證券交易委員會
華盛頓特區20549
安排 13D
(規則13d-101)
根據第13號規則提交的報表應包含的信息d-1(a)。 並且
修正案 根據第13條規則提交的修正案d-2(a)
根據1934年證券交易法
(修正案號。)*
雙體Vee PowerCats公司。
(發行人名稱)
納斯達克證券交易所
(證券種類名稱)
90177C101
(CUSIP編號)
Joshua S. Horowitz
Palm Management (美國) 有限責任公司
19 West Elm Street
康涅狄格州格林威治 06830
(203) 302-7000
抄送:
Jurgita Ashley
Thompson Hine LLP
Key Center 3900
Public Square 127
俄亥俄州克利夫蘭44114
(216) 566-5500
如果申報人此前已在表格13G上報告本表13D的對象所涉及的獲取情況,並且
因爲規則13d-l(e)、13d-l(f)或13d-l(g)的緣故而報告此表格,請打勾此框☐。
)
2024年10月24日
(需要提交本聲明的事項的日期)
如果申報人以前曾提交過13G表格報告本13D表的主題收購,且因爲§§ 240.13d-1(e)、240.13d-1(f)或240.13d-1(g)而提交了本表,選中下面的方框。 ¨.
*此封面其餘部分應填寫報告人就涉及該證券類別的初始申報,以及任何後續修正披露在先前封面提供的信息的修正申報。
第2頁/7頁請參閱 票據 ).
CUSIP編號90177C101 | 13D | 頁數 2 / 10 頁 |
1 |
報告人名稱 Palm Management (美國) 有限責任公司 |
|
2 | 如果是一組的成員,請檢查適當的框(見說明書) | (a) ¨ (b) ¨ |
3 | 僅供SEC使用 | |
4 |
所有基金類型的資金來源 AF |
|
5 | 請檢查是否根據2(d)或2(e)條款需要披露法律訴訟事項 | ¨ |
6 |
公民身份或組織地點 特拉華州 |
持有的受益股份數量 每個報告人持有的受益股份數量 有益的 擁有人 每個 報告的 個人擁有 |
7 |
唯一擁有投票權的股份數量 0 |
8 |
具有共同投票權 510,000 | |
9 |
具有唯一處理權 0 | |
10 |
具有共同處理權 510,000 |
11 |
報告人受益擁有的合計金額 510,000 | |
12 | 如果第11行的聚合金額排除某些股票,請勾選選框。 | ¨ |
13 |
第(11)列金額所代表的類別所佔的百分比。 5.4% |
|
14 |
報告人類型 OO |
CUSIP編號90177C101 | 13D | 第3頁 共10頁 |
1 |
報告人名稱 棕櫚全球貨幣小盤主基金 |
|
2 | 如果是一組的成員,請檢查適當的框(見說明書) | (a) ¨ (b) ¨ |
3 | 僅供SEC使用 | |
4 |
所有基金類型的資金來源 未知 |
|
5 | 請檢查是否根據2(d)或2(e)條款需要披露法律訴訟事項 | ¨ |
6 |
公民身份或組織地點 開曼群島 |
持有的受益股份數量 每個報告人持有的受益股份數量 有益的 擁有人 每個 報告的 個人擁有 |
7 |
唯一擁有投票權的股份數量 0 |
8 |
具有共同投票權 510,000 | |
9 |
具有唯一處理權 0 | |
10 |
具有共同處理權 510,000 |
11 |
報告人受益擁有的合計金額 510,000 | |
12 | 如果第11行的聚合金額排除某些股票,請勾選選框。 | ¨ |
13 |
第(11)列金額所代表的類別所佔的百分比。 5.4% |
|
14 |
報告人類型 PN |
CUSIP編號90177C101 | 13D | 第4頁 共10頁 |
1 |
報告人名稱 Bradley C. Palmer |
|
2 | 如果是一組的成員,請檢查適當的框(見說明書) | (a) ¨ (b) ¨ |
3 | 僅供SEC使用 | |
4 |
所有基金類型的資金來源 AF |
|
5 | 請檢查是否根據2(d)或2(e)條款需要披露法律訴訟事項 | ¨ |
6 |
公民身份或組織地點 美利堅合衆國 |
持有的受益股份數量 每個報告人持有的受益股份數量 有益的 擁有人 每個 報告的 個人擁有 |
7 |
唯一擁有投票權的股份數量 0 |
8 |
具有共同投票權 510,000 | |
9 |
具有唯一處理權 0 | |
10 |
具有共同處理權 510,000 |
11 |
報告人受益擁有的合計金額 510,000 | |
12 | 如果第11行的聚合金額排除某些股票,請勾選選框。 | ¨ |
13 |
第(11)列金額所代表的類別所佔的百分比。 5.4% |
|
14 |
報告人類型 所在 |
CUSIP編號90177C101 | 13D | 第 5 頁 共 10 頁 |
1 |
報告人名稱 Joshua S. Horowitz |
|
2 | 如果是一組的成員,請檢查適當的框(見說明書) | (a) ¨ (b) ¨ |
3 | 僅供SEC使用 | |
4 |
所有基金類型的資金來源 所有基金類型; 公墓基金 |
|
5 | 請檢查是否根據2(d)或2(e)條款需要披露法律訴訟事項 | ¨ |
6 |
公民身份或組織地點 美利堅合衆國 |
持有的受益股份數量 每個報告人持有的受益股份數量 有益的 擁有人 每個 報告的 個人擁有 |
7 |
唯一擁有投票權的股份數量 50,000 |
8 |
具有共同投票權 510,000 | |
9 |
具有唯一處理權 50,000 | |
10 |
具有共同處理權 510,000 |
11 |
報告人受益擁有的合計金額 560,000 | |
12 | 如果第11行的聚合金額排除某些股票,請勾選選框。 | ¨ |
13 |
第(11)列金額所代表的類別所佔的百分比。 5.9% |
|
14 |
報告人類型 所在 |
CUSIP編號90177C101 | 13D | 第6頁 共10頁 |
項目1。 | 證券和發行人。 |
本《13D表格有關受益所有權的聲明》(本「聲明」)涉及Twin Vee PowerCats Co.,一家特拉華州公司(以下簡稱爲「公司」)的每股面值爲$0.001的普通股(以下簡稱爲「普通股」)。公司報告其主要執行辦公室位於佛羅里達州Fort Pierce的3101 S. US-1。
事項二 | 身份和背景。 |
