The Toronto Stock Exchange reports that Exro Technologies Inc. will list additional common shares at the open on Sept. 13, 2024. As stated in its prospectus supplement dated Sept. 6, 2024, to the
amended and restated short form base shelf prospectus dated
Jan. 15, 2024, the company is issuing up to 85,715,000 units at 35 cents per unit in an offering, with each unit consisting of one share and one-half of one common share purchase warrant.
According to the TSX, the units will separate immediately upon the closing of the offering. Each warrant will be exercisable at 42 cents per share until the date that is 36 months following the closing date of the offering. The TSX has issued a separate bulletin regarding the listing of the warrants.
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