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ENSURGE MICROPOWER S/ADR - ENMPY STOCK NEWS

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ENSURGE MICROPOWER S/ADR (ENMPY) is a leading provider of innovative energy solutions, specializing in micro-power generation technologies. The company focuses on developing environmentally friendly and cost-effective solutions for off-grid and remote power needs. With a strong commitment to sustainability, Ensurge Micropower aims to revolutionize the energy sector by offering reliable and efficient power solutions that reduce carbon footprint. Their cutting-edge products include solar panels, wind turbines, and energy storage systems, catering to a wide range of industries and applications. Through strategic partnerships and continuous research and development, Ensurge Micropower is at the forefront of the clean energy revolution, driving towards a greener and more sustainable future.

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Ensurge Micropower ASA (OSE: ENSU, OTCQB: ENMPY) has signed a customer agreement with a second global leader in the hearables market, enhancing its position in the industry. This follows previous agreements with other major players, allowing Ensurge to deliver solid-state microbatteries optimized for medical hearables devices. The total microbattery opportunity across various sectors is approaching $10 billion. Ensurge aims to deliver initial samples by Q4 2021 and ramp up production in 2022, leveraging innovative ultrathin steel technology for powerful and compact energy solutions.

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Ensurge Micropower ASA announced the successful registration of share capital increases following the exercise of Warrants B and C, as previously disclosed on 25 August 2021. The new registered share capital amounts to NOK 192,114,763.72, divided into 1,746,497,852 shares, each with a par value of NOK 0.11. This update reflects the company's ongoing efforts in capital management and aligns with regulatory requirements under the Norwegian Securities Trading Act.

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Ensurge Micropower ASA has announced its participation in the Nordic TMT Conference on September 1, 2021, with CEO Kevin Barber scheduled to present at 1:05 PM CEST. The company specializes in advanced energy storage solutions, particularly solid-state lithium batteries, aiming to cater to wearable devices and connected sensors. Ensurge operates a flexible electronics manufacturing facility in Silicon Valley, focusing on innovative battery production methods.

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On August 27, 2021, Ensurge Micropower ASA's board approved the issuance of 10,650,000 incentive subscription rights to employees as part of the 2021 incentive plan. The rights have an exercise price of NOK 0.6594 per share, vesting 50% annually over two years and expiring on June 3, 2026. After this issuance, a total of 191,929,369 subscription rights are outstanding. This development is part of the company's strategy to incentivize employees and strengthen engagement.

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Ensurge Micropower ASA disclosed that a major shareholder, Tigerstaden AS, has exercised Warrants B for 45,454,545 new shares. This issuance follows the company's earlier announcement regarding the approval of warrant exercises, which resulted in a total of 195,860,558 new shares registered. Post-conversion, Tigerstaden AS's stake will increase to 10.34% of the company's total outstanding shares, totaling 180,537,878 shares. Tigerstaden AS no longer holds any unexercised warrants.

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Ensurge Micropower ASA announced that large shareholder Robert Napier Keith will receive 53,636,362 shares after exercising Warrants B. This issuance of shares follows the company's previous announcement of 195,860,558 new shares approved on August 25, 2021. Post-conversion, Keith's stake will increase to 18.45%, totaling 322,212,062 shares. The disclosure follows Section 4-2 of the Norwegian Securities Trading Act, highlighting a significant change in shareholding dynamics within the company.

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Ensurge Micropower ASA announced the release of its investor presentation for the First Half 2021 results on August 27, 2021. The presentation is accompanied by CEO Kevin Barber's webcast. Ensurge specializes in ultrathin, flexible, and safe energy storage solutions, particularly solid-state lithium battery technology. The company aims to impact markets requiring lightweight and cost-effective rechargeable batteries, backed by its state-of-the-art manufacturing facility in Silicon Valley. Investors can access the presentation online for detailed financial data.

