Canadian electric motor supplier Exro to raise USD28 million
Net proceeds will be used for further R&D of the company’s intelligent battery management system, micro, light and commercial electric vehicle (EV) programs
Canada-based Exro Technologies Inc. is aiming to raise between CAD30 million (USD23 million) and CAD36.5 million through a public offering of its shares, according to a company press release on 25 November
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