Forza X1 Inc

Forza X1, Inc. manufactures and develops fully electric boats. It focuses on the creation and implementation of marine electric vehicle (“EV”) technology to control and power electric boats utilizing proprietary outboard electric motor. The company was founded on October 15, 2021 and is headquartered in Fort Pierce, FL.

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Forza X1 is working on a cost-effective, ride-ready, fully integrated electric boat. They firmly believe that the future of recreational boating lies in the development of reasonably priced, attractive, and environmentally friendly electric boats. through producing appealing and reasonably priced electric boats.

Arcimoto

Vision Marine Technologies

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Twin Vee PowerCats Co

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.

Twin Vee PowerCats Co. Reports an 8% Increase in Revenue for the Nine Months Ended September 30, 2023

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.

Forza X1, Inc. (FRZA) Q3 2023 Earnings Call Transcript

FORT PIERCE, FL / ACCESSWIRE / November 6, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza" or the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, today reported operational highlights and financial results for the third quarter of fiscal 2023. "We intend to be among the first to develop and manufacture electric boats targeting the recreational market," said Jim Leffew, Chief Executive Officer and President of Forza X1, Inc. "We are focused on the creation and implementation of marine electric vehicle ("EV") technology to control and power our electric boats utilizing our proprietary outboard electric motor.

Forza X1, Inc. Reports Third Quarter Results

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.

Forza X1, Inc. Announces Third Quarter 2023 Financial Results Call on November 6

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.

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 / 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.

Forza X1, Inc. Announces Successful Land Acquisition in McDowell County, NC for New State-of-the-Art Manufacturing Facility

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.

Forza X1 Completes Beta Test Sea Trial of its 22-Foot F22 Boat on Lake James in North Carolina

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.

Forza X1's F22 Electric Boat Featured in Boat Trader Sea Trial Video

FORT PIERCE, FL / ACCESSWIRE / August 31, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a developer of fully electric sport boats, motors, and control systems for sustainable recreational boating, announced today that Polaris Marine selected Forza X1 to electrify two pontoon boats as demonstration units for Bennington® and Godfrey® Pontoon. Over the last several weeks, Polaris Marine revealed they successfully showcased several high-horsepower EV concept vessels at their annual dealer meetings in Syracuse, Indiana.

Forza X1's Electric Propulsion System and Outboard Motor Selected by Polaris Marine as Polaris Unveils Electric Propulsion on Godfrey and Bennington Pontoon Concept Vessels

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.

Forza X1 Technology and Leadership Recognized in Jupiter and Stuart Magazines' 2023 "Ones to Watch" List

FORT PIERCE, FL / ACCESSWIRE / August 14, 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 three and six months ended June 30, 2023. We are pleased to report an 18% increase in net revenue for the six months ended June 30, 2023, to $17,000,000 compared to $14,400,000 in the same period in 2022.

Twin Vee Powercats Co. Reports a 18% Increase in Revenue for the Six Months Ended June 30, 2023

Forza X1, Inc. (NASDAQ:FRZA ) Q2 2023 Earnings Conference Call August 7, 2023 10:00 AM ET Company Participants Joseph Visconti - Executive Chairman & Chief of Product Development Conference Call Participants Operator Welcome to the Forza X1 Second Quarter 2023 Investor Call. As a reminder this call is being recorded and all participants are in a listen-only mode.

Forza X1, Inc. (FRZA) Q2 2023 Earnings Call Transcript

OneWater Marine

FORT PIERCE, FL / ACCESSWIRE / August 7, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza" or the "Company"), a new developer of electric sport boats with a mission to inspire the adoption of sustainable recreational boating, today reported operational highlights and financial results for the second quarter of fiscal 2023. "We aim to be among the first to develop and manufacture electric boats targeting the recreational market," said Jim Leffew, Chief Executive Officer and President of Forza X1, Inc. "Our mission is to inspire the adoption of sustainable recreational boating by producing stylish electric sport boats.

Forza X1 Reports Second Quarter Results

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.

Forza X1, Inc. Announces Second Quarter 2023 Financial Results Call on August 7

FORT PIERCE, FL / ACCESSWIRE / June 14, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza", the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, today announced the closing of a public offering of 5,334,000 shares of its common stock at a public offering price of $1.50 per share, for gross proceeds of $8,001,000, before deducting underwriting discounts and offering expenses. In addition, the Company 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 the underwriting discount.

Forza X1 Announces Closing of Public Offering

FORT 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 that it received an initial purchase order indicating its intention to purchase 100 units of its upcoming 22-foot electric monohull boat from OneWater Marine, Inc. (Nasdaq:ONEW). As Forza gets into commercialization, the order could equate to approximately $12,000,000 in revenue for Forza.

Forza X1 Receives Order from OneWater Marine Indicating its Intention to Initially Purchase 100 Units of the Company's 22-Foot Electric Boats

FORT 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 the underwriting discount.

Forza X1 Announces Pricing of $8 Million Public Offering

FORT PIERCE, FL / ACCESSWIRE / June 9, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today that it received an initial purchase order from OneWater Marine, Inc. (Nasdaq:ONEW) indicating its intention to purchase 100 units of the Company's upcoming 22-foot electric monohull boat. As Forza gets into commercialization, the order could equate to approximately $12,000,000 in revenue.

Forza X1 Receives Order from OneWater Marine Indicating its Intention to Initially Purchase 100 Units of the Company's 22-foot Electric Boats

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.

5 Investors Betting Big on Forza X1 (FRZA) Stock

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.

Surging Over 100%: Small Cap Electric Boat Maker Makes Waves

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.

Why Is Forza X1 (FRZA) Stock Up 145% Today?

FORT PIERCE, FL / ACCESSWIRE / May 15, 2023 / Twin Vee PowerCats Co. (Nasdaq:VEEE) ("Twin Vee" or the "Company"), a designer, manufacturer and distributor of recreational and commercial, off-shore power catamaran boats, today reported operational highlights and financial results for the three months ended March 31, 2023. We are pleased to report a 51% increase in net revenue for the three months ended March 31, 2023 to $8.9 million compared to $5.9 million in the same period in 2022, and net income of $181,000 for our gas powered boats reportable segment for the three months ended March 31, 2023, compared to a net loss of $626,000 for the same period in 2022.

Twin Vee Powercats Co. Reports a 51% Increase in Revenue for the Three Months Ended March 31, 2023

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.

Forza X1, Inc. (FRZA) Q1 2023 Earnings Call Transcript

FORT PIERCE, FL / ACCESSWIRE / May 9, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza" or the "Company"), a new developer of electric sport boats with a mission to accelerate the adoption of sustainable recreational boating, today reported operational highlights and financial results for the first quarter of fiscal 2023. "We aim to be among the first to develop and manufacture electric boats targeting the recreational market," said Jim Leffew, Chief Executive Officer and President of Forza X1, Inc. "Our mission is to inspire the adoption of sustainable recreational boating by producing stylish electric sport boats.

News for Forza X1 Inc Stock (FRZA)