Exro Technologies Inc T.EXRO

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

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.

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Exro Technologies Inc > $15 Million Bought Deal Public Offering of Units

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Comment by jboom70on Jan 26, 2022 5:28pm

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RE:RE:RE:RE:$15 Million Bought Deal Public Offering of Units

Don't blame Exro on this one they were pinned into a corner. Now I know why she was trying to uplist and get away from these vulchers.

Thing is now it's in their interest to not trade this down anymore. That also means when they release news it won't be sold into either. This cash will take them into next year where John has said they will do a loan at that point with no further dilution.

Take a look at GRN last Jan's bought deal that was similar to this one....It poped.

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