July 19, 2024

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3D Word IPO with Target on Chalkboard Background - 3D Rendering
By Val Kennedy,


EV sport boat developer Forza X1 (FRZA) has downsized its proposed initial public offering to around $18M from $31M.

Forza X1 indicated the new raise target in an amended filing, although the number could be a placeholder and likely to change. The EV boat maker didn’t specify the number and pricing of the shares to be offered.

In March, Forza X1 indicated in a filing that they were looking to raise up to approximately $31M. The company plans to list its shares on Nasdaq under the symbol FRZA.

Based in Florida, Forza X1 is developing a recreational sport boat that utilizes an electric outboard motor. The company hopes to begin selling the boats...


By Val Kennedy



Coffee chain Reborn Coffee (REBN) has filed to raise up to $40M through an initial public offering.

Reborn said in a...

By Val Kennedy,

Hydroponic and vertical farming company Edible Garden (EDBL) has set terms for its proposed $14.7M initial public offering.

The company said in a filing that it...

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