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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 Markcalgaryon Feb 02, 2023 11:31am
266 Views
Post# 35262361

my guess is that the announcement is soon......

my guess is that the announcement is soon......We hit $C3 and dropped back.  I would guess/hopeful that there is an equity component to "the deal" and that the rapid rise in the stock cant get too far out of hand to meet the terms of the deal.  Think we will be parked in this price range till then .  Normal discount to market pricing is 15% or less..... would have some dry powder on hand in case they do a concurrent placement to match whatever might be in the deal.  

GLTA
MC
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