Filing Details

Accession Number:
0001731122-24-001432
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-17 17:21:27
Reporting Period:
2024-09-13
Accepted Time:
2024-09-17 17:21:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1901305 Forza X1 Inc. FRZA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1070916 C Joseph Visconti C/O Forza X1, Inc.
3101 S. Us-1
Ft. Pierce FL 34982
Ec, Interim Ceo And Cpo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-09-13 28,442 $0.24 98,442 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,175,000 Indirect See footnote
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $0.2360 through $0.24, inclusive. The reporting person undertakes to provide to the registrant, any security holder of the registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  2. Joseph Visconti is Forza's Interim Chief Executive Officer, Executive Chairman and Chief of Product Development. He is also the Chairman of the Twin Vee Board of Directors and Twin Vee's Chief Executive Officer. These shares are owned directly by Twin Vee. Mr. Visconti owns 24.455% of the outstanding Twin Vee Common Stock. Twin Vee is the owner of 7,000,000 shares of Forza Common Stock. Mr. Visconti is deemed to have control over the shares of Forza Common Stock owned by Twin Vee. Mr. Visconti disclaims beneficial ownership of these securities.