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Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

Alternate Symbol(s):  T.EXRO.WT | T.EXRO.WT.A | EXROF

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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > Uplisting to TSX Question
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Post by TheDallyLama on Jan 13, 2021 4:31pm

Uplisting to TSX Question

Any readers here have any experience in this area? My reading indicates uplisting to TSX includes the parameter of pre-tax profitability. Is this correct? If so how can we uplist if our revenue is nil? Does this mean they are expecting revenue soon? Any info appreciated.
Comment by KLockett on Jan 13, 2021 5:06pm
https://www.weirfoulds.com/assets/uploads/Going-Public-in-Canada-WeirFoulds-Edition.pdf Pretty long..... Look at page 19. It seems to me that you would need atleast 12 million in operating costs, to cover any fees. It does say a profit or atleast 200 gs. My understanding is with their operating costs and a sponsor they meet all the requirements. I had the same question before. This was another ...more  
Comment by TheDallyLama on Jan 13, 2021 7:46pm
Thanks!  I also found another page on the TSX website talking about requirements, and in the tech space the revenue requirement seems to not be necessary......but did require a sponsor.  https://www.tsx.com/resource/en/117  
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