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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 Oct 02, 2023 8:05pm
186 Views
Post# 35666017

November 8th is 2 Year Anniversary, so What Now and Why ??

November 8th is 2 Year Anniversary, so What Now and Why ??.....It seems that we are at the cusp of greatness, but Only seems it....

...if Exro has  5 year "Chart" to 1 Billion, why not share the intrinsic value to get their ????

...I believe Exro Could do much more and seems happy, are they ?? More on this later....

Calgary, Alberta (November 8, 2021) – 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, announced today that it has submitted an initial application to list on The Nasdaq Stock Market LLC (“Nasdaq“).  

Pursuing a Nasdaq listing enables the Company to accelerate its business strategy in the United States and attract institutional and retail investors, while enhancing shareholder value. This initiative follows the Company’s U.S. headquarters in Mesa, Arizona announcement to further develop next-generation power electronics and aligns with its expansion plans to gain global presence.

“This year, the Exro team has made significant breakthroughs in bringing new solutions for electrification to market, “said Sue Ozdemir, Chief Executive Officer of Exro. “Listing on the Nasdaq, the second-largest stock exchange in the world, will be an important step in growing Exro’s brand and visibility while improving shareholder value as we progress on our journey to commercialization.”

The listing of the Exro’s common shares on Nasdaq remains subject to the review and approval of the listing application and the satisfaction of all applicable listing and regulatory requirements, including approval of a registration statement to be filed by the Company with the U.S. Securities and Exchange Commission. Exro’s common shares will continue to trade on the OTCQB under the ticker symbol “EXROF” until Nasdaq approval and up-listing. Exro will continue to maintain the listing of its common shares on the Toronto Stock Exchange under the trading symbol “EXRO”.

 
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