Exro Technologies (TSE:EXRO) has released an update.
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Exro Technologies Inc. embarks on a substantial public funding initiative, aiming to raise up to $30 million by offering units that include common shares and warrants. This strategic financial move is designed to boost the company’s working capital, support SG&A, and propel Exro towards a cash flow positive status in 2025.
For further insights into TSE:EXRO stock, check out TipRanks’ Stock Analysis page.