Brief: Twin Vee PowerCats Enters Merger Agreement With Forza X1

Twin Vee PowerCats Co (Pre-Reincorporation)

12/08/2024 22:08

Aug 12 (Reuters) - Twin Vee PowerCats Co  VEEE.O :
    * TWIN VEE POWERCATS-CO, FORZA X1,  ENTERED MERGER AGREEMENT
FOR
ALL STOCK TRANSACTION
    * TWIN VEE POWERCATS CO - PURSUANT TO DEAL FORZA WILL MERGE
WITH
AND INTO A WHOLLY OWNED SUBSIDIARY AND SURVIVE THE MERGER
    * TWIN VEE POWERCATS CO - UPON CLOSING OF TRANSACTION,
MERGED
COMPANY WILL OPERATE UNDER TWIN VEE POWERCATS CO. NAME
    * TWIN VEE POWERCATS CO - BOARD OF DIRECTORS OF BOTH TWIN
VEE AND
FORZA UNANIMOUSLY APPROVED MERGER AGREEMENT.

Further company coverage:  VEEE.O 

 ((Reuters.Briefs@thomsonreuters.com;))