Forza Innovations Inc. completes $600K capital raise and equity line of $5M
by CM Staff
Forza is reportedly continuing to develop and refine their core WarmUp product line.
CALGARY — Forza Innovations Inc. announces that it has secured an equity line of credit up to $5,000,000. This new equity financing has reportedly more favorable terms to the previously announced financing disseminated October 26, 2021. Forza also announces that they have completed a capital raise of close to $600,000 to fund the Company’s expanding team of experts, new products and continued operations.
Forza’s Chief Executive Officer, Johnny Forzani, commented, “Our company is finally financially ready to be in a position to get the wheels spinning and make some serious moves forward. We plan to utilize the financing opportunities to expand and refine our team, operations and products. As a product designer that has two patents, I am certain that we are able to create more patentable technology with our team and facilities we are assembling which will include experts in the electrical engineering and textile field.”
Forza is reportedly continuing to develop and refine their core WarmUp product line and Handlelife Heavyball by working closely with overseas partners and manufacturing facilities.
Forza Innovations Inc. is in the health-tech wearable performance business.