Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and powertrains, has plans to list its common shares on the Toronto Stock Exchange; the company plans to use the same trading symbol: EXRO. Exro has received conditional approval to make the move. The company will receive final approval, which it anticipates before the end of July 2021, upon meeting certain customary conditions of the TSX. When EXRO moves to the Toronto Stock Exchange, it will delist from the TSXV. "We've made huge strides in the last 12 months on our path to bringing our Coil Driver to next-generation electric vehicles and graduating to the TSX is another important breakthrough for us," said Exro Technologies CEO Sue Ozdemir in the press release. “We have seen continued growth of engagement for our technologies so far in 2021 and are looking forward to expand the reach of our engagement further for all of our current and future shareholders."
To view the full press release, visit https://ibn.fm/Uym6s
About Exro Technologies Inc.
Exro is a clean-technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators and batteries. Exro enables the application to achieve more with less energy consumed. Exro's advanced motor control technology, the Coil Driver, expands the capabilities of powertrains by enabling intelligent optimization for efficient energy consumption. Exro is working with many partners from all over the world to bring their technology to the electric mobility industries and beyond. For more information about the company, please visit www.Exro.com.
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
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