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 has announced the approval of a listing prospectus by the Financial Supervisory Authority of Norway for the listing of 9,243,817 new shares on Oslo Børs, effective 22 December 2022. These shares are part of a previous share placement, categorized into Tranche 1 and Tranche 2. Additionally, the prospectus includes provisions for up to 15,596,666 shares that may be issued from convertible loans. The company specializes in ultrathin, flexible solid-state lithium microbatteries for various devices, enhancing energy efficiency in constrained applications.
Ensurge Micropower (OTCIQ: ENMPY) has received a production order for 150,000 units of its innovative solid-state lithium microbattery, a significant step in its collaboration with a leading digital health market customer. This milestone follows successful sampling of its microbattery to various manufacturers. Expected to enter volume production in the first half of 2023, the battery boasts features like fast charging, flexible form factors, and twice the energy density of traditional Li-ion batteries, catering specifically to the unique power needs in digital health and remote monitoring applications.
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.