Joseph C. Visconti - Aug 11, 2022 Form 3 Insider Report for Forza X1, Inc. (FRZA)

Role: EC and Chief of PD, Director, 10%+ Owner
Signature: /s/ Joseph C. Visconti
Stock symbol: FRZA
Transactions as of: Aug 11, 2022
Transactions value $: $0
Form type: 3
Date filed: 8/11/2022, 05:45 PM
Previous filing: Jul 26, 2021
Next filing: Oct 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FRZA	Common Stock						2.28M	Aug 11, 2022	Held directly by Twin Vee PowerCats Co.	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. Visconti is the Chairman of the Board and Chief Executive Officer of, Twin Vee PowerCats Co., the parent company of Forza X1, Inc. (the "Issuer"), and is the Chairman of the Board and Chief Executive Officer of, Twin Vee PowerCats, Inc., the parent company of Twin Vee PowerCats Co. These shares are owned directly by Twin Vee PowerCats Co., which is a majority owned subsidiary of Twin Vee PowerCats, Inc. Mr. Visconti owns 56.14% of the outstanding stock of Twin Vee PowerCats, Inc. and Twin Vee PowerCats, Inc. owns 57.1% of the outstanding stock of Twin Vee PowerCats Co. Twin Vee PowerCats Co. is the owner of 7,000,000 shares of common stock of the Issuer. As a controlling shareholder of Twin Vee PowerCats Co., Mr. Visconti is deemed to have control over the shares of common stock of the Issuer owned by Twin Vee PowerCats Co. Mr. Visconti disclaims beneficial ownership of these securities.

Content

Mr. Visconti is the Chairman of the Board and Chief Executive Officer of, Twin Vee PowerCats Co., the parent company of Forza X1, Inc. (the "Issuer"), and is the Chairman of the Board and Chief Executive Officer of, Twin Vee PowerCats, Inc., the parent company of Twin Vee PowerCats Co. These shares are owned directly by Twin Vee PowerCats Co., which is a majority owned subsidiary of Twin Vee PowerCats, Inc. Mr. Visconti owns 56.14% of the outstanding stock of Twin Vee PowerCats, Inc. and Twin Vee PowerCats, Inc. owns 57.1% of the outstanding stock of Twin Vee PowerCats Co. Twin Vee PowerCats Co. is the owner of 7,000,000 shares of common stock of the Issuer. As a controlling shareholder of Twin Vee PowerCats Co., Mr. Visconti is deemed to have control over the shares of common stock of the Issuer owned by Twin Vee PowerCats Co. Mr. Visconti disclaims beneficial ownership of these securities.