Ensurge Micropower Asa Stock Price, News & Analysis

Ensurge Micropower ASA (ENMPY) has released its 2024 annual report and financial statements, approved by the Board of Directors on April 11, 2025. The report aligns with the preliminary figures disclosed on February 19, 2025, and includes an auditor's emphasis on going concern. No dividend was proposed.

The company reports significant technical progress with their ultrathin, flexible solid-state lithium microbattery technology, having successfully completed testing of their 11-layer battery. Ensurge is now focusing on developing higher-capacity variants and scaling up manufacturing capabilities.

The company maintains a strong commercial pipeline with over 100 prospects across various market segments. Initial product shipments are anticipated in 2025, pending product qualification and certification. Their microbatteries, designed for the 1-100 mAh class, target applications in hearables, wearables, sports devices, and IoT sensor solutions.

Ensurge Micropower ASA (ENMPY) has successfully completed a private placement, raising NOK 60 million through the issuance of 50 million shares at NOK 1.20 per share. The placement was fully underwritten, with underwriters receiving a 4.5% fee paid in 2,250,000 new shares.

The net proceeds will be used to:

• Accelerate development of higher-capacity battery variants (28-layer and 43-layer)
• Increase sales and marketing activities
• Strengthen financial flexibility
• General corporate purposes

Following the placement and underwriting shares issuance, the company's share capital will be NOK 397,606,660.50, divided into 795,213,321 shares. Settlement is expected around April 15, 2025. The Board deemed the private placement compliant with equal treatment obligations, citing market conditions and growth opportunities as justification.

Ensurge Micropower ASA (ENMPY) has announced a private placement of 50 million new shares at NOK 1.20 per share, aiming to raise gross proceeds of NOK 60 million. The placement, managed by Arctic Securities AS, includes an underwriting agreement with a 4.5% fee payable in 2,250,000 new shares.

The net proceeds will be allocated to: (i) accelerate development of higher-capacity battery variants (28-layer and 43-layer), (ii) enhance sales and marketing activities, (iii) strengthen financial flexibility, and (iv) general corporate purposes. The application period runs from April 10, 2025, at 16:30 CET to April 11, 2025, at 08:00 CET, with settlement expected around April 15, 2025.

The company is considering a subsequent offering to existing shareholders who didn't participate in the private placement, subject to various conditions including market price and regulatory approvals.

Ensurge Micropower (OSE: ENSU, OTCQB: ENMPY) has announced the successful resolution of all remaining critical issues with its solid-state microbatteries, making them ready for shipment to strategic partners. The company has completed comprehensive battery evaluations, with 11-layer solid-state batteries on 10um stainless steel meeting all key performance requirements.

Key achievements include:

• Energy density of 200 Wh/L for 11-layer battery, with projected 750 Wh/L for 43-layer stack
• 50+ cycles demonstrated
• 12.5 pulse C-rate
• 8-minute charge time to 80% capacity
• 90% stacking yield
• 24/7 factory operation since February 2025

The company is now advancing to develop higher-capacity variants, starting with a 28-layer configuration before moving to the targeted 43-layer stack. Discussions with a Fortune 500 partner toward a formal joint development agreement are progressing as planned.

Ensurge Micropower ASA (ENMPY) has announced the successful registration of a share capital increase following the issuance of 2,733,844 shares under its 2024 Employee Share Purchase Plan. After this registration, the company's total share capital stands at NOK 371,481,660.50, divided into 742,963,321 shares with a par value of NOK 0.50 each.

Ensurge specializes in developing ultrathin, flexible solid-state lithium microbatteries for the 1-100 milliampere-hour (mAh) market. Their technology targets applications in wearable devices, including hearables, digital health devices, sports equipment, and IoT sensor solutions. The company operates a manufacturing facility in Silicon Valley, combining patented process technology with roll-to-roll production methods.

Ensurge Micropower ASA disclosed a notification regarding transactions by Primary Insiders and Close Associates, in compliance with Section 5-12 of the Norwegian Securities Trading Act. The disclosure specifically mentions Lars P Eikeland as a Primary Insider, with the notification dated March 3, 2025.

Ensurge Micropower ASA has issued 2,733,844 ordinary shares at an average price of NOK 0.9138 per share under its 2024 Employee Share Purchase Plan (ESPP). The plan, approved on May 14, 2024, attracted 21 participants in the offering period ending February 28, 2025.

CEO and CFO Lars Eikeland acquired 970,571 shares at NOK 0.6762 per share. The ESPP allows eligible participants to invest up to 20% of their gross salary or service fees in company shares, with a minimum investment of NOK 6,000 per offering period. The plan operates in two six-month offering periods.

Following this issuance, the company's share capital will be NOK 371,481,660.50, divided into 742,963,321 shares with a par value of NOK 0.50 each.

Accelerate Capital has released a Technical Follow-Up report on Ensurge Micropower, a company specializing in solid-state lithium microbatteries. The company's innovative technology focuses on ultrathin, flexible, and safe batteries in the 1-100 milliampere-hour (mAh) range.

Their microbatteries are designed for wearable devices, including hearables (hearing aids and wireless headphones), digital health wearables, sports and fitness devices, and IoT sensor solutions utilizing energy harvesting. The company operates a state-of-the-art manufacturing facility in Silicon Valley, combining patented process technology with roll-to-roll production methods.

Accelerate Capital has released a Technical Follow-Up report on Ensurge Micropower (ENMPY), accessible via the company's homepage. The report evaluates Ensurge's development of ultrathin, flexible solid-state lithium microbatteries in the 1-100 milliampere-hour (mAh) range.

The company specializes in energy solutions for wearable devices, including hearables, digital health devices, sports equipment, and IoT sensors with energy harvesting capabilities. Ensurge operates a manufacturing facility in Silicon Valley, combining proprietary process technology with roll-to-roll production methods to serve both existing and emerging markets.