<a href="https://laohu8.com/S/TVPC">Twin Vee</a> PowerCats Co. Assigns Key License Agreement to Subsidiary Wizz Banger, Inc
Twin Vee PowerCats Co. has taken a significant step by involving its wholly owned subsidiary, Wizz Banger, Inc., in a crucial First Amendment to an existing agreement with Revver Digital, LLC. This amendment, effective as of July 28, 2025, pertains to a License and Sale Agreement initially established in February. The agreement grants Twin Vee the rights to acquire certain intellectual property from One Water Marine Inc., essential for the operation of online marketplaces dedicated to yachts and boats. The First Amendment aims to redefine key terms, clarify the parties' respective rights, assign the agreement to Wizz Banger, and incorporate a guaranty by the parent company for Wizz Banger's obligations. This development underscores Twin Vee's strategic efforts to enhance its subsidiary's role in its expanding business ventures.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Twin Vee PowerCats Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-25-001060), on August 01, 2025, and is solely responsible for the information contained therein.
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