On March 12, 2026, Twin Vee PowerCats Co. announced that it has entered into a lease agreement with Visconti Holdings, LLC for a 7.5-acre office and production facility located at 3101 S US-1, Fort Pierce, Florida. The facility includes several buildings totaling approximately 100,000 square feet, which features a nearly complete 30,000 square foot expansion. The lease agreement has a term of five years, commencing on January 1, 2026, and expiring on December 31, 2030, with an option to renew for two additional five-year terms. The initial base rent is set at $48,208.33 per month, plus applicable sales and use tax, which is currently 7% in St. Lucie County. The lease also includes customary annual rent escalations, and the company will be responsible for real property taxes during the lease term. This agreement was reviewed and approved by the Audit Committee of the Board, which is responsible for overseeing related party transactions. Notably, Visconti Holdings, LLC is owned and controlled by Joseph Visconti, who serves as the Chief Executive Officer, Interim Chief Financial Officer, President, and Chairman of the Board of Twin Vee PowerCats Co. This strategic move is expected to enhance the company's operational capabilities and support its growth objectives.

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