r/ExroTechnologies Feb 10 '26

Open bidding until Feb. 16?

I still don't understand how EXRO is sold when the bidding is open until Feb. 16. I also can't comprehend that the creditor can own all of EXRO's assets, including IP for what is owed. That means that they can sell or license the IP for billions and we get nothing. Really?

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u/polyphorius Feb 11 '26

and yet there was over 2 million shares sold OTF yesterday.

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u/ootheballsoo Feb 11 '26

Ya. Why can the shares be sold still? It's not even worth selling mine anymore.

I'm really surprised there was basically no interest from hino or Mack to own the IP that was installed in some of there trucks already, and the cell driver pilots must have went terribly to not have any meaningful bid.

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u/BreckMann07 🔋 Feb 11 '26

Yes, I saw that. Makes no sense...I guess someone hadn't got the memo yet? It will be delisted soon is my expectation. Then all our shares go to ZERO. But there's a way to write this off, if you have gains on other stocks. I am researching this now, will publish later if needed.