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Ensurge Micropower ASA released its interim report for the first half of 2021 on August 27, highlighting significant progress in battery technology. Key achievements include validation of battery cell performance for ultrathin applications, customer agreements with leaders in the hearables and wearables markets, and the appointment of notable industry experts to its advisory board. The company is on track to deliver initial customer samples by Q4 2021. The CEO will discuss these developments in a web conference on the same day.

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Ensurge Micropower ASA will hold a web conference on 27 August 2021 at 8:00 AM CEST to discuss its first half 2021 interim report and financial statements. CEO Kevin Barber will present the company's technology, manufacturing, and go-to-market strategies. The conference will be accessible via a live stream, with a recording available later on the company's investor relations website. Ensurge specializes in ultrathin, flexible energy storage solutions and is positioned to deliver innovative solid-state lithium battery technology in various markets.

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On August 25, 2021, Ensurge Micropower ASA announced the exercise of a total of 195,813,603 Warrants B and an additional 46,955 Warrants C, increasing its share capital by NOK 21,544,661.38. The board confirmed that Warrants B have expired and may no longer be exercised. Following the new issuance, the total share capital will amount to NOK 192,114,763.72, divided into 1,746,497,852 shares with a par value of NOK 0.11 each. This update follows previous announcements regarding shareholder resolutions for private placements and share offerings.

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FAQ

What is the current stock price of ENSURGE MICROPOWER S/ADR (ENMPY)?

The current stock price of ENSURGE MICROPOWER S/ADR (ENMPY) is $0.2808 as of November 22, 2024.

What is the market cap of ENSURGE MICROPOWER S/ADR (ENMPY)?

The market cap of ENSURGE MICROPOWER S/ADR (ENMPY) is approximately 57.8M.

What does ENSURGE MICROPOWER S/ADR specialize in?

ENSURGE MICROPOWER S/ADR specializes in innovative energy solutions, focusing on micro-power generation technologies.

What are some products offered by ENSURGE MICROPOWER S/ADR?

ENSURGE MICROPOWER S/ADR offers a range of cutting-edge products such as solar panels, wind turbines, and energy storage systems.

What is the company's commitment to sustainability?

ENSURGE MICROPOWER S/ADR is strongly committed to sustainability and aims to revolutionize the energy sector with environmentally friendly and cost-effective solutions.

How does ENSURGE MICROPOWER S/ADR contribute to reducing carbon footprint?

ENSURGE MICROPOWER S/ADR contributes to reducing carbon footprint by providing reliable and efficient power solutions that are designed to be environmentally friendly.

What industries does ENSURGE MICROPOWER S/ADR cater to?

ENSURGE MICROPOWER S/ADR caters to a wide range of industries and applications with their innovative energy solutions.

What sets ENSURGE MICROPOWER S/ADR apart in the energy sector?

ENSURGE MICROPOWER S/ADR stands out in the energy sector with their focus on sustainability, cutting-edge technologies, and commitment to driving a greener and more sustainable future.

How does ENSURGE MICROPOWER S/ADR stay ahead in the clean energy revolution?

ENSURGE MICROPOWER S/ADR stays ahead in the clean energy revolution through strategic partnerships, continuous research and development, and a dedication to innovation.

What is the vision of ENSURGE MICROPOWER S/ADR?

ENSURGE MICROPOWER S/ADR envisions a greener and more sustainable future by providing reliable, efficient, and environmentally friendly energy solutions.

How does ENSURGE MICROPOWER S/ADR contribute to off-grid and remote power needs?

ENSURGE MICROPOWER S/ADR addresses off-grid and remote power needs by offering cost-effective and reliable solutions tailored to these specific requirements.

What is the impact of ENSURGE MICROPOWER S/ADR's products on the energy sector?

ENSURGE MICROPOWER S/ADR's products have a significant impact on the energy sector by driving innovation, sustainability, and efficiency in micro-power generation technologies.

ENSURGE MICROPOWER S/ADR

OTC:ENMPY

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ENMPY Stock Data

57.77M
30.54M
Electronic Components
Technology
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