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Exro Technologies Inc T.EXRO

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

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

Comment by Moemoney42on Jan 27, 2022 3:40pm
147 Views
Post# 34368230

RE:Looks Like

RE:Looks LikeI think what we're seeing is the actions of the bought deal of "market stablization" in motion QUOTE:

"In addition, Exro has granted to the underwriters an option, exercisable at any time, in whole or in part, for a period of 30 days following the closing of the offering, to purchase up to an additional 1,640,700 units (or the components thereof) at the issue price to cover overallotments, if any, and for market stabilization purposes. In the event the overallotment option is exercised in full, the aggregate gross proceeds of the offering will be $20,125,920."
Recent Trades - Last 10 of 8624
Time ET Ex Price Change Volume Buyer Seller Markers
15:20:34 O 1.50 -0.43 100 1 Anonymous 1 Anonymous K
15:20:19 O 1.50 -0.43 100 1 Anonymous 1 Anonymous K
15:20:09 O 1.50 -0.43 100 1 Anonymous 1 Anonymous K
15:19:58 O 1.50 -0.43 100 1 Anonymous 1 Anonymous K
15:19:50 O 1.50 -0.43 100 1 Anonymous 1 Anonymous K
15:19:46 O 1.50 -0.43 100 1 Anonymous 1 Anonymous K
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15:19:12 X 1.51 -0.42 100 80 National Bank 13 Instinet K
15:19:10 O 1.50 -0.43 100 1 Anonymous 1 Anonymous K

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