Twin Vee PowerCats, Co. (VEEE) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 4615.67% of current shares
Recent Dilution: 106.66% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
530K
Potential Supply
24M
Additional shares possible
Splits
None
Past 2 years

Summary

VEEE currently has 529K outstanding shares. with significant dilution risk as 24.4M authorized shares could dilute existing holders by 4615.7%. The company has significantly diluted shareholders by 106.66% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 0.5M shares outstanding

530K 24M
Jan 26, 2026

S-1/A filing: Twin Vee PowerCats Co. is offering up to 10,606,061 shares of common stock and/or pre-funded warrants, with net proceeds of approximately $15.8 million intended for working capital and general corporate purposes.

2.2M 24M
Jan 09, 2026

S-1 filing: Twin Vee PowerCats Co. is offering up to 8,883,249 shares of common stock and/or pre-funded warrants in an S-1 filing.

2.2M 12M
Nov 06, 2025

10-Q filing | 2.2M shares outstanding

2.2M 3.2M
Aug 07, 2025

10-Q filing | 2.2M shares outstanding

2.2M 3.2M
May 12, 2025

8-K filing: Twin Vee PowerCats Co. executed a firm commitment underwritten public offering of 750,000 shares of common stock at $4.00 per share, with ThinkEquity LLC as the underwriter, and issued warrants to the underwriter to purchase up to 37,500 shares. ($3.0M proceeds)

1.5M 3.2M
May 08, 2025

10-Q filing | 1.5M shares outstanding

1.5M 3.2M
Mar 20, 2025

10-K filing | 14.9M shares outstanding

15M 3.2M
Nov 14, 2024

10-Q filing | 9.5M shares outstanding

9.5M 3.2M
Aug 14, 2024

10-Q filing | 9.5M shares outstanding

9.5M 3.2M
Aug 12, 2024

8-K filing: Twin Vee PowerCats Co. entered into a Merger Agreement with Forza X1, Inc., where Forza will merge with Twin Vee Merger Sub, Inc., with each share of Forza common stock (excluding shares held by Twin Vee) being converted into the right to receive 0.61166627 shares of Twin Vee common stock, resulting in an aggregate of 5,355,000 shares of Twin Vee common stock.

9.5M 3.2M
May 15, 2024

10-Q filing | 9.5M shares outstanding

9.5M 3.2M
Mar 27, 2024

10-K filing | 9.5M shares outstanding

9.5M 3.2M
Nov 14, 2023

10-Q filing | 9.5M shares outstanding

9.5M 3.2M
Aug 14, 2023

10-Q filing | 9.5M shares outstanding

9.5M 3.2M
May 15, 2023

10-Q filing | 9.5M shares outstanding

9.5M 3.2M
Mar 30, 2023

10-K filing | 9.5M shares outstanding

9.5M 3.2M
Nov 09, 2022

10-Q filing | 9.5M shares outstanding

9.5M 3.2M
Oct 03, 2022

8-K filing: Twin Vee PowerCats Co. closed its public offering of 2,500,000 shares of common stock at $2.75 per share, for gross proceeds of $6,875,000. ($6.88M proceeds)

3M 3.2M
Sep 30, 2022

8-K filing: Twin Vee PowerCats Co. entered into an underwriting agreement to sell 2,500,000 shares of common stock at $2.75 per share, with an option for the underwriter to purchase an additional 375,000 shares, and warrants to purchase up to 143,750 shares, with the offering expected to close on October 3, 2022. ($6.88M proceeds)

3M 3.2M
Aug 17, 2022

8-K filing: Forza X1, Inc., a subsidiary of Twin Vee PowerCats Co., consummated its initial public offering of 3,450,000 shares of its common stock at a public offering price of $5.00 per share, generating gross proceeds of $17,250,000. ($17.25M proceeds)

3M 3.2M
Aug 15, 2022

S-3 filing: Twin Vee Powercats Co. files an S-3 to offer and sell up to $100,000,000 of any combination of common stock, preferred stock, debt securities, warrants or units.

3M 3.2M
Aug 12, 2022

10-Q filing | 7.0M shares outstanding

7M 3.2M
May 12, 2022

10-Q filing | 7.0M shares outstanding

7M 3.2M
Mar 31, 2022

10-K filing | 7.0M shares outstanding

7M 3.2M
Nov 15, 2021

10-Q filing | 7.0M shares outstanding

7M 3.2M
Aug 24, 2021

10-Q filing | 7.0M shares outstanding

7M 3.2M
Jul 26, 2021

8-K filing: Twin Vee Powercats Co. consummated its initial public offering of 3,000,000 shares of its common stock at $6.00 per share, generating gross proceeds of $18,000,000. ($18.0M proceeds)

4M 3.2M
Jul 02, 2021

S-1/A filing: This is a firm commitment initial public offering of shares of common stock of Twin Vee PowerCats Co.

4M 3.2M
Jun 17, 2021

S-1/A filing: This is a firm commitment initial public offering of shares of common stock of Twin Vee PowerCats Co. We are offering 2,800,000 shares of our common stock. We anticipate that the initial public offering price of our shares will be between $5.00 and $6.00 per share. We have granted a 45-day option to the representative of the underwriters to purchase up to 420,000 additional shares of common stock solely to cover over-allotments, if any.

4M 3.2M
Jun 02, 2021

S-1/A filing: This is a firm commitment initial public offering of shares of common stock of Twin Vee PowerCats Co. We are offering 2,800,000 shares of our common stock and have granted a 45-day option to purchase up to 420,000 additional shares of common stock solely to cover over-allotments, if any.

4M 3.2M
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