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Exro Technologies Inc T.EXRO

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

Industrials
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

Exro Technologies Inc > Not Overly Impressed.....
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Comment by SIMPLICITI1on May 16, 2023 9:27am
169 Views
Post# 35449968

RE:RE:RE:RE:RE:Not Overly Impressed.....

RE:RE:RE:RE:RE:Not Overly Impressed.....Markcalgary, 
I've been at this a long long time and I don't need a lecture on how brokerages houses play the game. 

So riddle me this..... EXRO just issued their financial statements..... you saw the cash on hand.... and the likelihood outstanding warrants being exercised is quite high as well. 

So why go out for $30 million on the heels of what you seem to think is a positive announcement? Why not wait and see what the market reaction would be to the Linamar deal? 

You should know the answer.....  
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