FORZA X1 INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Forza X1, Inc. - FRZA
- NEW ORLEANS--(BUSINESS WIRE)--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 3.
- 08/15/2024
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Twin Vee PowerCats Co. Reports Second Quarter 2024 Results of Operations
- FORT PIERCE, FL / ACCESSWIRE / August 14, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("Twin Vee" or the "Company"), manufactures Twin Vee PowerCats and AquaSport boats knows as offshore, family-friendly fishing boats from its factory in Fort Pierce, Florida today reported operational highlights and financial results for three months ended June 30, 2024. Highlights for three months ended June 30, 2024: (Unless otherwise noted, all comparisons are to the three months ended June 30, 2023, "Q1" refers to the three months ended March 31, 2024, "Q2" refers to the three months ended June 30, 2024, "Twin Vee" refers to the gas-powered segment, "Forza" refers to the electric boat and development segment, and "consolidated" refers to the consolidated results of Twin Vee PowerCats Co.) Twin Vee experienced a decline in demand for its products due to higher interest rates and slowing economic demand for recreational vehicles Proactive measures were taken to mitigate slowing demand challenges, including lowering production numbers, tightened financial controls, and a reduction in workforce.
- 08/14/2024
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Forza X1, Inc. Suspends Second Quarter 2024 Financial Results Call Due to Announcement of Merger Agreement with Twin Vee PowerCats Co.
- Investors Encouraged to Attend Twin Vee's Earnings Call on August 14 at 4:00 pm EDT FORT PIERCE, FL / ACCESSWIRE / August 13, 2024 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza", the "Company"), a developer of electric sport boats stated today that, in light of the Merger Agreement between Forza and Twin Vee PowerCats Co. (NASDAQ:VEEE) that was announced yesterday afternoon via 8-K, its conference call and audio webcast originally scheduled for Wednesday, August 14, 2024, at 2:00 p.m. (Eastern Time) will no longer be taking place.
- 08/13/2024
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Twin Vee PowerCats Co. and Forza X1, Inc. Announce Merger Agreement
- 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. Under the terms of the merger agreement, each holder of Forza Common Stock (other than Twin Vee) will receive 0.61166627 shares of Twin Vee Common Stock (the "Exchange Ratio") in exchange for each share of Forza Common Stock that they own on the effective date of the merger for a maximum of 5,355,000 shares of Twin Vee Common Stock (no fractional shares will be issued) and the 7,000,000 shares of Forza Common Stock held by Twin Vee will be canceled.
- 08/12/2024
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Forza X1, Inc. Announces Second Quarter 2024 Financial Results Call on August 14
- 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.
- 08/07/2024
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Twin Vee PowerCats Co. Reports Results for First Quarter 2024 Operations
- FORT PIERCE, FL / ACCESSWIRE / May 15, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boats, today reported operational highlights and financial results for three months ended March 31, 2024. Highlights for three months ended March 31, 2024: (All comparisons are to the three months ended March 31, 2023 unless otherwise noted) Revenue for the three months ending March 31, 2024, decreased by 41% to $5,276,000 from $8,877,000 in the corresponding period of the previous year.
- 05/15/2024
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Forza X1, Inc. Reports Results for the Three Months Ended March 31, 2024
- 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. Highlights for the Three Months Ended March 31, 2024: Cash, cash equivalents, and marketable securities were approximately $9,952,000 on March 31, 2024, compared to $12,803,000 on December 31, 2023.
- 05/15/2024
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Forza X1, Inc. Announces First Quarter 2024 Financial Results Call on May 15
- FORT PIERCE, FL / ACCESSWIRE / May 8, 2024 / 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 Wednesday, May 15, 2024, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company's first quarter.
- 05/08/2024
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Twin Vee PowerCats Co. Reports 4% Increase in Revenue for the Year Ended December 31, 2023
- FORT PIERCE, FL / ACCESSWIRE / March 26, 2024 / Twin Vee PowerCats Co. (NASDAQ:VEEE) ("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. Highlights for fiscal year 2023: Revenue for the year ended December 31, 2023 increased 4% to $33,426,000 as compared to $31,988,000 in 2022.
- 03/26/2024
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Forza X1, Inc. Reports Results for the Year Ended December 31, 2023
- 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. Highlights for the Year Ended December 31, 2023: Cash, cash equivalents, and marketable securities were approximately $12,803,000 at December 31, 2023 compared to $12,767,000 at December 31, 2022.
- 03/26/2024
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Forza X1, Inc. Announces Year End 2023 Financial Results Call on March 26
- FORT PIERCE, FL / ACCESSWIRE / March 19, 2024 / Forza X1, Inc. (NASDAQ:FRZA) ("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.
