Forza X1, Inc. (FRZA) Prices 3M Share IPO at $5/sh

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Forza X1, Inc. Announces Pricing of Initial Public Offering

August 11, 2022 5:16 PM EDT

FORT PIERCE, FL / ACCESSWIRE / August 11, 2022 / Forza X1, Inc. (Nasdaq: FRZA) ("Forza", the "Company"), a developer of electric sport boats with a mission to inspire the adoption of sustainable recreational boating, today announced the pricing of its initial public offering of 3,000,000 shares of the Company's common stock at a public offering price of $5.00 per share, for aggregate gross proceeds of $15 million prior to deducting underwriting discounts and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional... More