Exro Technologies Inc T.EXRO

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

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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.

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Exro Technologies Inc > People, People, People, MANY Companies NEVER Use Their Shelf

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Comment by jboom70on Jan 22, 2022 11:22am

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Post# 34347139

RE:RE:People, People, People, MANY Companies NEVER Use Their Shelf

I was thinking 50mil area so @ 2mil a month it gives them a 2yr runway. The big question is timing around events and of coarse what price they are able to get.

My thoughts were: - New's or series of news releases.
- Money raise
- List on Nasdaq

But things have happen that have screwed it up.
- Market correction (SP decline)
- Delays due to covid ( testing/sales)

They are probably kicking themselves they didn't act earlier on a money raise at a higher SP.

Anyone else?

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