Exro Technologies Inc T.EXRO

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

Technology Scientific & Technical Instruments

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 > ABT Capital Markets

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Post by ace1mccoyon Jan 30, 2023 8:46am

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Post# 35253572

ABT Capital Markets

This is what the G&M Upgrades has this morning- But TD has EXROF listed at $3.30 . I'll try and get it straighten out

* Resuming coverage following a $15-million convertible debenture issue, ATB Capital Markets’ Chris Murray bumped his Exro Technologies Inc. (

EXRO-T

+2.73%

) target to $3.30 from $3, keeping a “speculative buy” rating. The average is $3.33.

“The timing of the financing was consistent with our expectations, with net proceeds to be used to advance several ongoing initiatives, including commercial partnership development and the completion of its Calgarybased production facility, which is expected to start commercial production in H2/23,” he said.

TD's Site

01.29.23

Buy

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