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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 > Dilutive financing is coming soon! 5 cents SP is coming!
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Post by Napcoo on Nov 13, 2024 7:09pm

Dilutive financing is coming soon! 5 cents SP is coming!

No matter what they've told you, exro need $30 mln per quarter, untill profitable, they told you the last raise will last untill profitable, and will be in early 2025, now later 2025, I am sure will be much longer, at the same time, $30 mln expense per quarter, that's $140 mln till end of 2025 to raise, an immediate raise of $30 mln at 10 cents cad will require additional 300 mln shares, what is about the next raise?
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