VEEE Twin Vee Powercats, Co. - 8-K

Item 3.01. Notice of Delisting or Failure to Satisfy
a Continued Listing Rule or Standard; Transfer of Listing.

On April 2, 2026, Twin Vee PowerCats Co. (the “Company”)
received written notice (the “Notification Letter”) from the staff of the Listing Qualifications Department (the “Staff”)
of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it no longer satisfies the $1.00 bid price requirement
set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires
listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to
meet the minimum bid price requirement exists if the deficiency continues for a period of thirty (30) consecutive business days (collectively,
the “Bid Price Rule”). Based on the closing bid price of the Company’s common stock, par value $0.001 per share (the
“Common Stock”), for the thirty (30) consecutive business days from February 18, 2026 to March 31, 2026, the Company no longer
satisfies the Bid Price Rule.

While companies are typically afforded a 180-calendar
day compliance period to comply with the Bid Price Rule, the Notification Letter stated that, pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv),
the Company was not eligible for any compliance period specified in Nasdaq Listing Rule 5810(c)(3)(A) due to the fact that the Company
effected a reverse stock split over the prior one-year period. The Company effected a 1-for-10 reverse stock split on April 7, 2025.

The Notification Letter stated that the Company’s
securities will be subject to delisting from Nasdaq unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the
“Panel”) by April 9, 2026. Accordingly, the Company intends to timely request a hearing before the Panel, and at which point,
such timely request will automatically stay any further suspension or delisting action by Nasdaq pending the Panel’s decision. During
the appeal process with the Panel, the Common Stock will continue to be listed and trade on Nasdaq. There can be no assurance that the
Panel will grant the Company’s request for continued listing or that the Company will be able to regain compliance and thereafter
maintain its listing on Nasdaq.

The Company intends to actively monitor the bid price
of its Common Stock and is considering available options to regain compliance with the Nasdaq listing requirements, including such actions
as effecting a reverse stock split to maintain its Nasdaq listing.