Exro Technologies Responds to Market Activity
Exro Technologies (TSX: EXRO), a power control solutions provider for electric vehicles and energy storage, has issued a statement responding to recent unusual trading activity in its shares. The company confirmed that there are no undisclosed material changes to its business or operations that would explain the recent increase in share price and trading volume.
The company reiterated that it continues to explore financing alternatives to support its business plan while maintaining focus on executing its strategic initiatives.
Exro Technologies (TSX: EXRO), fornitore di soluzioni di controllo della potenza per veicoli elettrici e accumulo di energia, ha rilasciato una dichiarazione in risposta a una recente attività di trading insolita delle sue azioni. L'azienda ha confermato che non ci sono cambiamenti materiali non comunicati nel suo business o nelle operazioni che possano giustificare l'aumento recente del prezzo delle azioni e del volume di scambi.
La società ha ribadito che continua a esplorare alternative di finanziamento per sostenere il proprio piano aziendale, mantenendo al contempo l'attenzione sull'esecuzione delle sue iniziative strategiche.
Exro Technologies (TSX: EXRO), proveedor de soluciones de control de potencia para vehículos eléctricos y almacenamiento de energía, ha emitido una declaración en respuesta a la reciente actividad inusual en la negociación de sus acciones. La compañía confirmó que no existen cambios materiales no divulgados en su negocio u operaciones que expliquen el reciente aumento en el precio de las acciones y el volumen de negociación.
La empresa reiteró que continúa explorando alternativas de financiamiento para apoyar su plan de negocios, mientras mantiene el enfoque en la ejecución de sus iniciativas estratégicas.
Exro Technologies (TSX: EXRO)는 전기차 및 에너지 저장용 전력 제어 솔루션 제공업체로서 최근 자사 주식의 비정상적인 거래 활동에 대해 성명을 발표했습니다. 회사는 최근 주가 및 거래량 증가를 설명할 수 있는 미공개 중대한 사업 또는 운영상의 변화가 없음을 확인했습니다.
회사는 전략적 이니셔티브 실행에 집중하면서 사업 계획을 지원하기 위한 자금 조달 방안을 계속 모색하고 있음을 다시 한 번 밝혔습니다.
Exro Technologies (TSX : EXRO), fournisseur de solutions de contrôle de puissance pour véhicules électriques et stockage d'énergie, a publié une déclaration en réponse à une activité de trading inhabituelle récente de ses actions. La société a confirmé qu'il n'y a pas de changements matériels non divulgués dans ses activités ou opérations pouvant expliquer la récente hausse du cours de l'action et du volume des échanges.
L'entreprise a réitéré qu'elle continue d'explorer des alternatives de financement pour soutenir son plan d'affaires tout en restant concentrée sur l'exécution de ses initiatives stratégiques.
Exro Technologies (TSX: EXRO), ein Anbieter von Leistungskontrolllösungen für Elektrofahrzeuge und Energiespeicherung, hat eine Stellungnahme zu den jüngsten ungewöhnlichen Handelsaktivitäten seiner Aktien veröffentlicht. Das Unternehmen bestätigte, dass es keine nicht offengelegten wesentlichen Änderungen im Geschäft oder Betrieb gibt, die den jüngsten Anstieg des Aktienkurses und des Handelsvolumens erklären würden.
Das Unternehmen bekräftigte, dass es weiterhin Finanzierungsalternativen prüft, um seinen Geschäftsplan zu unterstützen, und dabei den Fokus auf die Umsetzung seiner strategischen Initiativen beibehält.
- None.
- Company is seeking additional financing, indicating potential capital needs
- Unusual stock price increase without fundamental business changes suggests speculative trading
Exro confirms that it is not aware of any undisclosed material change to the Company's business or operations that would account for the recent increase in its share price and trading volume.
As previously disclosed, the Company continues to actively explore financing alternatives to support its business plan and remains focused on executing its strategic initiatives.
ABOUT EXRO TECHNOLOGIES INC.
Exro Technologies Inc., now expanded through the strategic acquisition of SEA Electric, is a leading clean technology company that has developed new-generation power control electronics. Its innovative suite of solutions, including Coil Driver™, Cell Driver™, and SEA-Drive®, expand the capabilities of electric motors and batteries and offer OEMs a comprehensive e-propulsion solution with unmatched performance and efficiency. Exro is reshaping global energy consumption, accelerating adoption towards a circular electrified economy by delivering more with less – minimum energy for maximum results.
For more information visit our website at www.exro.com.
To view our Corporate Presentation visit us at www.exro.com/investors
Visit us on social media @exrotech.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified using terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company with the Canadian securities regulators, including the Company's annual information form for the financial year ended December 31, 2024, and financial statements and related MD&A for the financial year ended December 31, 2024, filed with the securities regulatory authorities in certain provinces of
Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of
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SOURCE Exro Technologies Inc.
FAQ
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