Wednesday, December 17, 2025

Charged EVs | Exro Applied sciences: Discover of sale solicitaion course of

On November 14, 2025, FTI Consulting Canada Inc. was appointed as receiver and supervisor (the “Receiver”) of all of the belongings, undertakings and properties of Exro Know-how Inc., DPM Applied sciences Inc. and Cellex Power Inc. (the “Debtors”) pursuant to an Order of the Court docket of King’s Bench of Alberta (the “Receivership Order”).

Pursuant to the Receivership Order the Receiver is permitted to market any or the entire Debtors’ property, together with promoting and soliciting presents in respect of the property (the “SSP”). The SSP is meant to solicit curiosity in, and alternatives for a sale of all, or a part of, Debtors’ belongings and enterprise operations on a going concern foundation.

Copies of publicly obtainable info filed in respect of the Receivership Proceedings might be discovered on the Receiver’s web site at: http://cfcanada.fticonsulting.com/exro.

Entry to a digital information room (“VDR”) would require execution of a non-disclosure settlement (“NDA”).

events ought to contact the Receiver with respect to signing an NDA and/or entry to the Knowledge Room and shouldn’t contact staff and administration of the Debtors straight.

The Debtor is a number one designer, engineer and producer of energy management applied sciences for electrical motors and batteries. By means of its patented energy electronics (60+ patents), {hardware} and software program, the belongings allow industrial vehicles and passenger autos to be extra reasonably priced, scalable and environment friendly.

Telephone: 1-403-454-6040
E mail: hailey.liu@fticonsulting.com

FTI Consulting Canada Inc.
Receiver of the Exro Know-how Inc.,
DPM Applied sciences Inc. and Cellex Power Inc.
1610 – 520 5th Ave. S.W.
Calgary, Alberta T2P 3R7


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