证券交易委员会
华盛顿特区20549
安排 13D
(规则13d-101)
根据第13号规则提交的报表应包含的信息d-1(a)。 并且
修正案 根据第13条规则提交的修正案d-2(a)
根据1934年证券交易法
(修正案号。)*
双体Vee PowerCats公司。
(发行人名称)
纳斯达克证券交易所
(证券种类名称)
90177C101
(CUSIP编号)
Joshua S. Horowitz
Palm Management (美国) 有限责任公司
19 West Elm Street
*本封面剩余部分应填写该报告人与该主题证券有关的初始提交及包含与以前披露差别的任何后续修正的任何内容。
(203) 302-7000
抄送:
Jurgita Ashley
Thompson Hine LLP
Key Center 3900
Public Square 127
俄亥俄州克利夫兰44114
(216) 566-5500
如果申报人此前已在表格13G上报告本表13D的对象所涉及的获取情况,并且
因为规则13d-l(e)、13d-l(f)或13d-l(g)的缘故而报告此表格,请打勾此框☐。
)
2024年10月24日
(需要提交本声明的事项的日期)
如果申报人以前曾提交过13G表格报告本13D表的主题收购,且因为§§ 240.13d-1(e)、240.13d-1(f)或240.13d-1(g)而提交了本表,选中下面的方框。 ¨.
*此封面其余部分应填写报告人就涉及该证券类别的初始申报,以及任何后续修正披露在先前封面提供的信息的修正申报。
第2页/7页请参阅 票据 ).
CUSIP编号90177C101 | 13D | 页数 2 / 10 页 |
1 |
报告人名称 Palm Management (美国) 有限责任公司 |
|
2 | 如果是一组的成员,请检查适当的框(见说明书) | (a) ¨ (b) ¨ |
3 | 仅供SEC使用 | |
4 |
所有基金类型的资金来源 AF |
|
5 | 请检查是否根据2(d)或2(e)条款需要披露法律诉讼事项 | ¨ |
6 |
公民身份或组织地点 特拉华州 |
持有的受益股份数量 每个报告人持有的受益股份数量 有益的 拥有人 每个 报告的 个人拥有 |
7 |
唯一拥有投票权的股份数量 0 |
8 |
具有共同投票权 510,000 | |
9 |
具有唯一处理权 0 | |
10 |
具有共同处理权 510,000 |
11 |
报告人受益拥有的合计金额 510,000 | |
12 | 如果第11行的聚合金额排除某些股票,请勾选选框。 | ¨ |
13 |
第(11)列金额所代表的类别所占的百分比。 5.4% |
|
14 |
报告人类型 OO |
CUSIP编号90177C101 | 13D | 第3页 共10页 |
1 |
报告人名称 棕榈全球货币小盘主基金 |
|
2 | 如果是一组的成员,请检查适当的框(见说明书) | (a) ¨ (b) ¨ |
3 | 仅供SEC使用 | |
4 |
所有基金类型的资金来源 未知 |
|
5 | 请检查是否根据2(d)或2(e)条款需要披露法律诉讼事项 | ¨ |
6 |
公民身份或组织地点 开曼群岛 |
持有的受益股份数量 每个报告人持有的受益股份数量 有益的 拥有人 每个 报告的 个人拥有 |
7 |
唯一拥有投票权的股份数量 0 |
8 |
具有共同投票权 510,000 | |
9 |
具有唯一处理权 0 | |
10 |
具有共同处理权 510,000 |
11 |
报告人受益拥有的合计金额 510,000 | |
12 | 如果第11行的聚合金额排除某些股票,请勾选选框。 | ¨ |
13 |
第(11)列金额所代表的类别所占的百分比。 5.4% |
|
14 |
报告人类型 PN |
CUSIP编号90177C101 | 13D | 第4页 共10页 |
1 |
报告人名称 Bradley C. Palmer |
|
2 | 如果是一组的成员,请检查适当的框(见说明书) | (a) ¨ (b) ¨ |
3 | 仅供SEC使用 | |
4 |
所有基金类型的资金来源 AF |
|
5 | 请检查是否根据2(d)或2(e)条款需要披露法律诉讼事项 | ¨ |
6 |
公民身份或组织地点 美利坚合众国 |
持有的受益股份数量 每个报告人持有的受益股份数量 有益的 拥有人 每个 报告的 个人拥有 |
7 |
唯一拥有投票权的股份数量 0 |
8 |
具有共同投票权 510,000 | |
9 |
具有唯一处理权 0 | |
10 |
具有共同处理权 510,000 |
11 |
报告人受益拥有的合计金额 510,000 | |
