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Ensurge Micropower ASA - Registration of Share Capital Increase

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Ensurge Micropower ASA has announced the successful registration of a share capital increase associated with Tranche 1 of its recent private placement. The company's updated share capital is now NOK 342,008,333, divided into 684,016,666 shares, each with a par value of NOK 0.50. This follows the private placement announced on September 19, 2024, which raised total gross proceeds of NOK 75 million through the allocation of 61,790,320 new shares in Tranche 1 and 13,209,680 new shares in Tranche 2.

Ensurge Micropower specializes in developing ultrathin, flexible, and safe solid-state lithium microbatteries for various applications, including wearable devices and IoT sensors. The company's manufacturing facility in Silicon Valley combines patented process technology with roll-to-roll production methods.

Ensurge Micropower ASA ha annunciato con successo la registrazione di un aumento di capitale sociale associato alla Tranche 1 del suo recente collocamento privato. Il capitale sociale aggiornato dell'azienda è ora NOK 342.008.333, suddiviso in 684.016.666 azioni, ciascuna con un valore nominale di NOK 0,50. Ciò segue il collocamento privato annunciato il 19 settembre 2024, che ha raccolto proventi lordi totali di NOK 75 milioni attraverso l'allocazione di 61.790.320 nuove azioni nella Tranche 1 e 13.209.680 nuove azioni nella Tranche 2.

Ensurge Micropower è specializzata nello sviluppo di microbatterie al litio a stato solido ultrafini, flessibili e sicure per varie applicazioni, tra cui dispositivi indossabili e sensori IoT. Lo stabilimento di produzione dell'azienda nella Silicon Valley combina tecnologia di processo brevettata con metodi di produzione roll-to-roll.

Ensurge Micropower ASA ha anunciado con éxito el registro de un aumento de capital social asociado con la Tranche 1 de su reciente colocación privada. El capital social actualizado de la empresa es ahora NOK 342.008.333, dividido en 684.016.666 acciones, cada una con un valor nominal de NOK 0,50. Esto sigue al colocamiento privado anunciado el 19 de septiembre de 2024, que recaudó ingresos brutos totales de NOK 75 millones mediante la asignación de 61.790.320 nuevas acciones en la Tranche 1 y 13.209.680 nuevas acciones en la Tranche 2.

Ensurge Micropower se especializa en el desarrollo de microbaterías de litio de estado sólido ultradelgadas, flexibles y seguras para diversas aplicaciones, incluidos dispositivos portátiles y sensores de IoT. La planta de fabricación de la empresa en Silicon Valley combina tecnología de proceso patentada con métodos de producción roll-to-roll.

Ensurge Micropower ASA는 최근 사모 배급의 1단계와 관련된 자본금 증가 성공적인 등록을 발표했습니다. 회사의 업데이트된 자본금은 현재 NOK 342,008,333이며, 684,016,666 주식으로 나뉘어 있으며, 각각의 액면가는 NOK 0.50입니다. 이는 2024년 9월 19일에 발표된 사모 배급과 함께 진행되었으며, NOK 75 백만의 총 매출61,790,320 새로운 주식 1단계13,209,680 새로운 주식 2단계로 할당하면서 발생했습니다.

Ensurge Micropower는 다양한 응용 프로그램, 착용 가능한 장치 및 IoT 센서를 포함하여 초박형, 유연하고 안전한 고체 상태 리튬 마이크로 배터리를 개발하는 데 전문화되어 있습니다. 회사의 제조 시설은 실리콘 밸리에서 특허 받은 공정 기술과 롤 투 롤 생산 기술을 결합하고 있습니다.