- 03/19/2024
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Forza X1, Inc. Provides Construction Update on Future North Carolina Facility
- 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. Forza's Executive Chairman, Interim CEO, and Chief of Product Development Joseph Visconti expressed enthusiasm about the next phase of the factory's construction, stating, "We are one step closer to realizing our vision for a cutting-edge manufacturing facility.
- 03/19/2024
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Forza X1, Inc. Names Joseph Visconti as Interim CEO and Daniel Norton as President
- FORT PIERCE, FL / ACCESSWIRE / March 18, 2024 / Forza X1, Inc. (NASDAQ:FRZA) ("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.
- 03/18/2024
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Forza X1, Inc. Conducts First Foundation Concrete Pour at Future North Carolina Facility
- 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.
- 01/31/2024
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Avikus, Forza X1, Inc. and Twin Vee PowerCats Co. Announce Plans for the Future of Recreational Boating with Autonomous A.I. Technology Partnership
- SEOUL, SOUTH KOREA and FORT PIERCE, FL / ACCESSWIRE / January 11, 2024 / Forza X1, Inc. (NASDAQ:FRZA) ("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.
- 01/11/2024
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Avikus and Aquasport Boats Announce Plans for the Future of Recreational Boating with Autonomous A.I. Technology Partnership
- SEOUL, SOUTH KOREA and FORT PIERCE, FL / ACCESSWIRE / January 10, 2024 / Twin Vee PowerCats Co. (Nasdaq:VEEE),("Twin Vee" or the "Company"), a manufacturer, distributor, and marketer of power sport boats, and Avikus Co., Ltd. (a startup specializing in autonomous navigation solutions, was established in December 2020 by H.D.
- 01/10/2024
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3 Electric Boat Stocks That Will Sail Higher by 2024
- In the dynamic world of investments, electric boat stocks are gaining momentum. These ‘e-boat stocks' blend innovation with eco-sustainability.
- 11/22/2023
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Twin Vee PowerCats Co. Reports an 8% Increase in Revenue for the Nine Months Ended September 30, 2023
- FORT PIERCE, FL / ACCESSWIRE / November 13, 2023 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial power boats, today reported operational highlights and financial results for the third quarter of fiscal year 2023. The Company is pleased to report an 8% increase in consolidated net revenue for the nine months ended September 30, 2023, to $24,980,902 as compared to $23,217,634 in the same period in 2022.
- 11/13/2023
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Forza X1, Inc. (FRZA) Q3 2023 Earnings Call Transcript
- Forza X1, Inc. (NASDAQ:FRZA ) Q3 2023 Earnings Conference Call November 6, 2023 10:00 AM ET Company Participants Jim Leffew - President & CEO Conference Call Participants Raj Maheshwari - Charlestown Capital Operator Welcome to the Forza X1 Inc. Q3 2023 Investor Call. As a reminder, this call is being recorded and all participants are in a listen-only mode.
- 11/06/2023
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Forza X1, Inc. Announces Third Quarter 2023 Financial Results Call on November 6
- 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.
- 10/30/2023
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Forza X1, Inc. Announces Steel Construction Material for New State-of-the-Art Manufacturing Facility Has Begun to Arrive in Marion, NC
- FORT PIERCE, FL / ACCESSWIRE / October 20, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("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.
- 10/20/2023
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Forza X1, Inc. Announces Successful Land Acquisition in McDowell County, NC for New State-of-the-Art Manufacturing Facility
- FORT PIERCE, FL / ACCESSWIRE / September 28, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today the successful acquisition of property in McDowell County, North Carolina, for the construction of its cutting-edge manufacturing facility, a significant milestone in its plans to bring its electric powerboats to market. The Company officially closed on the land on Wednesday, September 27, 2023 after the county completed rough grading and clearing earlier this year, allowing Forza to move forward and begin construction.
- 09/28/2023
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Forza X1 Completes Beta Test Sea Trial of its 22-Foot F22 Boat on Lake James in North Carolina
- FORT PIERCE, FL / ACCESSWIRE / September 8, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, today announced the successful completion of its latest beta test sea trial on Lake James in North Carolina last week. Announced back in March 2023, Forza's F22 will be the first Forza product offered for consumer sale and has been regularly tested and refined in preparation for its official launch.
- 09/08/2023
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Forza X1's F22 Electric Boat Featured in Boat Trader Sea Trial Video
- FORT PIERCE, FL / ACCESSWIRE / September 6, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today that Boat Trader, America's largest online boating marketplace, previewed Forza's F22 electric boat on Boat Trader's YouTube channel last week.
