Ensurge Micropower ASA - Notice of Extraordinary General Meeting 19 March 2024

Rhea-AI Summary

Ensurge Micropower ASA to hold an Extraordinary General Meeting on 19 March 2024 to discuss share consolidation and authorization to issue shares.

An Extraordinary General Meeting in Ensurge Micropower ASA (the "Company") will be held on 19 March 2024 at 9:00 (CET) as an electronic meeting. Please find enclosed the notice including attendance forms (in English and in Norwegian). The Extraordinary General Meeting will have the following agenda: 

1 Registration of participating shareholders; election of a person to chair the meeting and a person to co-sign the minutes 

2 Approval of the notice and agenda 

3.1 Board authorization to issue shares in connection with share consolidation

3.2 Share consolidation

3.3 Amendment to the Articles of Association in connection with the share consolidation

4.1 Board authorization to issue shares in private placements

4.2 Board authorization to issue shares in rights issues

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: 

For more information, please contact: Lars Eikeland, Chief Executive Officer E-mail: lars.eikeland@ensurge.com

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

Attachment

• EGM Notice - Ensurge Micropower ASA

FAQ

When will the Extraordinary General Meeting of Ensurge Micropower ASA take place?

The Extraordinary General Meeting will be held on 19 March 2024 at 9:00 (CET) as an electronic meeting.

What will be discussed during the meeting?

The meeting will cover topics such as registration of participating shareholders, election of meeting chair, approval of notice and agenda, share consolidation, amendment to Articles of Association, and authorization to issue shares.

What is the purpose of the share consolidation?

The share consolidation aims to consolidate shares to streamline the company's capital structure and potentially increase shareholder value.

Why is there a need for board authorization to issue shares in private placements and rights issues?

Board authorization is required to enable the company to issue shares in private placements and rights issues, which can be crucial for fundraising and strategic business decisions.