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Exro Technologies Issues Shares for Debenture Interest

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Exro Technologies Issues Shares for Debenture Interest

Exro Technologies (TSE:EXRO) has released an update.

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Exro Technologies Inc. has announced that it will settle interest payments on its secured convertible debentures by issuing 6,407,141 common shares at a price of $0.14 each. This decision is part of Exro’s strategy to manage its financial obligations while continuing to innovate in the clean-technology space.

For further insights into TSE:EXRO stock, check out TipRanks’ Stock Analysis page.

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