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 Pandoraon Feb 16, 2024 7:57pm

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Post# 35885339

RE:RE:RE:RE:RE:RE:Consolidation versus Dilution

Seeing as there are those out there that are in favour of an RS maybe check out a company that is also in the EV market and see what has happened to them since they did a 1 for 100 RS on December 21, 2023 to stay listed on the Nasdaq. I did not see the numbers before the split happened but looking at the "price history" tab it appears they were at 8 cents on the day of the split so the conversion was to $8. Today it closed at $9.18 -- the first time since January 18 that it closed above $8. The company is Mullen Trucking - symbol is MULN on the Nasdaq.