Ensurge Micropower ASA – Extraordinary General Meeting Held

Rhea-AI Summary

Ensurge Micropower ASA held an Extraordinary General Meeting (EGM) today via electronic means. All agenda proposals from the Company's Board and Nomination Committee were accepted, including a share capital increase associated with the Private Placement announced on February 15, 2023. Additionally, Tomas Persson was elected as a new Board member. The minutes from the EGM will be available on the Company’s website.

Ensurge focuses on innovative solid-state lithium battery technology for energy storage solutions used in various applications, emphasizing flexible and cost-effective rechargeable batteries.

Positive

• Share capital increase approved, supporting future funding.
• Tomas Persson elected as a new Board member, potentially bringing fresh insights.

Negative

• None.

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

All proposals on the agenda were adopted in accordance with the proposals of the Company’s Board and Nomination Committee, published on 21 February 2023 and 13 March 2023, including the share capital increase related to the Private Placement announced by the Company on 15 February 2023, and the election of Tomas Persson as new Board member in the Company.

The minutes from the EGM will be made available on the Company's website.

For further information, please contact: 

Ståle Bjørnstad - Investor Relations 
E-mail: stale.bjornstad@ensurge.com 
Phone: +47 99 16 76 72 

About Ensurge Micropower 

Ensurge is Energizing Innovation (TM) with ultrathin, flexible, and safe energy storage solutions for wearable devices, connected sensors, and beyond. Ensurge's innovative solid-state lithium battery (SSLB) technology is uniquely positioned to enable the production of powerful, lightweight, and cost-effective rechargeable batteries for diverse applications. The company's state-of-the-art flexible electronics 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 SSLB technology to established and expanding markets. Ensurge Micropower ASA ("Ensurge") is a publicly listed company in Norway with corporate headquarters in Oslo and global headquarters in San Jose, California.

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

FAQ

What was the outcome of the Extraordinary General Meeting for ENMPY?

All proposals were adopted, including a share capital increase and the election of Tomas Persson to the Board.

When was the Private Placement announced by Ensurge Micropower ASA?

The Private Placement was announced on February 15, 2023.

What technology does Ensurge Micropower ASA specialize in?

Ensurge specializes in solid-state lithium battery technology for flexible and innovative energy storage solutions.