Ensurge Micropower ASA Boosts Share Capital with New Issuances
Ensurge Micropower ASA Increases Share Capital
Ensurge Micropower ASA recently reported a successful increase in its share capital following the exercise of subscription rights under its 2022 plan. The company announced that a total of 16,000 new shares have been issued, complementing an additional 2,216,074 shares from its 2024 Employee Share Purchase Plan.
Details of the Share Capital Increase
The significant share capital increase has been officially registered in the Register of Business Enterprises. With this latest increase, Ensurge Micropower ASA's total share capital now stands at NOK 311,113,173, expanded over 622,226,346 shares, each with a par value of NOK 0.50.
Innovative Technology at Ensurge Micropower
Ensurge Micropower is at the forefront of innovation in the battery technology sector. The company specializes in producing ultrathin, flexible, and highly safe solid-state lithium microbatteries, suitable for a variety of applications, particularly in the wearable devices market. These microbatteries excel in powering devices that require a compact form, such as hearing aids, smartwatches, and fitness trackers.
Advancements in Battery Technology
The Ensurge Microbattery technology is designed to meet the demands of energy-dense rechargeable products, providing solutions for connected sensors and IoT devices. Whether for health diagnostics or everyday consumer electronics, Ensurge's batteries incorporate cutting-edge roll-to-roll production methods, optimizing both efficiency and scalability.
Company Information and Future Outlook
Located in Silicon Valley, Ensurge's manufacturing facility combines innovative materials with advanced processes to push the boundaries of battery technology. This positions the company for growth in both established and emerging markets.
Contact Information
To learn more about Ensurge Micropower ASA, Lars Eikeland, the Chief Executive Officer, is available for inquiries via email at lars.eikeland@ensurge.com.
Frequently Asked Questions
What is the significance of the share capital increase?
The increase reflects the company's ability to raise funds through share issuance, fostering growth and enhancing liquidity.
What types of applications benefit from Ensurge's batteries?
Ensurge's batteries support a range of devices, including wearables, IoT sensors, and other compact electronic devices.
Where is Ensurge's manufacturing facility located?
Ensurge Micropower operates its state-of-the-art manufacturing facility in Silicon Valley.
What is the company's mission?
Ensurge aims to energize innovation by providing advanced battery solutions that empower modern technologies.
How can I contact Ensurge for more information?
Inquiries can be directed to Lars Eikeland via email at lars.eikeland@ensurge.com.
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