Twin vee powercats co. announces closing of initial public offering

Fort pierce, fl / accesswire / july 23, 2021 / twin vee powercats co. (nasdaq:veee), ("twin vee" or the "company") a designer, manufacturer and marketer of recreational and commercial power catamaran boats, today announced the closing of its initial public offering of 3,000,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of $18,000,000, before deducting underwriting discounts and offering expenses. in addition, the company has granted the underwriters a 45-day option to purchase up to an additional 450,000 shares of common stock to cover over-allotments at the initial public offering price, less the underwriting discount.
VEEE Ratings Summary
VEEE Quant Ranking