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Washington, D.C. 20549





Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): March 4, 2024


Forza X1, Inc.

(Exact name of registrant as specified in its charter)


Delaware   001-40623   27-1417610
(State or other jurisdiction
 of incorporation)
File Number)
  (IRS Employer
 Identification No.)


3101 S. US-1
Ft. Pierce, Florida 34982

 (Address of principal executive offices)


(772) 429-2525

 (Registrant’s telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:


Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, par value $0.001 per share   FRZA   The Nasdaq Stock Market LLC
(Nasdaq Capital Market)


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company 


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 





Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On March 4, 2024, Carrie Gunnerson, the Interim Chief Financial Officer of Forza X1, Inc. (the “Company”), notified the Company of her decision to resign, effective May 31, 2024, from her position as the Company’s Interim Chief Financial Officer to pursue another opportunity. Ms. Gunnerson informed the Company that she will support and ensure a smooth transition. Ms. Gunnerson did not advise the Company of any disagreement with the Company on any matter relating to its operations, policies or practices.


On March 6, 2024, Jim Leffew, the Chief Executive Officer of the Company, notified the Company of his decision to resign, effective immediately, from his position as the Company’s Chief Executive Officer. Mr. Leffew informed the Company that he will support and ensure a smooth transition. Mr. Leffew did not advise the Company of any disagreement with the Company on any matter relating to its operations, policies or practices. 


Item 9.01. Financial Statements and Exhibits.


(d) Exhibits


Exhibit Number   Description
104   Cover Page Interactive Data File (embedded with the inline XBRL document)







Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: March 8, 2024 FORZA X1, INC.
  By:   /s/ Joseph Visconti
  Name:   Joseph Visconti
  Title:   Executive Chairman