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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

Comment by thefourthon Feb 17, 2024 12:38pm
164 Views
Post# 35885887

RE:New Website 4 Exro & Sea, 3 Conditions on My Yes Vote....

RE:New Website 4 Exro & Sea, 3 Conditions on My Yes Vote....

Johnny, I have come to realize that our votes yea or nay will be irrelevant.  I went through the merger presentation available at Sedar that is included in the material change report and came to realize that the deal is essentially locked up with insiders and major shareholders of both EXRO and SEA having already come out in favour of the merger and have "locked up" their shares.

Last I checked Director Mark Godsy was holding over 6 mm shares.  So, he's all in. My only remaining questions are about the financial fairness to EXRO shareholders and I don't expect they will ever be answered.  So, I guess we just gotta go with it.

best regards
thefourth

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