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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 > Finance with the same institutions, diff price?
View:
Post by Napcoo on Jan 22, 2024 7:52pm

Finance with the same institutions, diff price?

This is the receipt of the Alberta Securities Commission for the Amended and Restated Short Form Base
Shelf Prospectus dated January 15, 2024 (the amended prospectus) amending and restating the Short
Form Base Shelf Prospectus of the above Issuer dated May 8, 2023.
Comment by Napcoo on Jan 22, 2024 9:45pm
Exro restated and modified this prospectus  https://www.exro.com/news/exro-announces-definitive-commercialization-agreement-with-linamar-and-c-30-million-bought-deal-financing
Comment by Napcoo on Jan 22, 2024 9:53pm
NDA and or ul might be coming soon, together with finance, looks like existing partners have no plans taking a position in exro, while institutions might be, but with lower price compared to previous $2.25 cad, but should be higher than current share price
Comment by TeamEddie on Jan 22, 2024 10:13pm
a prospectus is just saying they may 
Comment by Napcoo on Jan 22, 2024 10:38pm
May 8, 2023 prospectus was 200 mln, valid for 25 months, still valid, why restated and amended?
Comment by TeamEddie on Jan 22, 2024 11:21pm
pretty sure one just expired on Jan 16th and that is just keeping the option open, it does not mean they will raise $200m but could if they wanted
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