Joseph Visconti's Message of the Week

Welcome back to CEO Update!


This week, I wanted to provide some details about the sale of Twin Vee's nearly finished industrial building in Marion, North Carolina, which offers 60,000 square feet of versatile industrial space. This property represents a remarkable opportunity for businesses looking to expand or establish a strategic operational base.


What makes this an even more compelling opportunity is the building's near-complete status, offering a cost-effective solution that allows a new owner to avoid the significant time and capital investment typically associated with ground-up construction. Furthermore, there's an opportunity to customize the final stages to specific operational needs.


Strategically located in Marion, the property benefits from convenient access to major highways, including Interstate 40, facilitating efficient distribution and logistics.

Marion boasts a thriving industrial sector with a skilled workforce and a supportive business environment, making it an ideal location for companies seeking growth and expansion. Here are some more highlights:


  • Cost-Effective Solution: Avoid the lengthy and expensive ground-up construction process with this nearly completed building.
  • Prime Job Market: North Carolina offers a skilled workforce and a supportive business environment.
  • Versatile Use: The property is adaptable to a range of industrial needs, making it a smart investment for growing businesses.
  • Room for Growth: The expansive 60,000-square-foot space allows for future expansion and adaptation as your business evolves.
  • Strategic Location: Marion's convenient location provides easy access to major highways and transportation routes, streamlining distribution.

If you or someone you know wants more information or is interested to learn about how this property can meet your specific business needs, please click the link below. Our team is available to provide comprehensive details.


Until next time, enjoy this week's CEO Update!

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Twin Vee Welcomes Buddy Sanders

to the Twin Vee Family!


A big Twin Vee welcome to Buddy Sanders! Buddy has just upgraded his boating experience in a big way, moving from a 30-foot boat to the awesome power and space of our 400 GFX2. We're thrilled to have Buddy join the Twin Vee community in our flagship boat model.


Life aboard a Twin Vee is all about making memories, and Buddy is already off to an impressive start! He recently embarked on a fishing trip to the beautiful waters of the Bahamas, where he caught a huge snapper.


But the adventure didn't stop with the catch. Buddy then enjoyed the ultimate reward: that very snapper, cooked ocean-side, not one, not two, but three delicious ways – sautéed to perfection, blackened with a flavorful kick, and classically fried. There’s nothing like fishing by day and feasting by night. Fresh caught and unforgettable.


Thank you to Buddy for sharing one of his first experiences on his brand new 400 GFX2!


To see Buddy's amazing catch for yourself, click the link below.

Courtesy of Boater's World Bradenton's Instagram: Looking for serious performance, unbeatable stability, and a smooth ride that eats up chop? The 22 BAY CAT is your answer! Powered by @twinvee's legendary #catamaran hull design, this versatile bay boat is perfect for both hardcore anglers and family adventurers.

All-In at Under $100K: Standard Features on the 22 BayCat


22 BayCat – Feature-Rich, Adventure-Ready

Don’t let the size fool you—this 22-footer punches way above its class. The 22 BayCat is Twin Vee’s shallow-water champ, designed to give anglers and families maximum performance with minimal upgrades.


Here’s what you get standard:


Fishing-Ready Features

  • (2) 25-gal Livewells with 800 GPH Pumps – Keep bait fresh and fish happy.
  • Tackle Center Under Helm Seat – Smart storage where it matters.
  • Rod Holders & Under-Gunwale Rod Storage – Everything has its place.
  • Stern Fold-Down Bench & Bow Day Bed Seating – Fish when you want, relax when you don’t.
  • Pre-Rigged for Trolling Motor and Power Poles – Hit the flats right away.


Premium Tech That’s Built-In

  • Battery Charger (3-Bank) + Selector Switch – Reliable power management onboard.
  • Backlit Rocker Switch Panel with USB & 12V Charging Ports – Clean and functional helm.
  • Rub Rail LED Navigation Lights & T-Top Spreader Lights – Stay safe and seen.
  • Pre-rigged wiring for trolling motor and power poles.


Built to Last

  • Vacuum-Infused All-Composite Construction – Durable, efficient, and strong.
  • Integrated Powder-Coated T-Top with 3-Sided Glass Windshield – Shelter and style standard.
  • Float-On Double Axle Trailer Included – Just hook up and go.


With a starting MSRP of $95,650 (boat, motor, trailer), this catamaran delivers unbeatable value for anyone ready to explore bays, flats, and beyond.

Oliver Meruvia - Boat Assembly Lead


This week's Employee Spotlight is on Oliver Meruvia!


Oliver is the Boat Assembly Lead and has been with Twin Vee since 2020. He is responsible for overseeing and coordinating the daily activities of the boat assembly team to ensure the efficient and high-quality construction of marine vessels.


The Boat Assembly Lead role includes supervising assembly operations, ensuring adherence to safety and quality standards, training team members, and working closely with engineering and production management to meet production goals.


He has experience with fiberglass, electrical systems, plumbing, and rigging.


Oliver has two wonderful children and loves attending their sporting events. Oliver enjoys watching soccer games and travels anytime he has the opportunity.

Twin Vee Announces Closing of Public Offering


On Monday, Twin Vee announced the closing of its underwritten public offering of 750,000 shares of its common stock. Each share of common stock was sold at a public offering price of $4.00 per share. Total gross proceeds from the offering, before deducting the underwriting discount and other offering expenses, were $3,000,000. The Company intends to use the net proceeds from the offering primarily for working capital and general corporate purposes.


To read the full press release, click the link below!

FORWARD-LOOKING STATEMENTS

This newsletter contains forward-looking statements that may discuss Twin Vee’s plans, goals, intentions and expectations as to future trends, events, results of operations, financial condition or other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and they often include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend,” and other similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on Twin Vee’s current beliefs and assumptions, are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. These factors could cause actual events to differ from expectations, should not be construed as exhaustive, and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors included in Twin Vee’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Except as required by law, Twin Vee undertakes no obligation to revise or update any forward-looking statement or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.