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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)




SCHEDULE 13D 0001070916 XXXXXXXX LIVE Common Stock, $0.001 par value per share 12/31/2024 true 0001855509 90177C101 Twin Vee PowerCats Co. 3101 S. US-1 Ft. Pierce FL 34982 Joseph C. Visconti (772) 429-2525 c/o Twin Vee PowerCats Co. 3101 S. US-1 Ft. Pierce FL 34982 0001070916 N Joseph C. Visconti PF OO N X1 3271854.00 0.00 3271854.00 0.00 3271854.00 N 20.8 IN Percentage is based on 14,874,480 shares of Common Stock issued and outstanding as of December 31, 2024 and 842,712 shares of Common Stock issuable upon options that will vest and be exercisable within 60 days of December 31, 2024. Excludes 373,199 shares of Common Stock issuable upon the exercise of outstanding options which are not currently exercisable. Common Stock, $0.001 par value per share Twin Vee PowerCats Co. 3101 S. US-1 Ft. Pierce FL 34982 Joseph C. Visconti The principal business address of the Reporting Persons is: c/o Twin Vee PowerCats Co, 3101 S. US-1, Ft. Pierce, Florida 34982. The Reporting Person is the Chairman of the Board and Chief Executive Officer of the Issuer. During the past five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). During the past five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. United States The shares of Common Stock reported herein as beneficially owned by the Reporting Person were: (i) purchased with personal funds; (ii) granted as compensation for the Reporting Person's services as an employee of the Issuer; (iii) acquired as merger consideration in connection with the merger of Twin Vee Powercats, Inc. with and into Twin Vee PowerCats Co. effective November 29, 2022; or (iv) acquired as merger consideration in connection with the merger of Twin Vee Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of the Issuer with and into Forza X1, Inc., a Delaware corporation ("Forza") effective as of November 26, 2024, with Forza surviving such merger (the "Forza Merger") as a wholly-owned subsidiary of the Issuer. The Reporting Person may, from time to time, acquire additional shares of Common Stock (1) by the exercise or vesting of currently held options (See Annex A), (2) by the grant of additional options to the Reporting Person by the Issuer, (3) from time to time in open market purchases for investment purposes if market conditions are favorable, or (4) any combination of the foregoing. The responses set forth in rows 11 through 13 and the related "Comments for Type of Reporting Person" on the cover page to this Schedule 13D are incorporated by reference into this Item 5. The responses set forth in rows 7 through 10 and the related "Comments for Type of Reporting Person" on the cover page to this Schedule 13D are incorporated by reference into this Item 5. Except as set forth in Annex A, the Reporting Person has not effected any transactions in securities of the Issuer during the past 60 days. No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock beneficially owned by the Reporting Persons. Not applicable. Other than as indicated in this statement, the Reporting Person is not party to any contract, arrangement, understanding, or relationship (legal or otherwise) with any person with respect to any securities of the Issuer, including but not limited to, the transfer or voting of any of the Issuer's securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Joseph C. Visconti /s/ Joseph C. Visconti Joseph C. Visconti 01/03/2025