Twin Vee to Merge With Greenland-Focused Miner USFM
Shares of Twin Vee PowerCats (VEEE) surged 23% in premarket trading after announcing a merger with privately held mineral explorer USFM Corp., which operates critical minerals projects in Greenland. The deal combines the recreational boat maker's marine business with USFM’s mining operations.
Topics: critical minerals M&A premarket trading