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Bullboard - Stock Discussion Forum 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > Wasn't the PP supposed to close Sept 15?
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Post by uggg on Sep 19, 2022 2:48pm

Wasn't the PP supposed to close Sept 15?

If I had subscribed for it I would see about pulling out & buying in the market if you still want shares. Not always possible but sometimes you can. I would think with all the high powered/priced employees they could fill a small placement like this. I would hope to see Sue in for a few shares.
Comment by up2005 on Sep 19, 2022 3:03pm
$ 1.05 - $ .765 = $ .285 cents per share savings over the PP price, okay you lose the warrant, but in these uncertain times it would make those in the PP think again. 3 moths ago at $ 1.50 I did not see us being cust in half to $ .75 today. We need some NEWS now. Their are a lot o nervous shareholders. Getting further underwater everyday. The spring coil is being tightened, to things could happen, ...more  
Comment by bayoubucks on Sep 19, 2022 3:13pm
The financing closed 9/1.
Comment by iiioiii on Sep 19, 2022 3:27pm
There was also a non-brokered concurrent Private Placement that was due to close on or around Sept 15, 2022. See the following link for further clarity: https://www.globenewswire.com/news-release/2022/09/01/2508642/0/en/Exro-Announces-Closing-of-Brokered-Public-Offering-and-Update-on-Concurrent-Non-Brokered-Private-Placement.html
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