Forza And Twin Vee Say At Closing, Expect To Have Over $1/Share In Cash, $2/Share In Net Assets And No Funded Debt
Portfolio Pulse from Benzinga Newsdesk
Forza and Twin Vee announced that upon closing, they expect to have over $1 per share in cash, $2 per share in net assets, and no funded debt.
August 12, 2024 | 8:28 pm
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POSITIVE IMPACT
Forza expects to have over $1 per share in cash, $2 per share in net assets, and no funded debt upon closing.
The announcement of strong financial metrics such as high cash per share, significant net assets, and no funded debt is likely to positively impact Forza's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Twin Vee expects to have over $1 per share in cash, $2 per share in net assets, and no funded debt upon closing.
The announcement of strong financial metrics such as high cash per share, significant net assets, and no funded debt is likely to positively impact Twin Vee's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100