Forza X1 Merges with Twin Vee, Delists from Nasdaq

Forza X1, Inc. ( (FRZA) ) has shared an announcement.

Forza X1, Inc. has merged with Twin Vee PowerCats Co., transforming Forza into a wholly-owned subsidiary of Twin Vee. The merger finalized on November 26, 2024, led to the conversion of Forza’s shares and options into Twin Vee’s at a specific exchange rate. Consequently, Forza’s stocks will be delisted from Nasdaq, marking a significant shift for investors involved with these companies.

Learn more about FRZA stock on TipRanks’ Stock Analysis page.