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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

Post by JohnnyUtah44on Sep 21, 2022 9:08am
248 Views
Post# 34975924

Sad that Some Can't Do Simple Math and Spin #'s ??????

Sad that Some Can't Do Simple Math and Spin #'s ??????..................This is why I can't stand, don't respond to Lazy NOOBS that can't do basic math and are just here to confuse posters, they just LIE, sad for sure ..........UGH.............LMFAO....MO......

.................CALGARY, Alberta (August 23, 2022) – 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, announces that it has commenced a marketed public offering (the "Brokered Offering") and concurrent private placement (the "Non-Brokered Offering", and together with the Brokered Offering, the "Financing") of up to approximately 9.5 million units ("Units") of the Company, at a price of $1.05 per Unit, for aggregate gross proceeds, on a combined basis, of up to approximately $10 million. 

...........
We are pleased to have the support to close at the high end of our ‘up to $10 million’ financing target, (Total=$9,789.945)

...... Looks close to the 10 mill to me, not sure were some Jethro's get the half amount being posted on the boards...........MO.... let me knowif i am wrong and SHOW Ypour Math....lmfao...MO
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