Forza X1, Inc. - Common Stock (FRZA)

FORT PIERCE, FL / ACCESSWIRE / November 14, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a manufacturer of Twin Vee PowerCats and AquaSport boats known as offshore, family-friendly fishing boats from its factory in Fort Pierce, Florida, today reported operational highlights and financial results for the three months ended September 30, 2024.

FORT PIERCE, FL / ACCESSWIRE / November 13, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee"), and Forza X1, Inc. (OTC PINK:FRZA), ("Forza"), today announced that their respective shareholders have voted to approve the previously announced merger agreement at their respective annual shareholder meetings held on November 11, 2024.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Forza X1, Inc. (NasdaqCM: FRZA) to Twin Vee PowerCats Co. (NasdaqCM: VEEE). Under the terms of the proposed transaction, shareholders of Forza will receive 0.61166627 shares of Twin Vee for each share of Forza that they own. Upon closing of the proposed transaction, Forza shareholders would own approximately 36% of the combined company. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

FORT PIERCE, FL / ACCESSWIRE / May 15, 2024 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a developer of electric sport boats, today reported operational highlights and financial results for the three months ended March 31, 2024.

FORT PIERCE, FL / ACCESSWIRE / March 26, 2024 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a developer of electric sport boats, today reported operational highlights and financial results for the year ended December 31, 2023.

NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

BALA CYNWYD, Pa., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Forza X1, Inc. (NasdaqCM: FRZA) to Twin Vee PowerCats Co. (NasdaqCM: VEEE). Under the terms of the proposed transaction, shareholders of Forza will receive 0.61166627 shares of Twin Vee for each share of Forza that they own. Upon closing of the proposed transaction, Forza shareholders would own approximately 36% of the combined company. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Forza X1, Inc. (NASDAQFRZA) to Twin Vee PowerCats Co. for 0.61166627 shares of Twin Vee common stock for each share of Forza common stock is fair to Forza shareholders. Upon closing of the proposed transaction, Forza shareholders would own approximately 36% of the combined company.

Investors Encouraged to Attend Twin Vee's Earnings Call on August 14 at 4:00 pm EDT

FORT PIERCE, FL / ACCESSWIRE / August 12, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE), ("Twin Vee") and Forza X1, Inc. (Nasdaq:FRZA) ("Forza"), today jointly announced that they have entered into a definitive merger agreement for an all-stock transaction pursuant to which Forza will merge with and into a wholly owned subsidiary and survive the merger.

FORT PIERCE, FL / ACCESSWIRE / August 7, 2024 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza", the "Company"), a developer of electric sport boats will host a conference call and audio webcast on Wednesday, August 14, 2024, at 2:00 p.m. (Eastern Time) to discuss and answer questions about the Company's research and development efforts for the second quarter of 2024. Financial results will be issued in a press release before the call.

FORT PIERCE, FL / ACCESSWIRE / May 8, 2024 / Forza X1, Inc. (NASDAQFRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, will host a conference call and audio webcast on Wednesday, May 15, 2024, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company's first quarter. Financial results will be issued in a press release before the call.

FORT PIERCE, FL / ACCESSWIRE / March 26, 2024 / Twin Vee PowerCats Co. (NASDAQVEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boats, today reported operational highlights and financial results for fiscal year ended December 31, 2023.

FORT PIERCE, FL / ACCESSWIRE / March 19, 2024 / Forza X1, Inc. (NASDAQFRZA) ("Forza," the "Company"), a developer of electric sport boats, will host a conference call and audio webcast on Tuesday, March 26, 2024, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company and its research and development efforts for the year ended December 31, 2023. Financial results will be issued in a press release before the call.

FORT PIERCE, FL / ACCESSWIRE / March 19, 2024 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today most of the concrete for the 60,000 square foot floor has been poured and crews are scheduled to start setting steel this week at the site of the Company's state-of-the-art manufacturing facility located on its 11-acre property in Marion, North Carolina.

FORT PIERCE, FL / ACCESSWIRE / March 18, 2024 / Forza X1, Inc. (NASDAQFRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced last week the appointment of Joseph Visconti as the Company's Interim Chief Executive Officer and Daniel Norton as the Company's President, effective immediately. They replace Jim Leffew, who notified the Company of his resignation on March 6th.

FORT PIERCE, FL / ACCESSWIRE / January 31, 2024 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today the commencement of the first concrete pour at the future site of the Company's state-of-the-art manufacturing facility located on its 11-acre property in Marion, North Carolina. The initial pour represents half of the concrete that will be used for the approximately 60,000-square-foot facility.

SEOUL, SOUTH KOREA and FORT PIERCE, FL / ACCESSWIRE / January 11, 2024 / Forza X1, Inc. (NASDAQFRZA) ("Forza", the "Company"), a developer of electric sport boats, revealed yesterday that it entered a groundbreaking partnership with Avikus Co., Ltd. (a startup specializing in autonomous navigation solutions, was established in December 2020 by H.D. Hyundai, the world's No. 1 shipbuilder) and former parent company, Twin Vee PowerCats Co. (Nasdaq:VEEE) that is set to redefine the landscape of recreational sport boating. This partnership aims to create the world's first autonomously equipped recreational sport boat company.

FORT PIERCE, FL / ACCESSWIRE / October 30, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, will host a conference call and audio webcast on Monday, November 6, 2023, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company's R&D, prototyping, and testing efforts for the third quarter of 2023. Financial results will be issued in a press release before the call.

FORT PIERCE, FL / ACCESSWIRE / October 20, 2023 / Forza X1, Inc. (NASDAQFRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today that steel construction material has begun arriving to Forza's 11-acre property in Marion, North Carolina. This delivery marks a significant milestone in the construction of the Company's state-of-the-art manufacturing facility, which begins with the initial 60,000-square-foot factory with the capacity to build up to 550 boats annually. When all phases of the factory are eventually completed, Forza anticipates the manufacturing facility will be as large as 100,000 square feet with production capabilities for up to 1,000 boats annually.