Exro Technologies Inc T.EXRO

When will Sue be addressing the shareholders?

[up2005]

Time for her to step up and explain why she thinks we have gone through so much carnage? I plan to ride out this storm but would feel more comfortable hearing from the company and the tone of how this mess is going to be behind us.

This raise at $ 1.60 on Monday only to be at $ 1.38 on Thursday that is a burn. $ 17,500,000 Monday and it's $ 15,203,125 Thursday. That's a big punch in the gut.

[Moemoney42]

The cash still comes in at $17.5 million regardless.. what ticks me off is the $130 million in market cap the company has lost.. that really stings.. and hurts going forward as we now have to make up about $150 million just to get back to where we were with the larger share count.. :-/

[Pandora]

  Exro Technologies to list additional shares Feb. 4   2022-02-03 20:26 ET - Prospectus Approved   The Toronto Stock Exchange reports that Exro Technologies Inc. will list additional shares at the open on Feb. 4, 2022. As stated in its amended and restated prospectus supplement dated Feb. 1, 2022, the company will issue 12,722,450 units at $1.60 per unit in an offering.

[Pandora]

  Exro Technologies warrants to trade on TSX   2022-02-03 20:30 ET - Warrants Called to Trade   The Toronto Stock Exchange reports that Exro Technologies Inc. will list 6,361,225 warrants for trading on the TSX on Feb. 4, 2022, under the symbol EXRO.WT and Cusip No. 30222R 12 5. As stated in its amended and restated prospectus supplement dated Feb. 1, 2022, the company

[Wriggles]

The warrants were valued at 28 cents in the the Over-allotment to the underwriters.  T'will be interesting to see what price the market assigns to these.

[Wriggles]

I guess we will have to wait and see.  Trading on the warrants has been halted pending closing