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Ensurge Micropower ASA develops advanced microbattery technology for form-factor-constrained devices across consumer, medical, and industrial markets. The company’s news centers on thin-film batteries produced through high-precision roll-to-roll processes, customer-related commercialization activity, and its Oslo Stock Exchange-listed corporate structure.
Recurring announcements also cover capital actions and governance matters, including private placements, subsequent offerings, share capital registrations, warrants, shareholder meeting approvals, board authorizations, articles of association updates, and subscription-right incentive plans under Norwegian securities disclosure requirements.
Ensurge Micropower ASA has successfully registered a 9:1 reverse share split, following the approval at the Extraordinary General Meeting on 24 February 2022. As a result, the company's share capital is now NOK 210,563,602.92, divided into 212,690,508 shares, each with a par value of NOK 0.99. This registration does not alter the previously announced dates from 8 March 2022.
Ensurge Micropower ASA announces the registration of a share capital increase, now totaling NOK 210,563,602.92. This follows the issuance of 4 new shares approved by the Extraordinary General Meeting on 24 February 2022. The total number of shares stands at 1,914,214,572, with each share valued at NOK 0.11.
Ensurge Micropower ASA announced on 24 February 2022 that its Extraordinary General Meeting approved an authorization for the board to issue shares for a share consolidation. Following this, the board has resolved to increase the share capital by NOK 0.44, moving from NOK 210,563,602.48 to NOK 210,563,602.92. This increase involves the issuance of 4 new shares, each priced at NOK 0.11. Post-registration, the total share capital will be NOK 210,563,602.92, divided into 1,914,214,572 shares, each with a par value of NOK 0.11.
Ensurge Micropower ASA announced a successful private placement of shares, allocating 125,561,401 shares in Tranche 1 and 41,105,265 shares in Tranche 2, raising approximately NOK 100 million. The Extraordinary General Meeting on 24 February 2022 approved Tranche 2. The share capital increase related to Tranche 2 has been registered, bringing the total share capital to NOK 210,563,602.48, divided into 1,914,214,568 shares with a par value of NOK 0.11 each.
The Extraordinary General Meeting of Ensurge Micropower ASA approved a reverse share split on 24 February 2022, where 9 old shares will convert into 1 new share. Key details include:
- Last day including right: 9 March 2022
- Ex-date: 10 March 2022
- Record date: 11 March 2022
- New ISIN: NO0012450008 (effective 10 March 2022)
This action is part of regulatory compliance with Euronext Oslo Børs requirements.
On February 24, 2022, Ensurge Micropower ASA held an Extraordinary General Meeting where all proposed resolutions were approved by shareholders. The minutes of the meeting will be made available on the Company’s website. For further inquiries, investors can contact Investor Relations via email or phone.
Ensurge Micropower ASA has released its Q4 2021 interim report, showcasing major advancements. The company plans to ship functional samples soon, having optimized its packaging and battery integration processes. It has prepared its roll-to-roll line for solid-state microbattery production. Significant customer agreements with a Fortune 500 company and a leader in digital health were announced, highlighting increased customer leads. These developments affirm Ensurge's position in the energy storage market.
As of February 22, 2022, Morten Opstad, Chair of the Board of Ensurge Micropower ASA, holds a total of 528,619,427 shares, representing 28.22% of the company's share capital and voting rights. This includes a proxy to vote for 513,223,779 shares (27.40%) and voting instructions for 15,395,648 shares (0.82%). The Extraordinary General Meeting is scheduled for February 24, 2022. Ensuring a strong voting presence, Mr. Opstad and close associates' holdings underline significant shareholder engagement.
Ensurge Micropower ASA will hold a webcast on February 23, 2022, at 8:00 AM CET to discuss its fourth-quarter 2021 results. CEO Kevin Barber will present the company's advancements in ultrathin, flexible battery technology and its manufacturing strategies. The event will be accessible via a provided link, and a recording will be available on the company's investor relations website afterward. Ensurge focuses on innovative solid-state lithium battery solutions suitable for wearable devices and connected sensors, headquartered in Oslo and San Jose.
As of 18 February 2022, Morten Opstad, Chair of the Board of Ensurge Micropower ASA, holds significant voting rights ahead of the Extraordinary General Meeting on 24 February 2022. He possesses a total of 257,283,147 shares, equating to 13.74% of the company's share capital and voting rights. This total includes 257,070,756 shares via proxy representation, which accounts for 13.72%, and 212,391 shares with voting instructions, making up 0.01%.