Twin Vee PowerCats FWP Presentation Deck slide image

Twin Vee PowerCats FWP Presentation Deck

TWIN VEE POWERCATS CO. COMPANY OVERVIEW Known as "THE BEST RIDING BOATS ON THE WATER". Founded in 1996: Twin Vee PowerCats has become one of the most recognizable names in the power catamaran sport boat category. Location: Fort Pierce, Florida, located along the Treasure Coast. Current facility is over 65,000 square feet of manufacturing space with an additional planned 35,000 square feet to increase production capacity. Team: 160 full-time employees including lamination, assembly, rigging, finish, upholstery, quality control, admin, sales and marketing. Current Models: 6 GFX models ranging in size from 24 feet to 40 feet with many new models currently being designed and tooled. New Models: The all-new 400 GFX and 260 GFX are now in full production and have officially been added to our expanding model line. Price Points: Twin Vee PowerCats range from approximately $85,000 for a 24-footer to over $860,000 for a fully equipped 400 GFX Distribution: Twin Vee utilizes 25 dealer locations in the U.S. and the Caribbean with expansion plans into Michigan, West Coast, and the Ozarks Entering the Electric Boat Market 4 As a majority shareholder of Forza X1, Inc. (Nasdaq: FRZA), an early entrant into the EV boat market which expects to commence sales to customers in mid-2023, we ar well positioned to benefit from growing demand for electric boats. Nasdaq | VEEE 4
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