Ensurge Micropower ASA - Annual General Meeting Held on 14 May 2024

Rhea-AI Summary

Ensurge Micropower held its Annual General Meeting (AGM) electronically on May 14, 2024. All agenda items were approved as proposed by the board of directors. The minutes will be available on their website.

Ensurge specializes in ultrathin, flexible, and safe solid-state lithium microbatteries for wearable devices and IoT sensors. These batteries cater to the 1 to 100 milliampere-hour (mAh) class, suitable for form-factor-constrained applications such as hearables, digital health wearables, sports devices, and energy-harvesting IoT sensors. The company operates a state-of-the-art facility in Silicon Valley, utilizing patented technology and roll-to-roll production methods.

Positive

• All agenda items were approved by the board of directors.
• Innovative microbatteries suitable for a range of applications including wearables and IoT sensors.
• State-of-the-art manufacturing facility in Silicon Valley.
• Patented technology and roll-to-roll production methods enable large-scale production.

Negative

• The PR lacks specific financial data or performance metrics.
• No immediate impact on stock price indicated.
• Absence of detailed strategic or business development updates.

An Annual General Meeting in Ensurge Micropower ASA (the "Company") was held today as an electronic meeting. 

All items on the agenda were adopted in accordance with the proposals of the board of directors of the Company. 

The minutes from the Annual General Meeting will be made available on the Company's website. 

About Ensurge Micropower

Ensurge is Energizing Innovation (TM) with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery for the 1 to 100 milliampere-hour (mAh) class of wearable devices, connected sensors, and beyond. The innovative Ensurge Microbattery enables energy-dense rechargeable products that are ideal for form-factor-constrained applications including hearables (hearing aids and wireless headphones), digital and health wearables, sports and fitness devices, and IoT sensor solutions that use energy harvesting to power everyday things. The company's state-of-the-art manufacturing facility, located in the heart of Silicon Valley, combines patented process technology and materials innovation with the scale of roll-to-roll production methods to bring the advantages of Ensurge technology to established and expanding markets. 

For more information:

Lars Eikeland, Chief Executive Officer 
E- mail: lars.eikeland@ensurge.com (mailto:lars.eikeland@ensurge.com)

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

FAQ

What was the outcome of the Ensurge Micropower AGM on May 14, 2024?

All agenda items were approved as proposed by the board of directors.

What products does Ensurge Micropower specialize in?

Ensurge specializes in ultrathin, flexible, reliable, and safe solid-state lithium microbatteries for wearable devices and IoT sensors.

Where is Ensurge Micropower's manufacturing facility located?

Ensurge's state-of-the-art manufacturing facility is located in Silicon Valley.