STOCK TITAN

Ensurge Micropower ASA – Grant of Incentive Subscription Rights

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Ensurge Micropower ASA has announced the grant of 80,000 incentive subscription rights to US employees on February 3, 2025. The grant, made under the company's 2024 incentive subscription rights plan, features an exercise price of NOK 0.969 per share. The subscription rights will vest in two equal portions: 50% after one year and 50% after two years from the grant date, with an expiration date of May 14, 2029.

Ensurge specializes in developing ultrathin, flexible solid-state lithium microbatteries for the 1-100 milliampere-hour (mAh) market. Their technology targets applications in wearables, connected sensors, and IoT devices. The company operates a manufacturing facility in Silicon Valley, combining patented process technology with roll-to-roll production methods.

Ensurge Micropower ASA ha annunciato la concessione di 80.000 diritti di sottoscrizione incentivati ai dipendenti statunitensi il 3 febbraio 2025. La concessione, effettuata nell'ambito del piano di diritti di sottoscrizione incentivati della società per il 2024, prevede un prezzo di esercizio di NOK 0,969 per azione. I diritti di sottoscrizione si matureranno in due porzioni uguali: il 50% dopo un anno e il 50% dopo due anni dalla data di concessione, con una data di scadenza fissata per il 14 maggio 2029.

Ensurge si specializza nello sviluppo di microbatterie al litio solido, ultrafini e flessibili, per il mercato da 1 a 100 milliampere-ora (mAh). La loro tecnologia si rivolge ad applicazioni in dispositivi indossabili, sensori connessi e dispositivi IoT. L'azienda gestisce un impianto di produzione nella Silicon Valley, combinando tecnologia di processo brevettata con metodi di produzione roll-to-roll.

Ensurge Micropower ASA ha anunciado la concesión de 80.000 derechos de suscripción incentivados a empleados estadounidenses el 3 de febrero de 2025. La concesión, realizada bajo el plan de derechos de suscripción incentivados de la compañía para 2024, tiene un precio de ejercicio de NOK 0,969 por acción. Los derechos de suscripción se adquirirán en dos partes iguales: el 50% después de un año y el 50% después de dos años a partir de la fecha de concesión, con una fecha de caducidad del 14 de mayo de 2029.

Ensurge se especializa en el desarrollo de microbaterías de litio de estado sólido, ultradelgadas y flexibles, para el mercado de 1 a 100 miliamperios-hora (mAh). Su tecnología está dirigida a aplicaciones en dispositivos portátiles, sensores conectados y dispositivos IoT. La compañía opera una instalación de fabricación en Silicon Valley, combinando tecnología de proceso patentada con métodos de producción roll-to-roll.

Ensurge Micropower ASA는 2025년 2월 3일 미국 직원들에게 80,000개의 인센티브 구독권을 부여했다고 발표했습니다. 이 부여는 회사의 2024년 인센티브 구독권 계획에 따라 이루어지며, 주당 행사가격은 NOK 0.969입니다. 구독권은 두 개의 동등한 부분으로 베스팅됩니다: 1년 후 50%와 부여일로부터 2년 후 50%가 유효하며, 만료일은 2029년 5월 14일입니다.

Ensurge는 1-100 밀리암페어시( mAh) 시장을 위한 초박형 유연 고체 리튬 마이크로배터리 개발을 전문으로 합니다. 그들의 기술은 웨어러블 기기, 연결된 센서 및 IoT 장치에서의 응용 프로그램을 목표로 하고 있습니다. 이 회사는 실리콘 밸리에 제조 시설을 운영하고 있으며, 특허받은 프로세스 기술과 롤 투 롤 생산 방법을 결합하고 있습니다.

Ensurge Micropower ASA a annoncé l'octroi de 80 000 droits de souscription incitatifs à ses employés américains le 3 février 2025. L'octroi, effectué dans le cadre du plan de droits de souscription incitatifs de l'entreprise pour 2024, comprend un prix d'exercice de 0,969 NOK par action. Les droits de souscription seront acquis en deux portions égales : 50 % après un an et 50 % après deux ans à partir de la date d'octroi, avec une date d'expiration fixée au 14 mai 2029.

Ensurge se spécialise dans le développement de microbatteries lithium solides, ultrafines et flexibles, pour le marché de 1 à 100 milliampères-heure (mAh). Leur technologie cible des applications dans les dispositifs portables, les capteurs connectés et les appareils IoT. L'entreprise exploite une installation de fabrication dans la Silicon Valley, combinant une technologie de processus brevetée avec des méthodes de production flexibles.

Ensurge Micropower ASA hat am 3. Februar 2025 die Gewährung von 80.000 Anreiz-Zeichnungsrechten an US-Mitarbeiter angekündigt. Die Gewährung, die im Rahmen des Anreiz-Zeichnungsplans des Unternehmens für 2024 erfolgt, sieht einen Ausübungspreis von NOK 0,969 pro Aktie vor. Die Zeichnungsrechte werden in zwei gleichen Teilen fällig: 50 % nach einem Jahr und 50 % nach zwei Jahren ab dem Gewährungsdatum, mit einem Ablaufdatum am 14. Mai 2029.

Ensurge ist auf die Entwicklung ultradünner, flexibler Solid-State-Lithium-Mikrobatterien für den 1-100 Milliampere-Stunden (mAh) Markt spezialisiert. Ihre Technologie zielt auf Anwendungen in tragbaren Geräten, vernetzten Sensoren und IoT-Geräten ab. Das Unternehmen betreibt eine Fertigungsstätte im Silicon Valley und kombiniert patentierte Verfahrenstechnik mit Roll-to-Roll-Produktionsmethoden.

Positive
  • None.
Negative
  • None.

The Board of Directors of Ensurge Micropower ASA (the "Company") resolved on 3 February 2025 to grant a total of 80,000 incentive subscription rights to certain US employees in the Ensurge group. The grant was made under the Company's 2024 incentive subscription rights plan, as resolved at the Annual General Meeting on 14 May 2024. The exercise price of the subscription rights is calculated to NOK 0.969 per share. 

50% of the subscription rights will vest on the one-year anniversary of the date of grant, and the remaining 50% will vest on the two-year anniversary of the date of grant. The subscription rights expire on 14 May 2029. 

The subscription rights otherwise follow the terms and conditions of the 2024 subscription rights incentive plan. 

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, please contact: 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 of the Norwegian Securities Trading Act.


FAQ

What are the vesting terms for Ensurge Micropower's (ENMPY) February 2025 subscription rights grant?

The subscription rights vest in two equal portions: 50% after one year and 50% after two years from the February 3, 2025 grant date.

What is the exercise price for Ensurge Micropower's (ENMPY) 2025 subscription rights?

The exercise price for the subscription rights is NOK 0.969 per share.

When do Ensurge Micropower's (ENMPY) February 2025 subscription rights expire?

The subscription rights expire on May 14, 2029.

How many incentive subscription rights did Ensurge Micropower (ENMPY) grant in February 2025?

Ensurge Micropower granted a total of 80,000 incentive subscription rights to US employees.

What market segment does Ensurge Micropower's (ENMPY) microbattery technology target?

Ensurge's microbatteries target the 1-100 milliampere-hour (mAh) class of devices, including hearables, wearables, and IoT sensor solutions.

Ensurge Micropower Asa

OTC:ENMPY

ENMPY Rankings

ENMPY Latest News

ENMPY Stock Data

62.02M
30.54M
Electronic Components
Technology
Link
Norway
Oslo