Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

Alternate Symbol(s): T.EXRO.WT | T.EXRO.WT.A | EXROF

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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

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TSX:EXRO - Post Discussion

Exro Technologies Inc > Soon time to award marks

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Post by tamaracktop on Aug 14, 2024 12:12pm

Soon time to award marks

In only a few hours, we'll be in a far better position to judge the merits of these two "independent evaluations" of Exro's merger/acquisition of Sea

.CALGARY, AB, March 27, 2024 /PRNewswire/

- Exro Technologies Inc. ... announced today that Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co., LLC ("Glass Lewis"), leading independent proxy advisors, have both recommended that Exro shareholders vote in favour of the Share Issuance Resolution at the upcoming April 4, 2024, shareholder meeting pertaining to the proposed merger with SEA Electric Inc. ("SEA Electric").

Leading independent proxy advisors ISS and Glass Lewis recommend shareholders vote in favour of the Share Issuance Resolution.
ISS expects the combination to provide synergies, enhance scale, and provide human capital benefits through the leadership and expertise of senior executives of each entity.
Glass Lewis believes that the board has presented a sufficient case to support its view that the transaction presents an attractive strategic opportunity to combine complementary products and benefit from synergies.
Shareholders are encouraged to vote in advance of the proxy voting deadline on April 2, 2024, at 11 a.m. (Mountain Time).