Company Letter to Shareholders - The letter shares commercial, product, and company updates, details around the company's successful recent capital raise, and the focus and goals for the upcoming year.
- Our projects continue to progress on track, with Coil Driver pilots being delivered to customers through the second quarter.
- Exro has received conditional approval to up-list to the NASDAQ, and we are well-positioned to deliver for our shareholders.
- The facilities plan remains on track with a new dyno commissioning in Mesa this month to double product testing capacity.
- Exro will host a quarterly webcast update on Thursday, April 7, 2022, at 10 AM PST / 1 PM EST to review company updates.
CALGARY, AB, Feb. 9, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, is publishing the following letter to shareholders communicating company updates from its CEO.