agreement, a copy of which was filed as Exhibit 10.7 to the Company’s Registration Statement on Form S-1/A (File No. 333-255134), filed with the Securities and Exchange Commission on June 17, 2021.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: May 20, 2026 | TWIN VEE POWERCATS CO. | |
| By: | /s/ Joseph Visconti | |
| Name: | Joseph Visconti | |
| Title: | Chief Executive Officer, Interim Chief Financial Officer and President | |