RE:When will Sue be addressing the shareholders?
Exro Technologies to list additional shares Feb. 4
2022-02-03 20:26 ET - Prospectus Approved
The Toronto Stock Exchange reports that Exro Technologies Inc. will list additional shares at the open on Feb. 4, 2022. As stated in its amended and restated prospectus supplement dated Feb. 1, 2022, the company will issue 12,722,450 units at $1.60 per unit in an offering.
According to the TSX, each unit will consist of one share and one-half warrant of the company, with each whole warrant being exercisable at $2 per share for 36 months following the closing date of the offering. The units will separate immediately upon the closing of the offering. The TSX has issued a separate bulletin regarding the listing of the warrants.