secwatch.observer — SEC 8-K summary
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Issuer:     Forza X1, Inc. (—)
CIK:        0001901305
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001731122-24-001396
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forza X1 President Dan Norton to depart Sept 30; mutual separation agreement
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- President Dan Norton's employment terminates mutually effective September 30, 2024.
- Norton did not advise of any disagreement with company operations, policies, or practices.
- Separation agreement includes mutual release, non-disparagement, and confidentiality obligations.
- Norton's termination treated as voluntary without good reason; eligible for basic termination rights under employment agreement.
- Interim CEO Joseph Visconti executed the agreement on behalf of Forza X1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1901305/000173112224001396/0001731122-24-001396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1901305/000173112224001396/e5932_8k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-24-001396

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