- 09/06/2023
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Forza X1 Technology and Leadership Recognized in Jupiter and Stuart Magazines' 2023 "Ones to Watch" List
- FORT PIERCE, FL / ACCESSWIRE / August 30, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today that the Company's Executive Chairman and Chief of Product Development, Joseph Visconti, is featured in Jupiter and Stuart Magazines' 2023 "Ones to Watch" List in their September 2023 issues. The annual list showcases local individuals who are making significant strides in their respective fields and are poised to create a lasting impact on their community.
- 08/30/2023
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Forza X1, Inc. Announces Second Quarter 2023 Financial Results Call on August 7
- FORT PIERCE, FL / ACCESSWIRE / August 1, 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, August 7, 2023, at 10:00 a.m. (Eastern Time) to discuss and answer questions about the Company's research and development efforts for the second quarter of 2023.
- 08/01/2023
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5 Investors Betting Big on Forza X1 (FRZA) Stock
- Forza X1 (NASDAQ: FRZA ) has been one of this week's top-moving stocks so far. The company known for producing trending electric boats has rocketed 150% in just a few hours of trading.
- 06/05/2023
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Surging Over 100%: Small Cap Electric Boat Maker Makes Waves
- Forza X1 NASDAQ: FRZA, a little-known small-cap stock listed on the NASDAQ, saw its share price surge over 100% in the early hours of trading on Monday morning. This impressive move comes after the company tweeted a brief teasing message on Friday after the close, suggesting they will make an important announcement.
- 06/05/2023
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Why Is Forza X1 (FRZA) Stock Up 145% Today?
- Forza X1 (NASDAQ: FRZA ) stock is rocketing higher on Monday after the electric sport boats company teased exciting news was on the way. Right after markets closed on Friday, Forza X1 sent out a Tweet to its followers.
- 06/05/2023
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Forza X1, Inc. (FRZA) Q1 2023 Earnings Call Transcript
- Forza X1, Inc. (FRZA) Q1 2023 Earnings Conference Call May 9, 2023 12:00 PM ET Corporate Participants Joseph Visconti - Executive Chairman & Chief of Product Development Conference Call Participants Operator Welcome to the Forza X1 Inc., First Quarter 2023 Investor Call. As a reminder this call is being recorded and all participants are in a listen-only mode.
- 05/15/2023
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Forza X1, Inc. Announces First Quarter 2023 Financial Results Call on May 9
- FORT PIERCE, FL / ACCESSWIRE / May 3, 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 Tuesday, May 9, 2023, at 12:00 p.m. (Eastern Time) to discuss and answer questions about the Company's research and development efforts for the first quarter of 2023.
- 05/03/2023
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Forza X1, Inc. (FRZA) Q4 2022 Earnings Call Transcript
- Forza X1, Inc. (NASDAQ:FRZA ) Q4 2022 Earnings Conference Call March 27, 2023 10:00 AM ET Company Participants Joseph Visconti - Executive Chairman & Chief of Product Development Conference Call Participants Unidentified Analyst - Private Investor Operator Greetings and welcome to the Forza X1 Incorporated Year-End 2022 Investor Call. As a reminder this call is being recorded and all participants are in a listen-only mode.
- 03/27/2023
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What Makes Penny Stocks an Attractive Investment?
- Are penny stocks on your watchlist right now? The post What Makes Penny Stocks an Attractive Investment?
- 11/03/2022
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Why Is Forza XI (FRZA) Stock Up 40% Today?
- One micro-cap stock that's making big waves in the market today is Forza XI (NASDAQ: FRZA ). This maker of electric boats has seen its valuation rocket 40% higher at the time of writing.
- 11/02/2022
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Forza X1, Inc. to Host Third Quarter 2022 Financial Results Call on November 7
- FORT PIERCE, FL / ACCESSWIRE / October 31, 2022 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a new developer of electric sport boats with a mission to inspire the adoption of sustainable recreational boating, will host a conference call and audio webcast on Monday, November 7, 2022, at 3:00 p.m. (Eastern Time) to discuss and answer questions about the Company's research and development efforts for the third quarter of 2022.
- 10/31/2022
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7 Struggling IPOs to Buy for the Long-Term
- Sometimes, heavily hyped initial public offerings (IPOs) don't always pan out. Throughout this year, a myriad of headwinds, ranging from monetary policy shifts to geopolitical instability contributed to a dour environment.
- 10/05/2022
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FRZA Stock News: What to Watch as Forza X1 Completes Its IPO
- Though initial public offerings (IPOs) suffered a dearth of opportunities and enthusiasm this year, Friday's debut of electric boat manufacturer Forza X1 (NASDAQ:FRZA) — sparking a 139% lift in FRZA stock — bodes well for electric mobility specifically and IPO sentiment broadly. Catamaran boat specialist Twin Vee Powercats (NASDAQ: VEEE ) spun off its Forza unit, and VEEE shares are up big too.
- 08/12/2022
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