此聲明由(i)Palm全球小盤基金LP,開曼群島豁免有限合夥公司(「Palm Global」),(ii)Palm Management(US)LLC,特拉華州有限責任公司,(iii)Bradley C. Palmer先生,和(iv)Joshua S. Horowitz先生提交。上述實體和個人有時在此分別稱爲「報告人」,集體稱爲「報告人」。報告人共同提交此聲明。無論此次提交事實還是此處包含的任何內容均不得被視爲任何報告人構成「集團」的認可。
Palm Global的主要業務是擔任私人投資基金。Palm Global的普通合夥人是Palm Global Small Cap Fund GP Ltd。Palm Management(美國)LLC的主要業務是提供投資管理服務,包括爲Palm Global提供服務。Palmer先生的主要職業是擔任Palm Global的投資組合經理和特別有限合夥人,同時也是Palm Management(美國)LLC的僱員。Horowitz先生的主要職業是在Palm Management(美國)LLC擔任投資組合經理。Palmer和Horowitz先生均爲美國公民。每位報告人的營業地址均爲:Palm Management(美國)LLC,康涅狄格州格林尼治市西艾爾姆街19號,郵編06830。
報告人或其合夥人、經理、高管或其他控制人在過去五年內,未因刑事訴訟(不包括交通違規或類似輕罪行爲)而被定罪。報告人或其合夥人、經理、高管或其他控制人在過去五年內,未曾參與司法或行政主管機關的民事訴訟,並因此訴訟而受到或正在接受裁決、法令或最終裁定,禁止其未來違反或命令活動遵守聯邦或州證券法,或發現存在有關此類法律的任何違規行爲。
第3項。 | 資金來源和金額(人民幣)。 |
購買普通股的總成本,包括由Palm全球直接持有的券商佣金,約爲$1,488,588。這些資金的來源是營運資金。
購買普通股的總成本報告爲Horowitz先生直接持有,包括券商佣金,約爲131,000美元。這些資金的來源是個人資金。
項目4. | 交易目的。 |
公司已與其部分擁有的子公司Forza X1, Inc.簽訂了《合併協議和計劃》,日期爲2024年8月12日,該協議需要Forza X1, Inc.股東批准等多項事項。報告人也是Forza X1, Inc.的股東。
根據報告人的信念,報告人購買了普通股,認爲在購買時這些證券被低估,並代表有吸引力的投資機會。根據整體市場條件、報告人可利用的 其他 投資機會,以及公司證券價格的可用性,可能會努力通過在公開市場上或私人交易中購買或出售公司證券等方式,根據報告人認爲適宜的條件和時間,增加或減少其在公司的持有份額。
CUSIP No. 90177C101 | 13D | Page 7 of 10 Pages |
The Reporting Persons do not have any present plan or proposal that would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D except as set forth herein or such as would occur upon or in connection with completion of, or following, any of the actions discussed herein. The Reporting Persons intend to review their investment in the Company on a continuing basis. Depending on various factors including, without limitation, the Company’s financial position, the price levels of the securities of the Company, conditions in the securities markets, and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to their investment in the Company as they deem appropriate, including, without limitation, engaging in communications with management and/or the board of directors of the Company and their advisors, engaging in discussions with stockholders of the Company and others about the Company and the Reporting Persons’ investment, making proposals to the Company concerning changes to the capitalization, the ownership structure, the structure, composition and skill sets of the board of directors and senior management or the operations of the Company, purchasing additional securities of the Company, selling some or all of such securities, entering into financial instruments or other agreements that increase or decrease the Reporting Persons’ economic or beneficial exposure with respect to their investment in the Company, engaging in short selling of or any hedging or similar transaction with respect to the securities of the Company, including swaps and other derivative instruments, or changing their intention with respect to any and all matters referred to in Item 4.
