Forza X1, Inc. Suspends Second Quarter 2024 Financial Results Call Due to Announcement of Merger Agreement with Twin Vee PowerCats Co.
Rhea-AI Summary
Forza X1, Inc. (Nasdaq:FRZA) has suspended its Second Quarter 2024 Financial Results Call due to the announcement of a Merger Agreement with Twin Vee PowerCats Co. (NASDAQ:VEEE). The call was originally scheduled for August 14, 2024, at 2:00 p.m. EDT. Instead, investors are encouraged to attend Twin Vee's Earnings Call on August 14 at 4:00 pm EDT.
Twin Vee's call details include:
- Toll-Free: 1-877-407-3982
- Toll/International: 1-201-493-6780
- Conference ID: 13747918
An audio webcast will also be available, with a recording accessible for at least 90 days after the call through Twin Vee's 'Investor Relations' website section.
Positive
- Merger agreement announced between Forza X1 and Twin Vee PowerCats Co.
- Consolidated earnings call potentially indicating streamlined operations
Negative
- Suspension of Forza X1's individual financial results call
- Potential loss of company-specific financial details for Forza X1
News Market Reaction 1 Alert
On the day this news was published, VEEE declined 4.63%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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.
Investors and interested participants are instead encouraged to attend Twin Vee PowerCats Co.'s Second Quarter 2024 Financial Results Conference Call on Wednesday, August 14, 2024, at 4:00 p.m. (Eastern Time).
Event: Twin Vee PowerCats Co. Second Quarter 2024 Financial Results Conference Call
Date: Wednesday, August 14, 2024
Time: 4:00 p.m. Eastern Time
Live Call and Q&A:
Toll Free: 1-877-407-3982
Toll/International: 1-201-493-6780
Conference ID: 13747918
Audio Webcast: LINK HERE (Participants listening via audio webcast will be unable to submit questions for the Q&A portion of the call. If you would like to join in the Q&A, please utilize the toll-free telephone number above to attend).
To access the webcast, please visit the link above approximately 15 minutes before the call to register.
The link to the audio-only webcast of the call can also be accessed through the "Investor Relations" section of Twin Vee PowerCats Co.'s website, and a recording will be made available following the close of the call for at least 90 days.
About Forza X1, Inc.
Forza X1, Inc. is a recreational boat builder focused on the creation, implementation and sale of electric boats. For more information, please visit www.forzax1.com
Contact:
Glenn Sonoda
investor@forzax1.com
SOURCE: Forza X1, Inc.
View the original press release on accesswire.com
FAQ
Why did Forza X1 (FRZA) suspend its Q2 2024 financial results call?
When is Twin Vee PowerCats Co. (VEEE) holding its Q2 2024 earnings call?
How can investors participate in Twin Vee's (VEEE) Q2 2024 earnings call?
What is the impact of the Forza X1 and Twin Vee PowerCats Co. (VEEE) merger on financial reporting?
