Exro Technologies Inc T.EXRO

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

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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 > Stifel Nicholas Crosses 4.7M shares

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Post by Markcalgaryon Jan 31, 2024 1:08pm

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Post# 35855234

Stifel Nicholas Crosses 4.7M shares

Yesterday they crossed 2.5M shares within their own brokerage. 2.2M today again almost all internally.
Trades like this are usually to reset the cost of the shares in the holders account. Both are at .95...the exact price of the raise. No listed insider (SEDI) has anywhere near that number of shares. Would suspect that its an institutional holding, or a short?

They are not part of the Capital raise.

Thoughts?

GLTA
MC

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