Sichenzia Ross Ference LLP Represents ThinkEquity LLC in $17.25 Million Initial Public Offering of Common Stock of Forza X1, Inc.

Press Release – New York, NY – August 16, 2022 – Sichenzia Ross Ference LLP announced today that it represented ThinkEquity LLC in the initial public offering of the common stock of Forza X1, Inc. (NASDAQ: FRZA), a developer of electric sport boats with a mission of sustainable recreational boating. The offering consisted of 3,450,000 shares of its common stock at a public offering price of $5.00 per share, including 450,000 shares sold upon full exercise of the underwriter’s option to purchase additional shares, for gross proceeds of $17,250,000.
The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Darrin Ocasio, Jeff Cahlon, Jay Yamamoto, and associate Mayank Pradhan.
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