Exro Provides Update on Facility Milestones
As the Company announced in its May 16, 2025 news release, advances under the Facility require Exro to meet various milestones, one of which was either (1) the postponement of security from a requisite majority of the Company's $15 million of debentures issued pursuant to an indenture dated December 30, 2022 (the "Convertible Debentures"), or (2) the redemption of the Convertible Debentures for Exro shares.