Ensurge Micropower Asa Stock Price, News & Analysis

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.

Ensurge Micropower reports significant progress in Q4 2024, announcing near-resolution of microbattery energy leakage issues and advanced discussions for a joint development agreement with a Fortune 500 company focused on next-generation batteries with increased energy density. The company has implemented a 24/7 shift structure to support production ramp-up and successfully resolved battery stack encapsulation challenges through process optimization.

Technical achievements include reaching 90% stacking yield after cell testing for both 11- and 28-layer batteries, demonstrating production scalability and repeatability. The company reports a growing customer pipeline, strong strategic partnerships, and has filed five Invention Disclosure Records for patent applications. Their ultrathin, flexible solid-state lithium microbatteries, designed for the 1-100 mAh class, target applications in wearables, connected sensors, and IoT devices.

Ensurge Micropower ASA held an Extraordinary General Meeting electronically on February 11, 2025. The meeting approved all agenda items proposed by the board of directors, including the issuance of 20,000,000 warrants to participants in the private placement announced on January 20, 2025. Each warrant has an exercise price of NOK 1.

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

Ensurge Micropower ASA has disclosed voting rights ahead of its extraordinary general meeting on February 11, 2025. Board Chair Terje Rogne holds 82,962,505 voting rights through proxies, while board member Morten Opstad controls 39,605,071 voting rights, including shares held personally, by close relations, and through proxies. Some proxies may include voting instructions.

The company specializes in ultrathin, flexible solid-state lithium microbatteries for the 1-100 mAh class, targeting wearables, connected sensors, and IoT applications. Their manufacturing facility in Silicon Valley combines patented process technology with roll-to-roll production methods.

Ensurge Micropower ASA has announced the grant of 80,000 incentive subscription rights to US employees on February 3, 2025. The grant, made under the company's 2024 incentive subscription rights plan, features an exercise price of NOK 0.969 per share. The subscription rights will vest in two equal portions: 50% after one year and 50% after two years from the grant date, with an expiration date of May 14, 2029.

Ensurge specializes in developing ultrathin, flexible solid-state lithium microbatteries for the 1-100 milliampere-hour (mAh) market. Their technology targets applications in wearables, connected sensors, and IoT devices. The company operates a manufacturing facility in Silicon Valley, combining patented process technology with roll-to-roll production methods.

Ensurge Micropower ASA has successfully completed and registered a private placement of 40,000,000 new shares at NOK 1.00 per share, raising total gross proceeds of NOK 40 million. Following the capital increase, the company's share capital is now NOK 370,114,738.50, divided into 740,229,477 shares with a par value of NOK 0.50 each.

The company specializes in ultrathin, flexible solid-state lithium microbatteries for the 1-100 milliampere-hour class, targeting applications in wearables, connected sensors, and IoT devices. Their manufacturing facility in Silicon Valley combines patented process technology with roll-to-roll production methods. Arctic Securities AS served as bookrunner and manager for the private placement.

Ensurge Micropower ASA has announced an Extraordinary General Meeting (EGM) to be held electronically on 11 February 2025 at 09:00 (CET). The meeting agenda includes registration of shareholders, election of meeting officials, approval of notice and agenda, issuance of warrants, and board authorizations for share issuance through both private placements and rights issues.

The company specializes in developing ultrathin, flexible solid-state lithium microbatteries for the 1-100 milliampere-hour (mAh) class of devices. These batteries are designed for wearables, connected sensors, and IoT applications. Ensurge operates a manufacturing facility in Silicon Valley, combining patented process technology with roll-to-roll production methods.