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Twin Vee PowerCats Appoints Scott Searles as Interim CFO

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Twin Vee PowerCats Appoints Scott Searles as Interim CFO

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An update from Twin Vee PowerCats ( (VEEE) ) is now available.

Twin Vee PowerCats Co. has appointed Scott Searles as the Interim Chief Financial Officer effective September 17, 2025, while the company searches for a permanent successor. Searles brings 20 years of experience in finance and operational roles, having held positions at The Nuclear Company, PODS Enterprises LLC, and Walmart Inc. His appointment is accompanied by an employment agreement for a term of ninety days, with a base salary of $60,000 and eligibility for stock options. The agreement includes provisions for termination and post-termination conditions, such as a non-compete clause and confidentiality obligations.

The most recent analyst rating on (VEEE) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Twin Vee PowerCats stock, see the VEEE Stock Forecast page.

Spark’s Take on VEEE Stock

According to Spark, TipRanks’ AI Analyst, VEEE is a Neutral.

The overall stock score of 54 reflects significant challenges in financial performance, particularly in profitability and cash flow. However, positive developments from recent earnings and strategic corporate events provide some optimism for future growth. Technical indicators suggest mixed signals, with short-term momentum but long-term bearish trends.

To see Spark’s full report on VEEE stock, click here.

More about Twin Vee PowerCats

Average Trading Volume: 1,455,522

Technical Sentiment Signal: Sell

Current Market Cap: $5.35M

For detailed information about VEEE stock, go to TipRanks’ Stock Analysis page.

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