Ensurge Micropower ASA - Registration of Share Capital Reduction
Ensurge Micropower ASA announced on March 14, 2023, that its Extraordinary General Meeting (EGM) approved all proposals, including a share capital reduction. This reduction, now registered, brings the company's share capital to NOK 24,422,849.80, divided into 244,228,498 shares, each with a par value of NOK 0.10. A subsequent share capital increase, also resolved in the EGM, will be registered separately. Ensurge focuses on ultrathin, flexible, and safe energy storage solutions, particularly its innovative solid-state lithium battery technology for various applications.
- Share capital reduction successfully registered, streamlining financial structure.
- Company is focusing on innovative solid-state lithium battery technology, positioning itself in a growing market.
- None.
Oslo, 24 March 2023
Reference is made to the announcement by Ensurge Micropower ASA (the "Company") on 14 March 2023 regarding the held Extraordinary General Meeting in the Company(“EGM”), and the approval of all proposals, hereunder a share capital reduction, by such EGM.
The share capital reduction has now been duly registered in the Register of Business Enterprises. Following the share capital reduction, the Company's share capital is NOK 24,422,849.80 divided into 244,228,498 shares, each share having a par value of NOK 0.10.
The share capital increase resolved by the EGM will be registered separately with the Register of Business Enterprises.
Contact
Ståle Bjørnstad - Investor Relations
E-mail: stale.bjornstad@ensurge.com (mailto: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 is the current share capital of Ensurge Micropower ASA after the reduction?
How many shares are outstanding for Ensurge Micropower ASA?
When was the share capital reduction registered for Ensurge Micropower ASA?
What technology does Ensurge Micropower focus on?