Item 5. | Interest in Securities of the Issuer. |
(a) The Reporting Persons beneficially own in the aggregate 560,000 shares of Common Stock, which represents approximately 5.9% of the Company’s outstanding shares of Common Stock.
Palm Global directly holds the number and percentage of shares of Common Stock disclosed as beneficially owned by it in the applicable table set forth on the cover page to this Statement. Mr. Horowitz directly holds the number and percentage of shares of Common Stock disclosed as solely beneficially owned by him in the applicable table set forth on the cover page to this Statement. None of the other Reporting Persons directly holds any of the shares of Common Stock disclosed in this Statement.
Palm Management (US) LLC, as the investment manager of Palm Global, may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Due to his position with Palm Management (US) LLC, Mr. Palmer may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Due to his positions with Palm Global and Palm Management (US) LLC, Mr. Horowitz may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Palm Management (US) LLC, Mr. Palmer and Mr. Horowitz expressly disclaim such beneficial ownership except to the extent of their pecuniary interest therein.
Each percentage ownership of Common Stock set forth in this Statement is based on 9,519,481 shares of Common Stock reported by the Company as outstanding as of October 4, 2024 in its Prospectus Supplement filed pursuant to Rule 424(b)(3) of the Securities Act of 1933, as amended, filed with the Securities and Exchange Commission on October 11, 2024.
(b) Palm Global beneficially owns, and has the shared voting and power to direct the voting and disposition of, the shares of Common Stock disclosed as beneficially owned by it in the applicable table set forth on the cover page to this Statement. Palm Management (US) LLC, as the investment manager of Palm Global, has the shared power to direct the voting and disposition of the shares of Common Stock held by Palm Global. Mr. Palmer, as the sole member of Palm Management (US) LLC, and Mr. Horowitz, due to his position with Palm Management (US) LLC and as the director of the general partner of Palm Global, may be deemed to have the shared power to direct the voting and disposition of the shares of Common Stock held by Palm Global.
Mr. Horowitz has the sole power to direct the voting and disposition of the shares of Common Stock disclosed as solely beneficially owned by him in the applicable table set forth on the cover page to this Statement.
(c) Transactions effected by each of the Reporting Persons in the Common Stock in the last 60 days are set forth on Schedule A to this Statement. Each of these transactions was effected through the open market.
CUSIP No. 90177C101 | 13D | Page 8 of 10 Pages |
(d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Common Stock beneficially owned by the Reporting Persons.
(e) Not applicable.
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. |
Pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the Reporting Persons have entered into an agreement with respect to the joint filing of this Statement, which agreement is set forth on the signature page to this Statement.
Item 7. | Material to be Filed as Exhibits. |
None.
CUSIP No. 90177C101 | 13D | Page 9 of 10 Pages |
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this Statement is true, complete and correct.
In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of this Statement on Schedule 13D with respect to the Common Stock of the Company.
Dated: October 25, 2024
PALM MANAGEMENT (US) LLC | |
/s/ Joshua S. Horowitz | |
Joshua S. Horowitz Portfolio Manager |
|
PALM GLOBAL SMALL CAP MASTER FUND LP | |
By Palm Global Small Cap Fund GP Ltd., its general partner |
|
/s/ Joshua S. Horowitz | |
Joshua S. Horowitz Director |
|
/s/ Bradley C. Palmer | |
BRADLEY C. PALMER | |
/s/ Joshua S. Horowitz | |
JOSHUA S. HOROWITZ |
CUSIP No. 90177C101 | 13D | Page 10 of 10 Pages |
Schedule A
Transactions in the Common Stock in the Past 60 Days:
Palm Global Small Cap Master Fund LP
Transaction Date | Number of Shares Bought (Sold) | Price per Share ($) | ||||
10/24/2024 | 112,000 | $ | 0.50 |
Joshua S. Horowitz
Transaction Date | Number of Shares Bought (Sold) | Price per Share ($) | ||||
10/24/2024 | 15,000 | $ | 0.53 |