12 | 如果第11行的聚合金额排除某些股票,请勾选选框。 | ¨ |
13 |
第(11)列金额所代表的类别所占的百分比。 5.4% |
|
14 |
报告人类型 所在 |
CUSIP编号90177C101 | 13D | 第 5 页 共 10 页 |
1 |
报告人名称 Joshua S. Horowitz |
|
2 | 如果是一组的成员,请检查适当的框(见说明书) | (a) ¨ (b) ¨ |
3 | 仅供SEC使用 | |
4 |
所有基金类型的资金来源 所有基金类型; 公墓基金 |
|
5 | 请检查是否根据2(d)或2(e)条款需要披露法律诉讼事项 | ¨ |
6 |
公民身份或组织地点 美利坚合众国 |
持有的受益股份数量 每个报告人持有的受益股份数量 有益的 拥有人 每个 报告的 个人拥有 |
7 |
唯一拥有投票权的股份数量 50,000 |
8 |
具有共同投票权 510,000 | |
9 |
具有唯一处理权 50,000 | |
10 |
具有共同处理权 510,000 |
11 |
报告人受益拥有的合计金额 560,000 | |
12 | 如果第11行的聚合金额排除某些股票,请勾选选框。 | ¨ |
13 |
第(11)列金额所代表的类别所占的百分比。 5.9% |
|
14 |
报告人类型 所在 |
CUSIP编号90177C101 | 13D | 第6页 共10页 |
项目1。 | 证券和发行人。 |
本《13D表格有关受益所有权的声明》(本“声明”)涉及Twin Vee PowerCats Co.,一家特拉华州公司(以下简称为“公司”)的每股面值为$0.001的普通股(以下简称为“普通股”)。公司报告其主要执行办公室位于佛罗里达州Fort Pierce的3101 S. US-1。
事项二 | 身份和背景。 |
此声明由(i)Palm全球小盘基金LP,开曼群岛豁免有限合伙公司(“Palm Global”),(ii)Palm Management(US)LLC,特拉华州有限责任公司,(iii)Bradley C. Palmer先生,和(iv)Joshua S. Horowitz先生提交。上述实体和个人有时在此分别称为“报告人”,集体称为“报告人”。报告人共同提交此声明。无论此次提交事实还是此处包含的任何内容均不得被视为任何报告人构成“集团”的认可。
Palm Global的主要业务是担任私人投资基金。Palm Global的普通合伙人是Palm Global Small Cap Fund GP Ltd。Palm Management(美国)LLC的主要业务是提供投资管理服务,包括为Palm Global提供服务。Palmer先生的主要职业是担任Palm Global的投资组合经理和特别有限合伙人,同时也是Palm Management(美国)LLC的雇员。Horowitz先生的主要职业是在Palm Management(美国)LLC担任投资组合经理。Palmer和Horowitz先生均为美国公民。每位报告人的营业地址均为:Palm Management(美国)LLC,康涅狄格州格林尼治市西艾尔姆街19号,邮编06830。
报告人或其合伙人、经理、高管或其他控制人在过去五年内,未因刑事诉讼(不包括交通违规或类似轻罪行为)而被定罪。报告人或其合伙人、经理、高管或其他控制人在过去五年内,未曾参与司法或行政主管机关的民事诉讼,并因此诉讼而受到或正在接受裁决、法令或最终裁定,禁止其未来违反或命令活动遵守联邦或州证券法,或发现存在有关此类法律的任何违规行为。
第3项。 | 资金来源和金额(人民币)。 |
购买普通股的总成本,包括由Palm全球直接持有的券商佣金,约为$1,488,588。这些资金的来源是营运资金。
购买普通股的总成本报告为Horowitz先生直接持有,包括券商佣金,约为131,000美元。这些资金的来源是个人资金。
项目4. | 交易目的。 |
公司已与其部分拥有的子公司Forza X1, Inc.签订了《合并协议和计划》,日期为2024年8月12日,该协议需要Forza X1, Inc.股东批准等多项事项。报告人也是Forza X1, Inc.的股东。
根据报告人的信念,报告人购买了普通股,认为在购买时这些证券被低估,并代表有吸引力的投资机会。根据整体市场条件、报告人可利用的 其他 投资机会,以及公司证券价格的可用性,可能会努力通过在公开市场上或私人交易中购买或出售公司证券等方式,根据报告人认为适宜的条件和时间,增加或减少其在公司的持有份额。
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 |