Aug 12 (Reuters) - Twin Vee PowerCats Co :
* TWIN VEE POWERCATS-CO, FORZA X1, ENTERED MERGER AGREEMENT FOR ALL STOCK TRANSACTION
* TWIN VEE POWERCATS CO - PURSUANT TO DEAL FORZA WILL MERGE WITH AND INTO A WHOLLY OWNED SUBSIDIARY AND SURVIVE THE MERGER
* TWIN VEE POWERCATS CO - UPON CLOSING OF TRANSACTION, MERGED COMPANY WILL OPERATE UNDER TWIN VEE POWERCATS CO. NAME
* TWIN VEE POWERCATS CO - BOARD OF DIRECTORS OF BOTH TWIN VEE AND FORZA UNANIMOUSLY APPROVED MERGER AGREEMENT.
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