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.

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Exro Technologies Inc > Consolidation versus Dilution

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Comment by Sarkazooon Feb 14, 2024 8:37pm

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Post# 35880971

RE:RE:Consolidation versus Dilution

One, it was a disaster and I've also seen many other fail. The thing with majority of companies that do a reverse split is they fail to create value and post split they continue to create no value. It will be a very different story for Exro and SEA if the can achieve the revenue targets they've posted.

To everyone upset about the potential outcome of a reverse split would you feel better or no different if the merged companies achieve their revenue target of 200-250 million in 2024?

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