2024 – A Year of Harsh Realities for EXRO Technologies

…but with the usual sliver of promise EXRO ended 2024 with mixed results that fell far short of early-year expectations. When announcing its merger with SEA Electric in early 2024, EXRO forecasted over $200 million in annual revenue, largely based on delivering up to 1,000 SEA-Drive® electric propulsion systems. However, actual results told a different … Read more

EXRO’s 2024 in Review: Shareholders and Takeover Dynamics

Understanding Takeovers and Buyouts

A buyout, also known as an acquisition, involves one entity purchasing a significant portion or all of a company’s shares to gain control.

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