STOCK TITAN

Ensurge Micropower Asa - ENMPY STOCK NEWS

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.

Rhea-AI Summary

Ensurge Micropower has made significant advancements in delivering battery samples to customers, meeting key cycling requirements for its solid-state lithium micro batteries. The company confirms the manufacturing of samples is expected in early August 2022. Existing customers are actively engaged, with new interest from at least 11 additional clients. Ensurge anticipates its first customer revenue in Q4 2022. The company is also pursuing strategic partnerships and working with investment banks for future financial structures, aiming to leverage its innovative technology across the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.09%
Tags
none
-
Rhea-AI Summary

On June 20, 2022, Ensurge Micropower ASA announced the registration of a share capital increase following the exercise of subscription rights by a former board member. The new share capital now stands at NOK 211,178,713.68, divided into 213,311,832 shares with a par value of NOK 0.99 each. This share capital increase reflects the company's ongoing equity management efforts and may influence shareholder value and stock performance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Ensurge Micropower ASA announced the issuance of 621,324 shares with an exercise price of NOK 1.35 following the exercise of incentive subscription rights by a former board member. This action will increase the company's share capital to NOK 211,178,713.68, divided into 213,311,832 shares, each with a par value of NOK 0.99. The resolution was made in accordance with a prior Extraordinary General Meeting held on 19 August 2020. Ensurge specializes in solid-state lithium microbatteries for wearable technology and IoT applications.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

On 25 May 2022, Ensurge Micropower ASA granted incentive subscription rights to new board members following an Annual General Meeting. Board members Victoire de Margerie and Mark C. Newman each acquired 1,000,000 subscription rights for no consideration, with an exercise price of NOK 2.5. These initial notifications indicate a potential increase in board member incentives, which could positively impact company governance. The transactions occurred outside a trading venue, and the Company's LEI is 5493007QXMCG0WPKFC96.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

On May 25, 2022, Ensurge Micropower ASA convened its Annual General Meeting, which approved the issuance of 2,000,000 incentive subscription rights to the two new board members, 1,000,000 each. The exercise price is set at NOK 2.5 per share, with rights vesting over two years in quarterly increments of 12.5%, starting three months post-grant. This strategic move aims to align board member incentives with shareholder interests.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

The Annual General Meeting of Ensurge Micropower ASA took place on May 25, 2022. Shareholders approved all proposals outlined in the meeting notice. This approval indicates strong shareholder support for the company's strategic direction.

For further inquiries, contact Ståle Bjørnstad, Investor Relations, at stale.bjornstad@ensurge.com, or Kevin Barber, CEO, at kevin.barber@ensurge.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Ensurge Micropower ASA (OTCIQ: ENMPY) has released its Q1 2022 report, highlighting several key advancements. The company achieved improved unit cell cycling performance and validated packaging materials for hermetic sealing. It reported successful handling of ultra-thin substrates and filed multiple patents. Existing customers are actively integrating the Ensurge microbattery into their products, with significant interest from new clients. The demand is driven by form factor flexibility, energy density, and fast charging capabilities. Ensurge plans to provide microbattery samples to customers shortly.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Ensurge Micropower ASA announced its Annual General Meeting for 25 May 2022, referencing a proposal from the Nomination Committee to enhance its Board. The proposal includes two new Board candidates: Victoire de Margerie and Mark Newman, both with extensive experience in the materials and battery industries. De Margerie brings 35 years of leadership across multiple countries, while Newman is a recognized expert in batteries and electric vehicles, known for his influential research. This move aligns with the Company's progression towards commercialization in the battery sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.69%
Tags
none
-
Rhea-AI Summary

Ensurge Micropower ASA will hold a web conference on May 25, 2022, at 8:00 AM CET to discuss its first quarter 2022 results. CEO Kevin Barber will present insights into the company's technology and market strategies. The event can be accessed online and will later be available as a recording on Ensurge's investor relations website. The company specializes in ultrathin, flexible, and safe energy storage solutions, leveraging its innovative solid-state lithium battery technology for diverse applications. Ensurge aims to deliver powerful, lightweight, and cost-effective rechargeable batteries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.69%
Tags
none
Rhea-AI Summary

Ensurge Micropower ASA announced the upcoming Annual General Meeting scheduled for 25 May 2022. The meeting agenda includes the review of the Remuneration Report for 2021, which is now available on the Company's website. This report outlines the compensation structure for the Company's executives and is part of the governance practices required under Norwegian law. Shareholders can access the report through the provided link. For further inquiries, the company has listed contact details for investor relations and corporate leadership.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Ensurge Micropower Asa

OTC:ENMPY

ENMPY Rankings

ENMPY Stock Data

86.79M
30.54M
Electronic Components
Technology
Link
Norway
Oslo