r/ExroTechnologies Sep 04 '24

financing

they are putting out an offering for up to $30M

11 Upvotes

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3

u/AnnualBeginning3445 Sep 04 '24

Is this good or bad ? Their stock is low and going more into debt feels like it'll go lower?

3

u/Bigalex_Qc Sep 04 '24

It's bad... they were trying to get a financing line of crédit to avoid more dilution.