USFM and Twin Vee Amend Merger Agreement
USFM Corporation and Twin Vee PowerCats Co. amended their July 12, 2026 definitive merger agreement to change the transaction structure, add a requirement for USFM to seek an up to $5 million PIPE, and adjust the post-closing ownership split to 93% pre-closing USFM stockholders / 7% pre-closing Twin Vee stockholders. The parties expect closing in the fourth quarter of 2026 or the first quarter of 2027, subject to customary conditions.