Welcome to our dedicated page for Ensurge Micropower Asa news (Ticker: ENMPY), a resource for investors and traders seeking the latest updates and insights on Ensurge Micropower Asa stock.
Ensurge Micropower Asa (ENMPY) pioneers ultrathin solid-state lithium microbatteries powering next-gen wearables and IoT devices. This news hub delivers official updates on technological advancements, strategic partnerships, and market developments central to the company’s mission of enabling compact energy solutions.
Investors and industry professionals will find curated press releases, product launch announcements, and financial disclosures. Key focus areas include innovations in flexible battery design, manufacturing scalability through patented roll-to-roll processes, and applications in health tech/smart device ecosystems.
Regular updates cover:
• Technology milestones in energy-dense microbatteries
• Strategic collaborations with wearable/IoT manufacturers
• Operational developments from Silicon Valley production facilities
Bookmark this page for verified updates on ENMPY’s role in advancing safe, flexible power solutions for space-constrained electronics. Check back frequently for insights into microbattery adoption trends and corporate growth indicators.
Ensurge Micropower ASA announced the cancellation of its Subsequent Offering due to declining share prices, which fell below the subscription price of NOK 2.00. Following a successful private placement on 8 November 2022 that raised around NOK 55 million, the share price has been trading around or below this threshold. The board decided this move was necessary as eligible shareholders could purchase shares at similar or lower prices in the market, thereby mitigating dilution concerns. The company remains focused on its core mission of developing innovative solid-state lithium microbatteries.
Ensurge Micropower ASA held an Extraordinary General Meeting where shareholders approved all proposed resolutions, including a share capital increase related to Tranche 2 of a previously announced private placement on November 8, 2022. This decision supports the company's ongoing initiatives to innovate and expand its market presence in the solid-state lithium microbattery sector, catering to wearable devices and IoT solutions. The minutes from the meeting are available for review.
On November 8, 2022, Ensurge Micropower ASA announced a successful private share placement, allocating a total of 27,500,000 new shares across two tranches, generating gross proceeds of approximately NOK 55 million. The registered share capital now stands at NOK 232,634,834.19, divided into 234,984,681 shares. The company specializes in ultrathin, flexible solid-state lithium microbatteries targeting wearables and IoT applications, manufactured using advanced roll-to-roll methods in Silicon Valley.
Ensurge Micropower ASA (OTCIQ: ENMPY) reported its 3Q 2022 results, highlighting a private placement funding of approximately NOK 55 million and the shipment of high-performing battery cells to three strategic partners, including a major consumer device company. The company's strategic partners are projected to represent over USD 1 billion in revenue potential. Production rates of battery cells have significantly increased, with expectations for continued growth into 2023. A web conference discussing these developments is scheduled for November 16, 2022.
Ensurge Micropower ASA announced a web conference following its Q3 2022 interim report release, scheduled for 16 November 2022 at 8:00 am CET. CEO Kevin Barber will present on the company’s technology and market strategies. Ensurge specializes in ultrathin, flexible, and safe energy storage solutions, particularly solid-state lithium battery (SSLB) technology, aimed at various applications such as wearable devices. The company operates a state-of-the-art flexible electronics manufacturing facility in Silicon Valley, enhancing its production capabilities for SSLB technology.
An Extraordinary General Meeting for Ensurge Micropower ASA is scheduled for December 1, 2022, at 9:00 CET, to be held electronically. The meeting notice includes forms for attendance and participation guidelines in both English and Norwegian. Questions can be directed to Investor Relations representative Ståle Bjørnstad via email or phone, or to CEO Kevin Barber via email. Ensurge specializes in developing solid-state lithium microbatteries aimed at the wearable device market and IoT applications, utilizing advanced manufacturing techniques.
Ensurge Micropower ASA announced a significant share lending transaction involving Alden AS, a key shareholder. Following a private placement, Alden AS temporarily disposed of 17,500,000 shares on November 10, 2022. This move reduced Alden AS's holdings from 23,679,132 shares (10.92%) to 6,179,132 shares (2.85%). Consequently, Alden AS now holds 2.85% of the total shares and voting rights in the Company. This transaction highlights the evolving shareholder dynamics and may influence market perceptions of Ensurge Micropower's stability.
Ensurge Micropower ASA has announced a potential repair issue regarding a subsequent offering, scheduled for November 9, 2022. This corporate action is disclosed to comply with the Continuing Obligations requirements. Investors should note this development as it may impact share liquidity and market perception.
On 8 November 2022, Ensurge Micropower ASA announced a private placement to raise approximately NOK 55 million at a subscription price of NOK 2.0 per share. A subsequent offering may raise up to NOK 15 million, subject to approval by an Extraordinary General Meeting expected around 30 November 2022.
The private placement involves a maximum of 7,500,000 new shares. Key dates include the record date on 10 November 2022 and approval date anticipated for late November. An offering prospectus will be published before subscriptions commence.
On November 9, 2022, Ensurge Micropower ASA announced a private placement of shares, targeting to raise approximately NOK 55 million at NOK 2.0 per share. This is followed by a potential subsequent offering, which could raise up to NOK 15 million, also at the same subscription price, pending approval by an Extraordinary General Meeting on or around November 30, 2022. The maximum number of new shares to be issued is 7,500,000. Key dates include last day including right on November 8, ex-date on November 9, and record date on November 10.
