Expion360, an Oregon-based lithium battery maker is delaying $19.3m worth of IPO. It was planned for March 28, so three days already passed and traders are still waiting for an expected ticker symbol of XPON to be active on their screens.
Is XPON stock worth to invest?
As most urban population is tired of crowded city life traveling is the most suitable choice for them to release stress. In farthest places where only nature dwells the travelers always need mobile energy reserves in form of lithium batteries. So Expio360 has chosen the right niche to serve the multimillion market of the U.S. Energy from solar panels can also be reserved inside Expion360’s mobile batteries. Looking at the strong purchasing power market of the U.S it is quite feasible to expand Expion360’s business. Investing in XPON stock could be long-term as well while lithium batteries are needed in many segments of different heavy industries.