Exro Technologies Inc. T.EXRO

Alternate Symbol(s): T.EXRO.W | EXROF

Industrials

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.

TSX:EXRO - Post by User

Exro Technologies Inc. > A Small Improvement - No $2.00 Warrants

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Comment by Bookworm28on Feb 01, 2022 8:05pm

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Post# 34387512

RE:RE:RE:RE:A Small Improvement - No $2.00 Warrants

jboom70 wrote: The only thing that would make sense to me is that something material happened to make Exro much more attractive.

One scenario that makes sense is the company was taking so much heat from being overly generous that they asked the underwriters to cut them some slack. I can't see the underwriters dropping the warrants unless they agreed. Which bodes well for the Co's image, and the underwriters desire to keep that relationiship going. I'm curious to see how the market reacts.

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