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Ensurge Micropower ASA - Registration of Share Capital Increase

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Ensurge Micropower ASA (ENMPY) has registered a share capital increase following the exercise of 16,000 vested incentive subscription rights and the issuance of 2,216,074 shares under its 2024 Employee Share Purchase Plan. The company's updated share capital is NOK 311,113,173, divided into 622,226,346 shares with a par value of NOK 0.50 each.

Ensurge specializes in ultrathin, flexible solid-state lithium microbatteries for the 1-100 mAh class, targeting wearables, connected sensors, and IoT devices. Their innovative technology enables energy-dense rechargeable products ideal for form-factor-constrained applications. The company operates a state-of-the-art manufacturing facility in Silicon Valley, combining patented process technology with roll-to-roll production methods.

Ensurge Micropower ASA (ENMPY) ha registrato un incremento del capitale sociale a seguito dell'esercizio di 16.000 diritti di sottoscrizione incentivati maturati e dell'emissione di 2.216.074 azioni nell'ambito del suo Piano di Acquisto Azionario per Dipendenti 2024. Il capitale sociale aggiornato della società è di NOK 311.113.173, suddiviso in 622.226.346 azioni con un valore nominale di NOK 0,50 ciascuna.

Ensurge si specializza in microbatterie al litio solid-state ultrafini e flessibili per la classe 1-100 mAh, rivolgendo i suoi prodotti a dispositivi indossabili, sensori connessi e dispositivi IoT. La loro tecnologia innovativa consente la creazione di prodotti ricaricabili ad alta densità energetica ideali per applicazioni con limitazioni di forma. L'azienda gestisce un impianto di produzione all'avanguardia nella Silicon Valley, combinando tecnologie di processo brevettate con metodi di produzione roll-to-roll.

Ensurge Micropower ASA (ENMPY) ha registrado un incremento de capital social tras la ejecución de 16.000 derechos de suscripción incentivados y la emisión de 2.216.074 acciones bajo su Plan de Compra de Acciones para Empleados 2024. El capital social actualizado de la compañía es de NOK 311.113.173, dividido en 622.226.346 acciones con un valor nominal de NOK 0,50 cada una.

Ensurge se especializa en microbaterías de litio en estado sólido ultradelgadas y flexibles para la clase de 1-100 mAh, dirigidas a dispositivos portátiles, sensores conectados y dispositivos IoT. Su tecnología innovadora permite productos recargables de alta densidad energética ideales para aplicaciones con limitaciones de forma. La empresa opera una instalación de fabricación de última generación en Silicon Valley, combinando tecnología de proceso patentada con métodos de producción roll-to-roll.

Ensurge Micropower ASA (ENMPY)는 16,000개의 권리가 행사되고 2024년 직원 주식 구매 계획에 따라 2,216,074주를 발행함에 따라 자본금 증가를 등록했습니다. 회사의 업데이트된 자본금은 NOK 311,113,173으로, 622,226,346주로 나뉘며 각 주의 액면가는 NOK 0.50입니다.

Ensurge는 1-100mAh 클래스의 초박형 유연 고체 리튬 마이크로배터리를 전문으로 하여, 웨어러블, 연결된 센서 및 IoT 장치를 목표로 하고 있습니다. 그들의 혁신적인 기술은 형태에 제약이 있는 응용을 위한 고밀도 재충전 가능한 제품을 가능하게 합니다. 이 회사는 실리콘 밸리에 최첨단 제조 시설을 운영하며, 특허 받은 공정 기술과 롤-투-롤 생산 방법을 결합하고 있습니다.

Ensurge Micropower ASA (ENMPY) a enregistré une augmentation de capital suite à l'exercice de 16 000 droits de souscription incitatifs et à l'émission de 2 216 074 actions dans le cadre de son Plan d'Achat d'Actions pour Employés 2024. Le capital social actualisé de l'entreprise est de NOK 311 113 173, divisé en 622 226 346 actions d'une valeur nominale de NOK 0,50 chacune.

Ensurge se spécialise dans les microbatteries au lithium à état solide ultrafines et flexibles pour la classe 1-100 mAh, ciblant les dispositifs portables, les capteurs connectés et les appareils IoT. Leur technologie innovante permet la création de produits rechargeables à haute densité énergétique, idéaux pour des applications contraintes par la forme. L'entreprise exploite une installation de fabrication de pointe dans la Silicon Valley, combinant une technologie de processus brevetée avec des méthodes de production roll-to-roll.

Ensurge Micropower ASA (ENMPY) hat eine Kapitalerhöhung nach der Ausübung von 16.000 ausgeübten Anreiz-Soptionsrechten und der Ausgabe von 2.216.074 Aktien im Rahmen seines Mitarbeiteraktienplans 2024 registriert. Das aktualisierte Grundkapital des Unternehmens beträgt NOK 311.113.173 und ist in 622.226.346 Aktien mit einem Nennwert von NOK 0,50 aufgeteilt.

Ensurge ist spezialisiert auf ultradünne, flexible feststoff Lithium-Mikrobatterien der Klasse 1-100 mAh, die sich an tragbare Geräte, vernetzte Sensoren und IoT-Geräte richten. Ihre innovative Technologie ermöglicht energie-dichte, wiederaufladbare Produkte, die ideal für anwendungsbezogene Formfaktoren sind. Das Unternehmen betreibt ein hochmodernes Produktionswerk im Silicon Valley, das patentierte Prozesstechnologie mit Roll-to-Roll-Produktionsmethoden kombiniert.

Positive
  • Successful registration of share capital increase
  • Issuance of 2,216,074 new shares through Employee Share Purchase Plan
  • Innovative microbattery technology for growing wearables and IoT markets
  • State-of-the-art manufacturing facility in Silicon Valley
Negative
  • Potential dilution of existing shareholders due to new share issuance

Reference is made to the announcement by Ensurge Micropower ASA (the "Company") on 2 September 2024, and the corrected announcement by the Company on 4 September 2024, regarding exercise of 16,000 vested incentive subscription rights under the Company's 2022 Subscription Rights Plan and the resulting issuance of a total of 16,000 new shares in the Company, and the issuance of a total of 2,216,074 shares resolved in connection with the Company's 2024 Employee Share Purchase Plan. 

The share capital increase associated with the above has now been duly registered in the Register of Business Enterprises. Following the share capital increase, the Company's share capital is NOK 311,113,173 divided into 622,226,346 shares, each share having a par value of NOK 0.50.

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 is Ensurge Micropower's (ENMPY) new share capital after the recent increase?

Following the share capital increase, Ensurge Micropower's (ENMPY) new share capital is NOK 311,113,173, divided into 622,226,346 shares, each with a par value of NOK 0.50.

How many new shares were issued by Ensurge Micropower (ENMPY) in September 2024?

Ensurge Micropower (ENMPY) issued a total of 2,232,074 new shares in September 2024, consisting of 16,000 shares from exercised subscription rights and 2,216,074 shares from the Employee Share Purchase Plan.

What is the main product focus of Ensurge Micropower (ENMPY)?

Ensurge Micropower (ENMPY) focuses on ultrathin, flexible, solid-state lithium microbatteries for the 1 to 100 milliampere-hour (mAh) class, targeting wearable devices, connected sensors, and IoT applications.

Where is Ensurge Micropower's (ENMPY) manufacturing facility located?

Ensurge Micropower's (ENMPY) state-of-the-art manufacturing facility is located in the heart of Silicon Valley.

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