Forza X1 (FRZA) Prices 5.33M Share Offerings at $1.50/sh
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Forza X1 Announces Pricing of $8 Million Public Offering
June 12, 2023 9:06 AM EDTFORT PIERCE, FL / ACCESSWIRE / June 12, 2023 / Forza X1, Inc. (Nasdaq: FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today the pricing of an underwritten public offering of 5,334,000 shares of its common stock at a price to the public of $1.50 per share for gross proceeds of approximately $8 million, before deducting underwriting discounts and offering expenses. In addition, Forza has granted the underwriters a 45-day option to purchase up to an additional 800,100 shares of common stock to cover over-allotments at the public offering price, less... More