Ensurge Micropower ASA a annoncé l'enregistrement réussi d'une augmentation de capital associée à la Tranche 1 de son récent placement privé. Le capital social mis à jour de l'entreprise est désormais de NOK 342.008.333, divisé en 684.016.666 actions, chacune ayant une valeur nominale de NOK 0,50. Cela fait suite au placement privé annoncé le 19 septembre 2024, qui a permis de recueillir des produits bruts totaux de NOK 75 millions grâce à l'allocation de 61.790.320 nouvelles actions dans la Tranche 1 et 13.209.680 nouvelles actions dans la Tranche 2.

Ensurge Micropower se spécialise dans le développement de microbatteries au lithium à état solide, ultrafines, flexibles et sûres pour diverses applications, y compris les dispositifs portables et les capteurs IoT. L'installation de fabrication de l'entreprise en Californie combine une technologie de processus brevetée avec des méthodes de production roll-to-roll.

Ensurge Micropower ASA hat die erfolgreiche Registrierung einer Kapitalerhöhung im Zusammenhang mit Tranche 1 ihrer kürzlichen Privatplatzierung bekannt gegeben. Das aktualisierte Grundkapital des Unternehmens beträgt nun NOK 342.008.333, unterteilt in 684.016.666 Aktien, jede mit einem Nennwert von NOK 0,50. Dies folgt der am 19. September 2024 bekannt gegebenen Privatplatzierung, die Gesamterlöse von NOK 75 Millionen durch die Zuteilung von 61.790.320 neuen Aktien in Tranche 1 und 13.209.680 neuen Aktien in Tranche 2 erzielt hat.

Ensurge Micropower spezialisiert sich auf die Entwicklung von ultradünnen, flexiblen und sicheren Festkörper-Lithium-Mikrobatterien für verschiedene Anwendungen, einschließlich tragbarer Geräte und IoT-Sensoren. Die Produktionsstätte des Unternehmens im Silicon Valley kombiniert patentierte Prozesstechnologie mit Roll-to-Roll-Produktionsmethoden.

Positive
  • Successful completion of private placement raising NOK 75 million
  • Registration of share capital increase for Tranche 1
  • Expansion of company's share capital to NOK 342,008,333
Negative
  • Potential dilution of existing shareholders due to issuance of new shares

Oslo, 27 September 2024

Reference is made to the announcement by Ensurge Micropower ASA (the "Company") on 19 September 2024 regarding a successful private placement of shares ("Private Placement"), through an allocation of 61,790,320 new shares in Tranche 1 and an allocation of 13,209,680 new shares in Tranche 2, for total gross proceeds (i.e. both tranches) of NOK 75 million. 

The share capital increase associated with Tranche 1 has now been duly registered in the Register of Business Enterprises. Following the share capital increase, the Company's share capital is NOK 342,008,333 divided into 684,016,666 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.

Advisors 

Arctic Securities and Skandinaviska Enskilda Banken AB (publ) are acting as joint bookrunners in connection with the Private Placement. Ræder Bing advokatfirma AS is acting as the Company's legal advisor. Advokatfirmaet Thommessen AS is acting as legal advisor to the Managers. 

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.


FAQ

What was the total amount raised in Ensurge Micropower's (ENMPY) recent private placement?

Ensurge Micropower (ENMPY) raised total gross proceeds of NOK 75 million in its recent private placement announced on September 19, 2024.

How many new shares were allocated in Tranche 1 and Tranche 2 of Ensurge Micropower's (ENMPY) private placement?

In the private placement, Ensurge Micropower (ENMPY) allocated 61,790,320 new shares in Tranche 1 and 13,209,680 new shares in Tranche 2.

What is Ensurge Micropower's (ENMPY) updated share capital following the recent share capital increase?

Following the share capital increase, Ensurge Micropower's (ENMPY) share capital is NOK 342,008,333, divided into 684,016,666 shares, each with a par value of NOK 0.50.

What type of technology does Ensurge Micropower (ENMPY) specialize in?

Ensurge Micropower (ENMPY) specializes in developing ultrathin, flexible, and safe solid-state lithium microbatteries for wearable devices, connected sensors, and IoT applications.

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