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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 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

Post by CoCa827on Mar 03, 2021 7:52am
165 Views
Post# 32702808

2,618,000 stock options at $3.15

2,618,000 stock options at $3.15Might just be time to excercise these offerings:

October 2020 release:

CALGARY, ALBERTA / ACCESSWIRE / October 13, 2020 / Exro Technologies Inc. ( TSXV:EXRO)(OTCQB:EXROF) (the "Company" or "Exro") announces that it has granted incentive stock options to certain directors, officers, employees and consultants to purchase an aggregate of 2,618,000 shares in the capital of the Company at a price of $3.15 per share, expiring five years from the date of grant, pursuant to the terms of its stock option plan. All of the options are subject to vesting provisions, and any shares issued upon exercise of an option will be subject to a hold period of four months and one day from the date of grant.

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